Leumi ABL supports innovative new recruitment business
Twenty Recruitment launched in January 2009, at the bottom of the downturn and
have already attracted some of the best recruiters away from many of the big
names in recruitment.
Set up by industry experts Paul Marsden and Adrian Kinnersley, Twenty
Recruitment is a professional multi sector recruitment consultancy dealing in
both temporary and permanent placements. Backed by a multi million pound
personal investment, Twenty has the funding, infrastructure, branding and drive
to support a 100+ headcount as soon as they can find the talent.
Paul and Adrian’s investment into Twenty Recruitment came from the proceeds of
the sale of their former business, Astbury Marsden, having called the top of
market perfectly. Seeing that the market was bottoming out, they knew it would
be a fantastic time to attract talent from well renowned but overstretched
recruitment organisations.
Leumi ABL is supporting Twenty’s aggressive growth strategy by providing a £750k
confidential invoice discounting facility to meet their working capital
requirements. Adrian Kinnersley, MD at Twenty Recruitment is positive about the
support from Leumi ABL: “Everything was very straightforward, the deal was
structured promptly and Kai Hunter was professional and affable throughout the
negotiations.”
Kai Hunter, Leumi ABL Regional Sales Manager, comments: “Twenty Recruitment
has established a strong brand within the recruitment industry from the very
beginning. With the economy in such a pronounced downturn there is much
potential growth in recruitment as the economy begins to recover and the team at
Twenty are extremely well placed to innovate and exploit that growth
successfully.”