H.I.G. Bayside Capital Europe (“Bayside”), the European special situations and capital solutions affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $65 billion of capital under management, is pleased to announce its financing of Oliver James (“Oliver James” or the “Company”), the rapidly growing international recruitment and talent solutions specialist. Bayside provided a £31m facility to refinance existing debt and finance the further growth of the Company.

Oliver James was founded in 2002 in Manchester, England by Oliver Castle and James Rogers, and is now a multi-award-winning recruitment and talent solutions specialist with 14 offices globally, focusing on specialist verticals. Since its inception, Oliver James has experienced significant organic growth driven by its sophisticated, tech-enabled operating model, knowledge of specialist markets, and focus on staff development and retention.

Bayside provided a bespoke, flexible financing solution to Oliver James that allows the Company to continue to invest in its business and drive ongoing development. The financing solution also includes undrawn facilities to support future growth.

Graeme Edwards, Chief Financial Officer at Oliver James, said: “We are delighted to partner with Bayside for the next phase of our growth and investment. The Bayside team excelled with their knowledge and flexibility and was able to tailor the financing to our needs.”

Florian Kawohl, Managing Director at Bayside, said: “Oliver Castle’s and James Rogers’ impressive approach, strategy, and execution have resulted in an outstanding recognition of their business in the marketplace. Our Capital Solutions loan allows us to refinance their existing debt and provide flexible funds to support the business in its next phase. We are looking forward to working with the team at Oliver James and supporting the continued growth of the business.”

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