Recruiter aims to lead way in logistics with MEIF II backing
The Logistics
Partnership supplies both temporary and permanent staff from its headquarters in
The
Logistics Partnership operates under two main brands. TLP focuses on driving
and operational staff while MVP recruits for senior management roles and offers
consultancy services such as psychometric testing and staff development plans.
The group also includes Broadreach, a division of TLP which was acquired in
2024 and services specialist sectors including marine and the built
environment.
The
business, which currently has a 40-strong team, has increased turnover by 58%
With a
track record stretching back over 40 years, the Logistics Partnership became a
standalone business in 2011 through a management buy-out and is currently led
by joint Managing Partners, Nick Hall-Palmer and Graeme Doyle.
Nick Hall-Palmer, Managing Partner, said: “We saw a gap in the
market for an independent business with the scale to cover all aspects of
recruitment process in the supply chain and logistics sector. The funding will
allow us to enhance our IT systems, broaden our client base and geographical
reach and establish the Logistics Partnership as the leading independent in the
sector.”
Ryan Cartwright of Frontier Development Capital added: “Nick and Graeme are experienced recruiters who understand
their market and have built a thriving business that has achieved strong growth
in the last few years. The funding will enable them to invest in people and
systems to continue the growth trajectory.”
David
Tindall, Senior Investment Manager at the British Business Bank, said: “The
Logistics Partnership’s management team has built a strong reputation within
the sector, supporting businesses with specialist staffing solutions across a
number of key locations demonstrating a clear vision for growth, underpinned by
investment in service development and geographic expansion.
“The
Midlands Engine Investment Fund II is designed to provide ambitious businesses
with the funding they need to scale, create jobs and strengthen regional
economies. We are pleased to support the business as it continues its growth
journey and works towards becoming the leading independent recruitment
partner.”
The
£400m Midlands Engine Investment Fund II covers the entire Midlands region and
provides equity investment up to £5m and debt finance from £25k to £2m to help
a range of small and medium sized businesses to start up, scale up or stay
ahead.
The purpose of the Midlands Engine Investment Fund II is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the Midlands. The Midlands Engine Investment Fund II will increase the supply and diversity of early-stage finance for smaller businesses in the Midlands, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.
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