Transcript Hamilton Bradshaw * Investing in People with Passion

Andy Backhouse
Adam Fletcher
Introduction to Hamilton Bradshaw
What you need to know about us
Hamilton Bradshaw founded by James Caan is a leading mid-market private equity firm specialising in buyouts
and growth capital with a focus on recruitment and human capital markets.
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Hamilton Bradshaw was launched in 2004 by James Caan
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Focus on recruitment and staffing sector with diversification across the industry
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Reputation as the leading private equity house investing in recruitment businesses
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Portfolio of 23 specialist recruitment companies across a variety of sectors
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Combined group turnover in excess of £300 million per annum
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‘Entrepreneurial Investor’ culture
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HB Board members co-invest
Hamilton Bradshaw
Headquarters: Mayfair, London
Company Portfolio
Number of investments: 23
Investments made to date: 23
Number of offices: 25
Headcount: 37
No. of temps:4360
Group sales headcount: 454
No. of industry sectors: 28
Investing in People with Passion
Our Investment Criteria
We are looking to invest in strong management teams with a proven track record
Over the last 8 years Hamilton Bradshaw has made various investments in a broad range of recruitment sector
businesses. We look for companies with strong financials in each sub-sector of the industry and will consider
investment in companies that turnover up to £100m.
Key Investment Factors
HB is looking to invest up to £10m equity in businesses that can demonstrate the following:
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Strong management teams with a clear track record
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Operations in growing or opportunistic markets
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Scale and sustainability
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Good fundamental internal metrics
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A robust balance sheet and good overall governance
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Exit opportunity within the next 3 to 5 years
Investing in People with Passion
What We Do
How we work with our portfolio companies
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How We Do It
The Hamilton Bradshaw team
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Our Portfolio
Our businesses are active in a broad range of sectors
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Our Track Record
EBIT performance 2007 – 2013 (in £m)
Investing in People with Passion
Timothy James Consulting
An Introduction
Background
Scenario
Recovery
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Set up in 2003
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Exit at 50% shareholder
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Support the CEO
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2 Co-Founders
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Process and Finance
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Cavendish Corporate
Finance
Senior Appointment
Provider
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Shareholder tension
Accountability and
Visibility
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HQ in Bristol
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Infrastructure strain
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Hiring
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Opened in London 2010
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New Offices
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£17 million sales, £750k
EBIT
Capable CEO and SMT
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Rate of growth slowing
Joint Ventures and
Acquisitions
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Sound business
Investing in People with Passion
Timothy James Consulting
An Introduction
TJC Sales
TJC EBIT
Investing in People with Passion
Andrew Backhouse
An Introduction
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Andrew is the National Contracts Director for
Timothy James Consulting
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Joined in 2008
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Team of 40 staff
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Formerly Managing Director of Intelligent Staffing
Solutions.
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Prior to that Reed Technology and Computer
Futures
“Having a thorough understanding of the principles of recruitment and sales management in
general; ability to drive, motivate and manage teams, irrespective of taking on an existing
team or building from scratch".
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Pre deal
Timothy James Consulting
Why HB?
Changing
behaviour
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Expertise and focus
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Track record
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Team and personalities
- James
Growing
business
- Adam
- Deepak
- Tristan
Developing
people
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Deep pockets…
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Post Sign-up
Timothy James Consulting
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Formation of TJC board
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Accountability
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Reporting and transparency
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Ambition
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Self-awareness and development
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EBIT conversion
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New revenue channels
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Back office synergies
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Talent attraction
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Geographical expansion
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Personal wealth creation
Investing in People with Passion
Going forward
Timothy James Consulting
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Common goals
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Transparency
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One team
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Organic Growth
• £750k EBIT (2011)
• £1.25m EBIT (2012)
• £1.85m EBIT (2013f)
• £2.5m EBIT (2014f)
Investing in People with Passion
A True Partnership…
Investing in People with Passion