HIG Bayside Capital Europe (Bayside), the European special situations and capital solutions affiliate of alternative investment firm HIG Capital (HIG), has completed the refinancing of recruitment specialist Oliver James.
Bayside provided a £31m facility to refinance existing debt and finance the further growth of the Company.
Oliver James was founded in 2002 in Manchester, England by Oliver Castle and James Rogers, and is now a multi-award-winning recruitment and talent solutions specialist with 14 offices globally, focusing on specialist verticals. Since its inception, Oliver James has experienced significant organic growth driven by its sophisticated, tech-enabled operating model, knowledge of specialist markets, and focus on staff development and retention.
According to a press statement, Bayside provided a bespoke, flexible financing solution to Oliver James that allows the company to “continue to invest in its business and drive ongoing development”. The financing solution also includes undrawn facilities to support future growth.
