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RECRUITERS - LIFE’S TOO SHORT TO BE AVERAGE...




...AND TWENTY
    IS ANYTHING BUT
RECRUITMENT GROUP




TWENTY RECRUITMENT IS THE WORLD’S FASTEST EXPANDING
INDEPENDENT RECRUITMENT BUSINESS

In January 2009 while the recruitment sector
was suffering from the effects of global
financial meltdown, we were rewriting
the rule book and setting up the next
generation of recruitment business.               From a standing start
                                                 in the very depth of the
                                                recession, we are profitable,
                                               have eleven business streams
                                              covering three industry sectors,
                                             a global client base and have
                                            launched a US operation in
                                           New York. We’ve gone from a UK
                                          start up to an industry defining
                                         global recruitment brand – a
                                        brand which is fast becoming the
                                       industry benchmark.
OUR BACKGROUND

Twenty was founded by industry experts Paul Marsden and Adrian Kinnersley who were
responsible for the rapid growth and sale, in a £17.5m management buyout at the top of the
market, of Astbury Marsden. They also had the foresight to recognise that January 2009 was
the bottom of the cycle and was therefore a perfect time to start a well funded business.
Why? Because competitors were disappearing, and set up costs were around a third of what
they would have been in 2007.




“
          One of the major benefits of having built and sold a     CURRENT
          recruitment business before is that we were able to      PRACTICE AREAS
work back from the exit point.While most start ups have all
                                                                   Europe
the pieces of the jigsaw puzzle, we also had the benefit of
knowing what the finished picture should look like.                FINANCIAL SERVICES
                                                                   I Finance
                             Another obvious benefit was that      I Technology
                             we had the funding – but also the     I Compliance

                             knowledge and experience not to       I Operations

                             be wasteful - and so our first move
                                                                   COMMERCE & INDUSTRY
                             was to take advantage of the          I Finance
                             downturn and make it work for us.     I Technology

                             We negotiated great deals on          I Risk

                             infrastructure and premises and
                                                                   PROFESSIONAL SERVICES
crucially were able to attract some real talent away from
                                                                   I Audit
organisations who were struggling to maintain morale.              I Advisory

                                                                   I Legal
We decided to build from the top down and so recruited a
number of very experienced business heads from major               TALENT OUTSOURCING
competitors in the financial services, commerce and industry       I Total outsourced recruitment

and professional services sectors. These are all outstanding         solution for SMEs

ambitious entrepreneurial people with extensive client




                                                    ”
                                                                   North America
and candidate networks who have subsequently
built their teams around them.                                     FINANCIAL SERVICES
                                          Adrian Kinnersley – MD   I Finance
OUR VALUES
LIFE’S SHORT

And far too short to be just
average. Twenty is about a real
drive to succeed, a fearless attitude
                                        BE ECLECTIC

                                        Twenty is an innovator and has
                                        created the next generation of
                                        recruitment businesses - a group
                                                                               CRYSTAL CLEAR

                                                                               For Twenty to succeed with our
                                                                               clients and candidates in a new
                                                                               market, we need people who not
to business and a belief that           of individually highly successful      only have a crystal clear vision of
success is about having fun as well     companies which will cover a diverse   the goals ahead, but also what is
as working smart.                       range of sectors, geographies and      needed to achieve those goals.
                                        levels - but which will have the       Open communication, clear
                                        collaborative power, support and       responsibilities and transparency are
                                        backing of one strong brand -Twenty.   the very bedrock of Twenty’s style.




“
          Recruitment is an industry where sometimes the egos of the founders can
          suffocate any attempt at creativity or originality – not at Twenty. We worked
very hard on our values and ensure that the whole team are the ones driving what




                                                                                                       ”
they actually mean. Every new joiner gets an opportunity to help shape our
business and a platform to gain a share in the business.
                                                                                               Paul Marsden – CEO



                      THE GOAL of the business is and always has been to be

an industry defining brand
             & the industry benchmark
in professional mid – senior level recruitment                     To us that’s not just an empty mission
across multiple sectors, disciplines and geographies.              statement – it’s a vision that we are turning
                                                                   into a reality. This is founded on the principal
                                                                   that the future of recruitment will be based
                                                                   upon professional market experts extracting
                                                                   and delivering talent and providing quality
                                                                   career advice to candidates NOT graduates
                                                                   surfing job boards and posting CV’s to portals.
THE PROOF
                             2010 turnover up    350%
                                  from £0.9m in 2009 to just shy of £4m in 2010




2010 net fee income up       250%
     from £0.6m in 2009 to £2.2m in 2010



                      2010 headcount up from       13 to32                       in 2011
                                                    we expect this to more than double


In 2010 we have made placements with       92 companies
                                           across Europe and the US



               We are on target to be in the   top three
                                               fastest growing companies in the UK



We are on target to be the   number one                        fastest growing,
                             profitable recruitment business in the UK


                             We are planning aggressive growth during 2011
                             and have forecasted a turnover of around £12 - 13m,
                             a net fee income of around £6 - £7m
                             and a sales headcount of around 65.
We’re interested in ambitious, hungry recruiters who are
         looking for more inspirational surroundings.

         Consultants who see recruitment as a profession, not a
         process, who will challenge - not merely facilitate.



WHO ARE WE LOOKING FOR?

                    Consultants with experience
                      - not just enthusiasm.

                  Consultants who are as career
                 focused as the people they place

                 Consultants who are imaginative,
                      self believing and fun

            Consultants who are comfortable with –
                   and actively seek change

          Consultants with impressive personal billings
               in a professional services sector
CASE STUDIES

                                       Oliver Gibbons Director: Commerce and Industry - Technology


                                       “Twenty turned my head with an opportunity that enabled me to live a
                                       professional goal; learn and develop the fundamental business skills to start
                                       and grow a successful recruitment business from scratch whilst working
                                       alongside talented, experienced people who share a common goal.
                                       Whilst I was not looking to leave initially, I have never had a single regret.
                                       The team we have built is much stronger that I have ever experienced –
                                       bringing the best out of each other and the management team .     ”


Thea Richardson Senior Consultant: Commerce and Industry - Risk


“Twenty was the obvious move to make at a time when I felt my personal
development was being stifled in a business, that although a key player in
the market place with a reputable brand name, had realised its potential
and left little scope to make your mark.

The proposition of a business that fostered a ‘new’ approach to recruitment,
with the scope to branch out from the ‘norm’ and a core value of ‘Crystal
clear’ afforded me the opportunity to further develop my career whilst
learning first-hand how to successfully establish and grow a business in a
                         ”
challenging market place .

                                       Edward Ekins Managing Consultant: Financial Services - Technology


                                       “I joined Twenty to fulfil a desire to be part of a growing recruitment
                                       organisation with a culture that promotes autonomy and has a clear
                                       blueprint for the future. I also wanted to join a Technology division where
                                       I would be working alongside Consultants with many years of success in
                                                                                    ”
                                       recruitment as opposed to junior level staff .
CASE STUDIES

                                       Ogetay Akman Associate Director: Professional Services - Head of Legal


                                       “There were two pivotal factors in me joining Twenty and they became
                                       evident to me very early on in the interview process. Firstly, they knew
                                       exactly what they wanted to achieve by creating Twenty, and refreshingly,
                                       an even clearer approach as to how they were going to achieve it.There
                                       was no confusing narrative when explaining the model, and no hesitation
                                       from any of the Directors when they explained how they were rolling
                                       out the model to their respective market. Having been in the world of
                                       recruitment for over 10 years often you find companies who have great
                                       ideas but no execution plan,Twenty stood out as being a firm that knew
                                       exactly who they were, what they wanted to achieve and how they
                                       would do it.

                                       Secondly – the people. I was pretty clear in my mind having met the
                                       respective business heads who clearly knew every nuance of their market
                                       and had the necessary gravitas to create a new proposition in a tired
                                                                                               ”
                                       market, that I wanted to be part of this innovative team .



Greg Cook Director: Global COO


“Having completed a variety of roles in larger recruitment companies
I was looking for a new challenge that would broaden my experience rather
than narrow it by specialising, and compensate me well for it along the way.

I soon narrowed my choices down to companies like Twenty that had
roles and growth plans that fitted.The final selection between them was
based on culture and belief - Twenty won convincingly in terms of the
                                                                      ”
team, their drive, ability, track record and funding to achieve the plan .
CASE STUDIES

                                       Nick Careless Director: New York


                                       “The appeal of twenty lies in the opportunity to build and shape a
                                       successful recruitment business and to be able to participate in its success.
                                       Having managed successful international recruitment businesses for others,
                                       the opportunity to leverage this experience and take ownership of my
                                       own business made perfect sense.The common denominator at twenty is
                                       quality - the consultants are focused professionals with a good handle on
                                       their respective markets and the management team are highly credible
                                       and 100% engaged in supporting their consultants .   ”

Michelle Myers Senior Consultant: Financial Services - Compliance


“Basically, I joined based on the calibre of the people I’d be working with
plus the values that really resonated with me and are clearly at the core
of everything that Twenty does. I felt Twenty was truly unique encompassing
flexibility/eclectic working styles/opportunity to learn from others, grow,
improve my own recruitment styles and methods, see the company grow
from start up to a major business and gain some equity. It didn’t seem like
                                                                         ”
the easiest choice but was definitely the most challenging and compelling .




                                       Alistair Lind Consultant: Professional Services - Audit


                                       “I joined Twenty Recruitment because the vision for the business appealed
                                       to my long term career aspirations and I haven’t been disappointed.
                                       Joining a fast growing business that will give me realistic career progression
                                       opportunities and working with like minded individuals has been the best
                                                                    ”
                                       decision of my career so far .
OUR CULTURE provides a genuine platform for achievement to motivated recruiters, without
the politics found within many of our competitors.This is an outstanding opportunity to be part
of a business that has already achieved the first part of its growth plan and is set to become a
dominant global recruitment brand. While we disrupt the market and upset the status quo, we
have seen our competition either struggle and/or disappear through ‘credit crunch hangovers’.

      THERE IS NO OTHER recruitment business that has the
      private funding available to facilitate aggressive               WHAT CAN WE OFFER?
      expansion, but which is also profitable in its own right.
                                                                     Obviously we offer market leading
                                    THERE IS NO OTHER                 compensation packages – we are
                                    recruitment business that has   willing to pay the best to get the best!
                                    our depth of experience.
 THERE IS NO OTHER recruitment                                      But the real opportunity is the fact that
 business that has grown as fast as we have.                          you’ll be joining in the next phase of
                                                                     our growth plan – a plan that will give
                                                                     you the opportunity to help shape our
                                                                        global business and to learn about
                                                                    building a dominant global brand.There
                 OUR MODEL of focusing solely on experienced,       is also the possibility of securing a piece
                 credible, mature and professional recruiters is       of the action through share options.
                 unique for a business growing at our pace.
                                                                      iPhone synced to all systems
                                                                                       •
                                                                                  Pension
                                                                                       •
                                                                              Life insurance
                                                                                       •
                                                                        Private medical insurance
                                                                                       •
     THERE IS NO OTHER business that ensures it is                       Critical illness insurance
     crystal clear to everyone how you progress and                                    •
                                                                    Partner critical illness insurance
     how you achieve a share in the business.                                          •
                                                                             Health cash plan
                                                                                       •
                                                                             Travel insurance
                                                                                       •
                                                                             Dental insurance
                                                                                       •
                                                                           Childcare vouchers
                                                                                       •
                                                                               Bike to work
                                                                                       •
                                                                    Quarterly, half yearly and annual
THERE IS NO OTHER recruitment business that will teach you all      parties/overseas trips/lunches etc
you need to know to run your own successful recruitment                                •
company as you progress through your career.                          Discount gym memberships

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Twenty Recruitment Brochure

  • 1. RECRUITERS - LIFE’S TOO SHORT TO BE AVERAGE... ...AND TWENTY IS ANYTHING BUT
  • 2. RECRUITMENT GROUP TWENTY RECRUITMENT IS THE WORLD’S FASTEST EXPANDING INDEPENDENT RECRUITMENT BUSINESS In January 2009 while the recruitment sector was suffering from the effects of global financial meltdown, we were rewriting the rule book and setting up the next generation of recruitment business. From a standing start in the very depth of the recession, we are profitable, have eleven business streams covering three industry sectors, a global client base and have launched a US operation in New York. We’ve gone from a UK start up to an industry defining global recruitment brand – a brand which is fast becoming the industry benchmark.
  • 3. OUR BACKGROUND Twenty was founded by industry experts Paul Marsden and Adrian Kinnersley who were responsible for the rapid growth and sale, in a £17.5m management buyout at the top of the market, of Astbury Marsden. They also had the foresight to recognise that January 2009 was the bottom of the cycle and was therefore a perfect time to start a well funded business. Why? Because competitors were disappearing, and set up costs were around a third of what they would have been in 2007. “ One of the major benefits of having built and sold a CURRENT recruitment business before is that we were able to PRACTICE AREAS work back from the exit point.While most start ups have all Europe the pieces of the jigsaw puzzle, we also had the benefit of knowing what the finished picture should look like. FINANCIAL SERVICES I Finance Another obvious benefit was that I Technology we had the funding – but also the I Compliance knowledge and experience not to I Operations be wasteful - and so our first move COMMERCE & INDUSTRY was to take advantage of the I Finance downturn and make it work for us. I Technology We negotiated great deals on I Risk infrastructure and premises and PROFESSIONAL SERVICES crucially were able to attract some real talent away from I Audit organisations who were struggling to maintain morale. I Advisory I Legal We decided to build from the top down and so recruited a number of very experienced business heads from major TALENT OUTSOURCING competitors in the financial services, commerce and industry I Total outsourced recruitment and professional services sectors. These are all outstanding solution for SMEs ambitious entrepreneurial people with extensive client ” North America and candidate networks who have subsequently built their teams around them. FINANCIAL SERVICES Adrian Kinnersley – MD I Finance
  • 4. OUR VALUES LIFE’S SHORT And far too short to be just average. Twenty is about a real drive to succeed, a fearless attitude BE ECLECTIC Twenty is an innovator and has created the next generation of recruitment businesses - a group CRYSTAL CLEAR For Twenty to succeed with our clients and candidates in a new market, we need people who not to business and a belief that of individually highly successful only have a crystal clear vision of success is about having fun as well companies which will cover a diverse the goals ahead, but also what is as working smart. range of sectors, geographies and needed to achieve those goals. levels - but which will have the Open communication, clear collaborative power, support and responsibilities and transparency are backing of one strong brand -Twenty. the very bedrock of Twenty’s style. “ Recruitment is an industry where sometimes the egos of the founders can suffocate any attempt at creativity or originality – not at Twenty. We worked very hard on our values and ensure that the whole team are the ones driving what ” they actually mean. Every new joiner gets an opportunity to help shape our business and a platform to gain a share in the business. Paul Marsden – CEO THE GOAL of the business is and always has been to be an industry defining brand & the industry benchmark in professional mid – senior level recruitment To us that’s not just an empty mission across multiple sectors, disciplines and geographies. statement – it’s a vision that we are turning into a reality. This is founded on the principal that the future of recruitment will be based upon professional market experts extracting and delivering talent and providing quality career advice to candidates NOT graduates surfing job boards and posting CV’s to portals.
  • 5. THE PROOF 2010 turnover up 350% from £0.9m in 2009 to just shy of £4m in 2010 2010 net fee income up 250% from £0.6m in 2009 to £2.2m in 2010 2010 headcount up from 13 to32 in 2011 we expect this to more than double In 2010 we have made placements with 92 companies across Europe and the US We are on target to be in the top three fastest growing companies in the UK We are on target to be the number one fastest growing, profitable recruitment business in the UK We are planning aggressive growth during 2011 and have forecasted a turnover of around £12 - 13m, a net fee income of around £6 - £7m and a sales headcount of around 65.
  • 6. We’re interested in ambitious, hungry recruiters who are looking for more inspirational surroundings. Consultants who see recruitment as a profession, not a process, who will challenge - not merely facilitate. WHO ARE WE LOOKING FOR? Consultants with experience - not just enthusiasm. Consultants who are as career focused as the people they place Consultants who are imaginative, self believing and fun Consultants who are comfortable with – and actively seek change Consultants with impressive personal billings in a professional services sector
  • 7. CASE STUDIES Oliver Gibbons Director: Commerce and Industry - Technology “Twenty turned my head with an opportunity that enabled me to live a professional goal; learn and develop the fundamental business skills to start and grow a successful recruitment business from scratch whilst working alongside talented, experienced people who share a common goal. Whilst I was not looking to leave initially, I have never had a single regret. The team we have built is much stronger that I have ever experienced – bringing the best out of each other and the management team . ” Thea Richardson Senior Consultant: Commerce and Industry - Risk “Twenty was the obvious move to make at a time when I felt my personal development was being stifled in a business, that although a key player in the market place with a reputable brand name, had realised its potential and left little scope to make your mark. The proposition of a business that fostered a ‘new’ approach to recruitment, with the scope to branch out from the ‘norm’ and a core value of ‘Crystal clear’ afforded me the opportunity to further develop my career whilst learning first-hand how to successfully establish and grow a business in a ” challenging market place . Edward Ekins Managing Consultant: Financial Services - Technology “I joined Twenty to fulfil a desire to be part of a growing recruitment organisation with a culture that promotes autonomy and has a clear blueprint for the future. I also wanted to join a Technology division where I would be working alongside Consultants with many years of success in ” recruitment as opposed to junior level staff .
  • 8. CASE STUDIES Ogetay Akman Associate Director: Professional Services - Head of Legal “There were two pivotal factors in me joining Twenty and they became evident to me very early on in the interview process. Firstly, they knew exactly what they wanted to achieve by creating Twenty, and refreshingly, an even clearer approach as to how they were going to achieve it.There was no confusing narrative when explaining the model, and no hesitation from any of the Directors when they explained how they were rolling out the model to their respective market. Having been in the world of recruitment for over 10 years often you find companies who have great ideas but no execution plan,Twenty stood out as being a firm that knew exactly who they were, what they wanted to achieve and how they would do it. Secondly – the people. I was pretty clear in my mind having met the respective business heads who clearly knew every nuance of their market and had the necessary gravitas to create a new proposition in a tired ” market, that I wanted to be part of this innovative team . Greg Cook Director: Global COO “Having completed a variety of roles in larger recruitment companies I was looking for a new challenge that would broaden my experience rather than narrow it by specialising, and compensate me well for it along the way. I soon narrowed my choices down to companies like Twenty that had roles and growth plans that fitted.The final selection between them was based on culture and belief - Twenty won convincingly in terms of the ” team, their drive, ability, track record and funding to achieve the plan .
  • 9. CASE STUDIES Nick Careless Director: New York “The appeal of twenty lies in the opportunity to build and shape a successful recruitment business and to be able to participate in its success. Having managed successful international recruitment businesses for others, the opportunity to leverage this experience and take ownership of my own business made perfect sense.The common denominator at twenty is quality - the consultants are focused professionals with a good handle on their respective markets and the management team are highly credible and 100% engaged in supporting their consultants . ” Michelle Myers Senior Consultant: Financial Services - Compliance “Basically, I joined based on the calibre of the people I’d be working with plus the values that really resonated with me and are clearly at the core of everything that Twenty does. I felt Twenty was truly unique encompassing flexibility/eclectic working styles/opportunity to learn from others, grow, improve my own recruitment styles and methods, see the company grow from start up to a major business and gain some equity. It didn’t seem like ” the easiest choice but was definitely the most challenging and compelling . Alistair Lind Consultant: Professional Services - Audit “I joined Twenty Recruitment because the vision for the business appealed to my long term career aspirations and I haven’t been disappointed. Joining a fast growing business that will give me realistic career progression opportunities and working with like minded individuals has been the best ” decision of my career so far .
  • 10. OUR CULTURE provides a genuine platform for achievement to motivated recruiters, without the politics found within many of our competitors.This is an outstanding opportunity to be part of a business that has already achieved the first part of its growth plan and is set to become a dominant global recruitment brand. While we disrupt the market and upset the status quo, we have seen our competition either struggle and/or disappear through ‘credit crunch hangovers’. THERE IS NO OTHER recruitment business that has the private funding available to facilitate aggressive WHAT CAN WE OFFER? expansion, but which is also profitable in its own right. Obviously we offer market leading THERE IS NO OTHER compensation packages – we are recruitment business that has willing to pay the best to get the best! our depth of experience. THERE IS NO OTHER recruitment But the real opportunity is the fact that business that has grown as fast as we have. you’ll be joining in the next phase of our growth plan – a plan that will give you the opportunity to help shape our global business and to learn about building a dominant global brand.There OUR MODEL of focusing solely on experienced, is also the possibility of securing a piece credible, mature and professional recruiters is of the action through share options. unique for a business growing at our pace. iPhone synced to all systems • Pension • Life insurance • Private medical insurance • THERE IS NO OTHER business that ensures it is Critical illness insurance crystal clear to everyone how you progress and • Partner critical illness insurance how you achieve a share in the business. • Health cash plan • Travel insurance • Dental insurance • Childcare vouchers • Bike to work • Quarterly, half yearly and annual THERE IS NO OTHER recruitment business that will teach you all parties/overseas trips/lunches etc you need to know to run your own successful recruitment • company as you progress through your career. Discount gym memberships