Friday, November 13, 2015

News: Stafforce to launch as Nicholas Associates Group

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Rotherham industrial and commercial recruiter Stafforce Recruitment has appointed Lisa Gainsford as CEO as it heads towards a £200m turnover within five years.

Since joining the business in April 2015 in an interim role, Gainsford has worked with the executive team to formulate a strategic growth plan. This will see the launch of The Nicholas Associates Group in January 2016. The new strategy is set to reveal a vision for the firm which "breaks away from the traditional recruitment mould and offers talent management solutions from apprentice through to boardroom level."

The Nicholas Associates Group's vision is to become the market-leading partner of choice for talent management solutions. The group will bring together Stafforce Recruitment, Nicholas Associates and Apprentice Employment Agency brands, complemented by a number of other specialist offerings including graduate placement, consultancy and software. It will offer candidates an experienced partner for their entire career journey and clients, a holistic solution for candidate attraction, development and retention across every area of their business.

On taking her new role, Gainsford (pictured) said: "I was bowled over by the ethics of the company and the people in it, who are talented, committed and passionate. The opportunity to join the Group as CEO and lead the Company on this journey will be challenging but immensely rewarding."

Nick Cragg, founder and group executive chairman of Nicholas Associates Group, added: "It became clear very early on that Lisa was the right person to lead the change. She has an excellent pedigree and reputation in the industry. Under her stewardship, along with the rest of the executive team, I'm confident we are in safe but very dynamic hands."

The group has recently acquired XL Graduate Placement, a Newcastle based company providing temporary and permanent graduate recruitment services for an undisclosed sum.

XL Graduate Placement has delivered incredible growth achieving a seven-figure revenue stream since its inception in 2011 and boasts a growing number of SME and FTSE clients across the UK. The vendors will remain as consultants and believe that becoming part of the Nicholas Associates Group will "turbo charge XL's growth plans."

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On the deal, which was brokered by Squire Patton Boggs and Benchmark Corporate, Gainsford said: "We are very excited about XL joining our Group and it demonstrates our commitment to empowering young people and supporting their career journey from the start. It fits perfectly with our Apprentice Employment Agency and our software business, which, through its All Together platform enables almost 50% of the UK's 16-18 year olds to access work experience placements as well as supporting a number universities in managing student work placements."

Headquartered in Rotherham town centre, the company now has 17 branches and 24 onsite operations stretching from the north of Scotland to the south coast of England. In 2014 the company recorded sales of £66m and is forecasting to grow that to £81m in 2015, with similar growth rates predicted for subsequent years. The aim is to achieve a £200m turnover within five years.

As part of the ambitious five-year growth strategy, a far-reaching restructure of its senior management team was carried out earlier this year. Established in 1977 by local entrepreneur, Nick Cragg, the growth strategy also includes preparations for longer term succession.

Stafforce website

Images: Nicholas Associates

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