Harvey Nash Group plc
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Harvey Nash Group plc - overview
Established
1988
Location
London, -, UK
Primary Industry
Outsourcing
About
Harvey Nash Group plc is a recruitment and IT outsourcing firm that specializes in connecting organizations with skilled professionals, enhancing leadership capabilities, and providing solutions tailored to the evolving technological landscape. Founded in 1988 in London, UK, Harvey Nash Group plc offers recruitment and IT outsourcing services. The company has undergone significant changes, including a Public to Private transition in 2018 when DBAY Advisors acquired a majority stake for GBP 92 million. Harvey Nash operates globally, with offices across North America, Europe, and the Asia-Pacific region.
The company was co-founded by David Savage and Tom Crawford, with Benjamin Nash serving as CEO alongside executives Bev White, Christian Umbs, and Detlef Sander. The firm has successfully completed three major deals, with the latest occurring on August 7, 2018, which resulted in a total amount raised of GBP 92 million. Harvey Nash specializes in professional recruitment, IT outsourcing, and leadership services. Their core offerings include connecting businesses with skilled technology professionals, providing IT outsourcing solutions, and developing management capabilities tailored to client needs.
The firm caters to a diverse clientele, including multinational corporations and smaller enterprises, ensuring comprehensive support across various sectors in key markets like North America, Europe, and the Asia-Pacific region. For the most recent year, 2024, Harvey Nash reported a revenue of GBP 927. 30 mn and an EBITDA of GBP 30. 09 mn.
The company generates income primarily through service agreements, including recruitment fees and IT outsourcing contracts, structured around fixed-term arrangements with clients. In August 2018, Harvey Nash Group's acquisition by DBAY Advisors for GBP 92 million allowed the firm to focus on strategic growth initiatives. Moving forward, the company plans to enhance its service offerings in technology recruitment and IT outsourcing, while also targeting expansion into new geographic markets. Specific regions for this expansion have not been disclosed.
The funding will be utilized to support these strategic initiatives, ensuring Harvey Nash can adapt its services to meet the evolving needs of its clients.
Current Investors
DBAY Advisors
Primary Industry
Outsourcing
Sub Industries
Consulting Services, Recruitment/Executive Search, BPO Services, Financial Services
Website
www.harveynash.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Harvey Nash Group plc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Lattitude 36 | - | ||||||||
| Public to Private | Completed | Harvey Nash Group plc | - | ||||||||
| PIPE | Completed | Harvey Nash Group plc | - | ||||||||
| PIPE | Completed | Harvey Nash Group plc | - |
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