Member Article

Barclays fund expansion plans for West Yorkshire recruitment firm

West Yorkshire-based business Transline Group today announced expansion plans with a move to new bankers and new funding solutions from Barclays.

One of the UK’s, Europe’s and Canada’s leading human resources organisations, the Transline Group is headquartered at Halifax Road, Brighouse with more than 100 offices across the UK and offices globally in Poland, Romania and Canada.

The group provide strategic and consistent management of temporary workforce and seamless recruitment of permanent staff. Founded in 1989 by join CEOs Paul Beasley and Jon Taylor, the Transline Group has become one of the UK’s fastest growing recruiters.

Paul Beasley and Jon Taylor, Joint CEOs, Transline Group said: “When we started Transline over 20 years ago, we were determined that we would stay at the cutting edge of the recruitment industry by deploying the very latest innovations and techniques.

“Since then, we have continually developed and introduced award-winning innovations that have led the field in many areas of staff recruitment and training. The time is right now to invest for the future and continue with our growth plans.

“Barclays has been able to provide a suite of banking products together with increased funding that will provide us with the flexibility to tender for new contracts and further develop the business.”

The Transline Group employs an average of 15,000 temporary staff and turnover for the current year is expected to reach £230million.

Alex Pryce, Barclays Relationship Director commented: “I have been working with Paul and Jon for some time now to see how we can support their growth and provide the facilities to take them to the next exciting chapter for the business. The business has seen global growth since its inception and with the new funding in place we’re looking forward to seeing that continue with their strategy that takes them into 2016 and beyond.”

Pinsent Masons were advisors for Barclays and Gunnercooke LLP acted for the Transline Group.

This was posted in Bdaily's Members' News section by Robert Beaumont .