Resourcing recruitment
In May 2006 Graphite Capital led the £27 million management buy-out of TMP Worldwide, the UK’s largest recruitment advertising agency, from the company’s American parent, Monster Worldwide.
TMP provides clients with a wide range of resourcing solutions of which the design and management of recruitment advertising campaigns is the most important. Other services include response management, candidate assessment and graduate communications. The business has long-standing relationships with over 1,400 customers, including FTSE 100 companies, local councils and central government agencies. TMP employs almost 300 staff in seven offices throughout the UK and Ireland.
Since Graphite’s investment the senior management team has been strengthened significantly. The company has also made considerable investment in upgrading systems, facilities and office premises to increase productivity and improve client service.
In February 2011 TMP acquired the advertising and recruitment process outsourcing businesses of Tribal Resourcing, a competitor focused on public sector recruitment. This acquisition has further enhanced TMP’s profile in the public sector.
