JHP Group Listed as 33rd Fastest Growing Private Equity-Backed Company
JHP Group is pleased to announce its place on ‘The Sunday Times Deloitte Buyout Track 100’. This placing confirms JHP Group as one of the fastest growing private equity-backed companies, and one of just 14 listed for the business services sector. JHP Group has seen remarkable growth over the last couple of years, culminating in the management buy-out with investment partners, Lloyds Development Capital, in January 2010. Throughout 2010, the company has continued to go from strength to strength and recent appointments of a new Chief Operations Officer and Commercial Director at the end of the year have demonstrated JHP Group’s commitment to ensuring sustainable growth into the future, whilst upholding the company’s integral ethos of quality and excellence. Chief Executive, Jim Chambers, has led the business to increase profits from £4.4m in 2008 to £10.2m in 2010. JHP Group prides itself on sustainable growth through quality and has invested significantly in infrastructure, resources and staffing to enable it to successfully execute its growth strategy and fulfil its mission statement: “passionate about improving skills, raising aspirations and creating opportunities”. Last year, JHP Group supported over 50,000 individuals on its training and employment programmes and worked with over 6,000 businesses to develop their workforces. The JHP Academy operates highly successful e-learning programmes to deliver professional qualifications and the Group works with some of the UK’s most well known brand names to deliver workforce and business solutions. The company is also a Prime Contractor for the Department for Work and Pensions delivering the welfare-to-work agenda and one of the largest contractors for the Skills Funding Agency delivering training and skills for young people, adults and employers – affording the company the unique position of being the UK’s leading provider for integrated employment and skills solutions. Jim Chambers, CEO, comments: “We are very pleased with the progress of JHP Group and regard this recognition as testament to the staff and management team who have continued to achieve growth while maintaining business excellence over the last few years. Most importantly, this performance supports the important work which we are able to continue as a result of our growth strategy. More than ever, meaningful employment and skills acquisition have a pivotal role to play in helping individuals to improve their lives through social and economic participation and integration, while simultaneously supporting businesses to enhance productivity and performance. This in turn will increase UK Plc’s competitiveness in the global marketplace. We are unwavering in our commitment to achieving these agendas and we will continue to successfully deliver these very important objectives with our partners throughout 2011 and beyond.” 7th February 2011