Gravitas Recruitment Group Limited
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Gravitas Recruitment Group Limited - overview
Established
2010
Location
London, -, UK
Primary Industry
Internet
About
Gravitas Recruitment Group Limited is a recruitment firm that specializes in providing customized staffing solutions across technology, finance, and healthcare sectors, focusing on executive search and recruitment process outsourcing. Founded in 2010 by Daniel Wallis and Jonathan Ellerbeck, Gravitas Recruitment Group Limited operates from its headquarters in London, UK. The firm engages in recruitment services primarily for technology, finance, and healthcare industries. In October 2019, Alcuin Capital Partners acquired a minority stake in the company, expanding its funding base.
Kurt Schreurs serves as the CEO, steering the firm's strategic direction. Gravitas Recruitment Group specializes in tailored recruitment solutions, offering services such as executive search, recruitment process outsourcing, and talent mapping. The firm addresses the pressing need for qualified personnel in competitive industries, facilitating optimal matches between clients and candidates. Gravitas serves a diverse clientele, including small to mid-sized enterprises, large corporations, and public sector organizations, with a focus on markets in North America, Europe, and parts of Asia.
In 2023, Gravitas Recruitment Group reported a revenue of USD 72. 17 mn and an EBITDA of USD 2. 97 mn. The company generates revenue through service fees for its recruitment processes and client partnerships, typically utilizing a B2B model that includes fees based on a percentage of placed candidates' first-year salaries and flat-rate fees for specific projects.
Gravitas Recruitment Group aims to enhance its service offerings and expand its market presence. The recent funding received in October 2019 from Alcuin Capital Partners will support the development of new products and services, though specific launch dates have not been disclosed. The firm plans to target new geographic regions for expansion, specifically focusing on increased engagement in North America and Asia by 2024.
Current Investors
Alcuin Capital Partners
Primary Industry
Internet
Sub Industries
Consulting Services, Recruitment/Executive Search, Web Applications, HR & Workforce Software
Website
www.gravitasrecruitmentgroup.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Gravitas Recruitment Group Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Gravitas Recruitment Group Limited | - |
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