Amberjack secures £17.6m from LDC for management buy-out and growth initiatives.
LDC has invested £17.6m to support a management buy-out and accelerate technology development at the recruitment platform.
Amberjack provides specialist early careers recruitment services and proprietary cloud-based software to major corporate clients across the UK. The firm automates application processes and provides data-driven candidate selection tools.
Amberjack has secured £17.6m in equity funding from private equity firm LDC to back a management buy-out and drive expansion. The capital will be deployed to enhance the company software offerings and pursue complementary acquisitions.
Operating from Berkshire, the firm supports large scale recruitment programmes for blue chip clients including Unilever and GSK. The business has achieved steady annual growth of over 15 percent since inception.
The transaction sees LDC back the existing leadership team, with senior executives from the investor joining the board as part of the agreement.
From the founder
"Amberjack’s growth is testament to the fantastic service our teams provide to all of our clients and the increasing sophistication required in large recruitment campaigns and specifically for junior talent."
Cynthia Bostock
Chief Executive at Amberjack
Investor perspective
"Amberjack offers a market-leading proposition that enables companies to be more sophisticated with their Early Careers and high volume recruitment campaigns and attract, identify and hire the best talent for their business."
Chris Baker
Investment Director, LDC
Use of funds
- 01Continue product development
- 02Fund acquisitions