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Stuart Gentle Publisher at Onrec

Record Profits Announced for James Caan Backed Professional <br>Recruiter, Eden Brown

Eden Brown announce record year-end results with a profit of 4.1 million

Eden Brown is proud to announce record year-end results with a profit of 4.1 million, which is a 100% growth on last year. These figures are as a result of its acquisition by, the James Caan backed, HB Human Capital (HBHC) in June 2007. Plus HBHC is now forecasting a further 86% growth and staggering profits of 7.8m by March 2009.

Led by MD Tristan Ramus, HBHC identified the award-winning recruitment consultancy due to its strong national presence, its excellent financial controls, high staff retention and its ethical presence within the industry.

The development of the Eden Brown Academy, the in-house recruitment and training programme for new recruits, has been a further contributing factor to the growth of the business. The acquisition has also led to an increase in profile for EB which has had the benefit of attracting more experienced staff from within the recruitment industry.

James Caan Chairman HBHC commented ìThe results for Eden Brown in the first year since the HBHC acquisition have far exceeded expectations. Forecasts are even more promising and as a board we will continue to push the business forward and look for further growth in new territories.î

Tristan Ramus, MD HBHC added ìWe have a robust infrastructure to tackle the markets next year with 7 new teams on board. There is still plenty of growth within the UK and we are looking to tap in to new areas that we have so far not touched.î

It has been a very fruitful year for HBHC, set up as a platform to buy and build one of the UK largest recruitment businesses in the technical and public sector markets, HBHC has recently acquired Resourcing Group. The deal is the second completed by HBHC within the first 12 months of its inception.

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