Raising capital

Jackson Hogg

Advisers to recruitment firm, Jackson Hogg, on its investment from NPIF-FW, Capital Debt Finance.

The deal

We’re pleased to have supported Jackson Hogg, a leading North East recruitment and outsourced HR business, to secure investment from NPIF-FW Capital Debt Finance.

Jackson Hogg has grown consistently since being established in 2012 and now employs over 110 people between its bases on Tyneside, Teesside and Leeds, with its team supporting clients across the world working in the science, technology, engineering and manufacturing industries. The business is looking to create hundreds of jobs in the North East in the next five years as it continues to see growing local, national and global demand for its specialist services to the STEM sector.

To support its growth plans, the business has secured a significant investment from NPIF-FW Capital Debt Finance which is managed by FW Capital and part of the Northern Powerhouse Investment Fund, as it pushes on with making its ambitions a reality.

Our Corporate Finance team, led by Partner Abu Ali supported Jackson Hogg in attracting and securing the growth funding.

Abu Ali, Partner at FRP Corporate Finance, said: “This is a business truly making waves around the world from its bases in the North East, and their long-term commitment to the region is evident through its ongoing investment and job creation here.

“Their track record of diversifying to meet the changing needs of clients shows exactly why Jackson Hogg has seen the growth it has, and with this investment, they are able to look to the next phase of global development with confidence.”

Helen Broadhead, Finance Director at Jackson Hogg, said: “Both the Newcastle team and FW Capital have been fantastic to work with and we’re so grateful for their support. This is the first time the business has taken any investment, but we felt this was a great fit and are very excited about the future.

“This area of the business has also been a key growth driver and will continue to be a key focus of Jackson Hogg over the coming years. While our plans are ambitious, I look back at what we’ve achieved so far and the growth we continue to see, and as a result I am very confident we can achieve our vision.”

Alexandra Gent, Senior Investment Executive at FW Capital, said: “Jackson Hogg have an excellent reputation in the North East and the growth they are seeing, particularly on Teesside, is outstanding. There is huge potential there, and in Leeds, for strong progress.

“The ethos of the business is central to its success, and the positive and committed culture runs from top to bottom. We’re very pleased to have been able to support Jackson Hogg and to help unlock its next phase of growth.”

Deal summary

Date:

October 2023

Sector:

Business services

Deal type:

Raising Capital

Deal size:

Undisclosed

This is a business truly making waves around the world from its bases in the North East, and their long-term commitment to the region is evident through its ongoing investment and job creation here. Abu Ali Corporate Finance

Related team

Abu Ali

Abu Ali

  • Partner
  • Corporate Finance
  • Newcastle Centre