Beechbrook Capital is supporting further expansion at executive search and business intelligence firm Leathwaite.
The new investment by Beechbrook’s UK SME Credit fund will enable Leathwaite to accelerate its worldwide expansion, launch new business streams and invest in proprietary technology, while also providing equity to develop and attract talent.
Formed in 1999 by its current four partners: Andrew Wallace, Martin Phillips, Neil Ejje and James Rust, Leathwaite has offices in London, New York, Hong Kong and Zurich. Its team of more than 100 professionals has successfully delivered projects across Africa, the Americas, Asia, Europe, the Middle East and Oceania.
Over the past 19 years, Leathwaite has established itself as the firm of choice for many of the world’s most innovative and ambitious companies. With a world-class reputation in executive search, executive interim, managed project delivery and market intelligence solutions, the business is expanding rapidly as top talent becomes increasingly mobile.
Jon Herbert, managing director of Beechbrook’s UK SME Credit fund, says: “We are delighted to have closed our investment into Leathwaite. We are very impressed with the calibre of the management team and look forward to supporting their growth initiatives which build on the company’s existing strong market position. This investment is another example of Beechbrook’s strategy of backing high quality entrepreneurial management teams in growing businesses.”
Leathwaite’s Martin Phillips adds: “Beechbrook’s backing will help Leathwaite to achieve further momentum across a number of exciting initiatives, in particular as we launch new tech businesses like The Pay Index, our free crowd-sourced compensation tool for senior executives. The injection of growth capital demonstrates how committed Leathwaite are to expanding the business in the UK and internationally.”
Beechbrook was advised on the transaction by Gateley Plc.
