Staffline was founded in 1986 as a regional high street recruitment agency, specialising in blue-collar employment.
We invested to support the growth of the company but the sector was commoditised, and soon after we invested in 2000, supply and demand shifted, putting Staffline and its competitors in a precarious position. We’d already brought in Andy Hogarth as Finance Director, and we’d been working closely with him and his management team to stabilise the business, so when Andy outlined his vision for the business, we were completely behind him. In just four years, Staffline had transformed from a regional temporary staff supplier into a national business. Andy Hogarth had successfully turned his vision into reality with our help, and he went on the become managing director and then CEO of the business.
Andy Hogarth backed a plan to build a differentiated business in a commoditised sector. We backed him, though the early period was fraught with difficulties. Staffline remains one of the most rewarding moments of my career and we remain one of the largest shareholders today, continuing to back Andy’s strategy.
I knew we needed to make radical changes. Livingbridge backed me, and together we turned around the fortunes of the business.