Triple win for Mentor
in barometer of fastest growing firms
The Sunday Times Buyout Track 100 league table has placed Mentor IMC Group 24th in the ranking of Britain’s top private equity-backed companies with the fastest-growing profits. The international oil and gas professional resourcing firm earned its position alongside heavyweight competition.
The listing follows hot on the heels of the leading resourcing specialist gaining sixth place in Recruiter magazine’s Fast 50 – a listing of the UK's fastest growing recruitment firms – and first place in 2009.
Mentor Chief Executive John Richards commented: “It’s a very significant achievement and a true capability statement to be listed as one of Britain's 100 fastest-growing companies in terms of profit, given the economic pressures in the last year. It builds on our success in last year’s Fast Track 100, where we ranked in the top 25 of the ‘ones to watch’ for sales growth. This, and being crowned the sixth fastest-growing professional resourcing firm by Recruiter magazine is a great reward for the team’s hard work, ingenuity and commitment to clients over a demanding twelve months.”
“This year has been hugely challenging. We’ve made some excellent inroads in terms of broadening our global reach, and undoubtedly our focus in servicing the world’s leading oil and gas companies has enabled us to hold our own against increasingly aggressive competition for new energy contracts. Our solid client relationships and dedication to anticipating what they need and fully preparing ourselves before they ask for it, pays dividends, even when the global recession is in full swing. I have no doubt this ethos will be a major factor in our ongoing success.”
Mentor’s upward growth accelerated following investment from institutional investors Iceni Capital in early 2008. The specialist investor in fast-growing business service firms took a significant stake in Mentor, helping sustain its strong track record for year-on-year growth supporting the company’s future expansion.
From its London HQ, Mentor manages a global network of offices in USA, Europe, Asia and Australia. In the coming year, the company plans to expand its operations, opening additional offices in response to continued global demand for highly skilled oil and gas industry professionals and ensuring support is in place to assist their clients deliver oil/gas & LNG projects worldwide.
The Sunday Times Buyout Track 100 was announced 7th February 2010