Headhunter forming new supergroup
Atkinson may head for listing with new Taranata Group
Paul Atkinson: plans to expand (photo by Terry Murden)
Paul Atkinson, the headhunter and private equity investor, has revealed plans to create a recruitment ‘supergroup’ which may be floated on the stock market.
His four recruitment businesses will come together under the name Taranata Group with a plan to buy a further four brands and build turnover to £100 million by 2020.
Taranata Group comprises Head Resourcing, Head Medical, Atkinson Macleod and Change Recruitment which was bought out of administration this year. The group employs almost 150 and has revenue of £65m.
Each individual business is a specialist and will continue to operate independently.
Mr Atkinson, who also runs the investment firm Par Equity, said: “The creation of Taranata Group is the next big leap forward to achieve the grand vision of a recruitment supergroup.”
In an interview with Daily Business in May soon after acquiring Change, he said the group plans to use technology to build a competitive edge.
“It will become increasingly difficult for smaller firms to compete. Getting access to the big companies will become difficult for them. For that reason there will be consolidation in the business,” he said.