Shorterm Group
Specialist technical engineering recruitment and training company
Contributing Sustainable Development Goals
Background
Shorterm are a leading specialist technical engineering recruitment and training company, supporting a wide range of household names in the aviation, automotive, utilities and rail sectors in particular. They have developed a market leading quality service through innovation, flexibility and transparency to make them a trusted partner for its clients.
Based in London with 12 offices and 140 employees across the country, stretching from Doncaster to Southampton.
We backed an experienced senior team supported by a high calibre second tier team, further strengthened by the introduction of a Chairman from our network.
Our investment partnership
Shorterm have a history of strong, high margin revenue growth and excellent cash generation. They have developed a strongly differentiated position with a small share of a very large market, with excellent customer feedback, and a proven ability to grow its share.
Strategic support through our Growth Toolkit
Since our investment we have closely supported Steve Gallucci and Patrick Keenan and their team with numerous strategic growth initiatives, leveraging our Growth Toolkit and Network:
Accelerating Growth
Commercial
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Strategic Marketing - Enhancing social media and web presence as a tool for bringing in candidates, as well as customers
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M&A - GCP provided an acquisition facility to accelerate growth
- Bolt on acquisitions to break into new sectors including training for water utilities, installation of smart meters and EV charging points
People & Organisation
Leadership
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Senior Team - Introduced a Chairman with long experience in the sector to help shape and deliver the strategy
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Org Structure - Developed the wider senior leadership team to provide bandwidth for growth
Platform for Success
Finance and Operations
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Finance Function - Enabled wider equity participation across the business
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Operating Systems - Development of KPI’s and forward indicators
Delivering the Best Outcome
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Maximising Value Through Process - Supported the tender for a record 5-year contract with the largest customer