We are delighted to announce the completion of a multi-million-pound investment deal with BGF, the UK and Ireland’s most active growth capital investor.
The partnership with BGF will support Harnham’s plans to scale further into the US and Europe as it seeks to accelerate the growth of both the Harnham and Rockborne brands to meet the growing demand for a high-quality, global Data & Analytics workforce.
Since our founding in 2006 by myself and David Farmer, Harnham has gone from strength to strength and is now a multi-national business with hubs all over the world including the UK (London), US (Phoenix, San Francisco, New York) and Germany (Berlin). We now employ more than 150 sales consultants and works with businesses from fast growth start-ups to large blue chips.
As part of the investment deal, Harnham welcomes Dave Rees to the team as a non-executive, independent director to the board. Dave formerly worked as Chief Revenue Officer for SThree, as part of the board as it grew the business to over £1billion in revenue.Dave will work with Harnham’s board to continue with the ambitious global growth plans for the Harnham recruitment business, as well as the build and scale of its new sub-brand company, Rockborne, which was launched in 2021.
Rockborne focuses on training, hiring, and placing junior Data & Analytics consultants across a range of blue-chip clients. With the global compound annual growth rate for the Data sector expected to grow by at least 30 per cent in the coming years, Harnham recognised a need to ensure skills gaps were plugged effectively and efficiently if the market is to cope. It is the first business of its kind to employ an Attract-Train-Deploy (ATD) model which has a key focus on ensuring candidates are not only qualification-ready but also business-ready, equipping them with the tailored skills required for the company and team they will be joining.
Harnham have experienced significant growth since our inception 16 years ago. During this time, the business has built a reputation as a true market leader in the field of D&A, thanks to our deep sector focus and expertise, the strength of our candidates, and the high quality of our service.
As we look ahead to the future, we are delighted to be partnering with BGF on the next stage of our growth journey. Their experience of scaling international businesses and the synergies of the investment team, made them the obvious choice to take us to the next level.
Rahul Satsangi, investor at BGF, said: “Harnham represents an exciting opportunity to support a rapidly scaling business with an international outlook and a clear growth strategy. Supported by BGF’s flexible approach to financing and our substantial knowledge of the labour models being used to address the demand for talent in the technology industry, we are pleased to have the opportunity to partner with the business. Under the experienced leadership of Simon Clarke and his team, alongside Harnham’s market-leading service provision, and the ever-growing demand for experienced D&A professionals, we are confident the business is on a clear path to success.”