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Dragon moves into Knowhill

Dragons’ Den star James Caan has completed what could prove to be his most significant investment to date through his leading UK staffing and real estate private equity firm Hamilton Bradshaw (HB). The transaction, initiated and overseen by Tristan Ramus, involves HB combining with the ongoing management team led by CEO Imraan Ladak, to acquire 90% of highly respected medical recruitment specialists DRC Group, based in Knowhill.

With DRC Group turnover currently exceeding £50m and 2010 forecasts over £80m, this deal will result in HB’s 41 company portfolio surpassing annual revenues of £500m.

“The healthcare sector has constant challenges that arise from a changing society, so it is fulfilling to engage with a firm that can deliver medical professionals to help serve on the frontlines of patient care. The healthcare sector is one of the most admired and respected in the world and is considered one of the top employment sectors in Europe with a multi billion pound annual spend” said James Caan, CEO of Hamilton Bradshaw, who will have a significant role as a board member of DRC. “We are excited and energised about the prospect of working with DRC, which has maintained an excellent reputation in the market. Working closely with DRC’s current management team, we feel strongly that we can help position the firm for substantial, mid-term growth.”

CEO Imraan Ladak confirmed that “This is a very exciting time for everyone at DRC and the timing could not have been better from a commercial, client or candidate care perspective. The NHS have placed a large amount of trust in us and we are certain that this partnership with HB will allow us to deliver in several new sectors whilst continuing to outperform within our core and established areas.”

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