157-197 Buckingham Palace Rd.
London, SW1W 9SP
405 Lexington Avenue,
New York City, NY 10174
Every great story needs a beginning and, for us, that was April 2017 when Tempting Ventures opened its first London office and announced a minority investment from Hydrogen Group.
We launched our first brand, Tempting Talent, which focuses on the US Recruitment to Recruitment market.
We invested in our second business, RO. As a start-up, RO began with a laser-like focus on the US Solar industry.
After two successful start-up launches, we shifted strategy and supported a management buyout of UK-based Uniting Ambition which are specialists in the UK tech sector. We helped Management to restructure and narrow the focus of the business, increasing profitability and presence across defined technology verticals.
A month of exciting growth. We reported the Portfolio's first month's consolidated profit. Tempting Ventures, Tempting Talent and RO moved HQ to a larger office space in Eccleston Square, Victoria.
We launched Uniting Cloud, specialists in technical recruitment across specific verticals within Cloud technology. Based in the UK and covering the UK market, Uniting Cloud leveraged our network of UK offices and talent acquisition function to ramp up headcount quickly.
For the first time, the Portfolio achieves £100k EBIT in a month.
Tempting Ventures achieves $4.75M NFI
We invested in Eastward Partners, an established Executive Search Firm in New York.
We launched Uniting Enterprise. A specialist recruitment business operating in the German market delivering SAP, HRIT and Workday professionals to global Enterprise clients.
Our Portfolio finished the second full year of trading with a headcount of 70, $27.5M sales, $7.5M NFI and $750,000 EBITDA
After massive success and growth within US Solar, RO expanded into other niche verticals across Clean Energy & Infrastructure within the US.
Tempting Talent opened an office in New York to support their growing client base and hiring demands from within the Portfolio.
MARCH - DECEMBER
As Covid-19 hit global markets, we collated all the expertise within the Portfolio and adapted our processes, technology and marketing behaviours to ensure we could still maintain our high levels of delivery to clients and candidates. After weathering the storm, we came out the other side a better business. We're super proud that across our Portfolio we were able to maintain 90% headcount for this period.
Despite the odds, in 2020 the Portfolio delivered $7.1M NFI and matched 2019 EBITDA of $750,000
Tempting Ventures hire a specialist personal brand consultant and a PR & Comms Manager to drive effective content strategies for businesses within the Portfolio.
Ryan Cleland-Bogle was a keynote speaker at Hunt Scanlon's M&A Forum in New York.
Eastward Partners opened an office in Florida to support their growing Private Equity division.
Tempting Ventures finished the year with $30M in sales, $12M NFI and 250 contractors.
In conjunction with Tempting Talent and Hunt Scanlon, Tempting Ventures released the first extensive Compensation Report for the Staffing and Executive Search industry. Visit the Tempting Talent website to download your copy.
Tempting Ventures invests in Harba Solutions, an Indianapolis-based LifeScience staffing company that specializes in the niche scientific skill sets within BioTech, Pharmaceuticals, CRO, Diagnostics, Med Devices and Agriscience.
Uniting Enterprise, who recruit technical roles across SAP, HRIT and Workday, take their successful European business and expand into the US with a new team based in Palm Beach, Florida.
Tempting Ventures finished the year with $45M in sales, $20M NFI and $4M EBITDA.
The portfolio expands it's US technology reach by launching new business Goliath Partners, a trading & financial technology recruitment firm that delivers Software specialists into equities, options, fixed income and crypto based in Miami.
JOIN OUR JOURNEY
If you're interested in a confidential discussion about joining the Tempting Ventures Portfolio, contact us using the form below