Name:Kin-Tec Industry/sector: Recruitment Date founded: 2008 The boss: Neil McCarthy Location: North West Latest turnover: £76.5m Three-year compound growth rate (%): 36.4 Latest EBITDA: £2.6m
At the time of the MBO, McCarthy suggested that he was particularly keen to expand the fast-growing business into the renewable energy sector as the demand for skilled workers in the industry remained strong, and was largely untapped when it came to recruitment firms offering such talent.
With that in mind, the company was formed with a purpose, according to its website, to supply technical staff and senior managers to the oil and gas, energy and utilities, pharmaceutical, rail and petrochemical industries. Kin-Tec has been going from strength tostrength each year, and has opened up a branch office in a different city across the globe at least each year.
It was named the fastest growing technical recruitment business in the UK for 2013, featured in the 2014 Greater Manchester Fastest 50, and made an appearance on the list once more in 2015.
The company now places engineers and other technical specialists for clients such as Shell and ExxonMobil. With offices across America, the Middle East, Africa and Australia, international sales reached £13.3m in 2013.
Its latest project has involved working with BG Group in its campaign to bring in field development personnel to Trinidad & Tobago.
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