DP Connect has been acquired in a management buyout. The company, which has its headquarters in Bromley, Kent with operations in Cambridge and Edinburgh, has been acquired by its current managing director, Aidan Anglin (pictured left) from its founder, Toni Cocozza (pictured right). Employing more than 150 direct employees and on-site contractors, DP Connect was founded in 1990 to provide high-quality IT recruitment solutions. It also provides technology services, including managed IT service solutions and outsourced IT support services to sectors across the UK. The business has enjoyed significant growth over recent years, forecasting turnover of £17m during its current financial year ending 30th June 2017. Anglin joined DP Connect five years ago as an advisor to the board, subsequently becoming managing director. In a 20-year career Anglin has held senior roles within a number of the UK’s major recruiters, particularly in the technology sector, including a role with a global corporate where he was responsible for a team of 400 consultants. Having completed the management buyout, Anglin will work with DP Connect’s existing management team, with support from Cocozza in an advisory capacity, to further develop and scale-up the business. Anglin was advised in the transaction by Newcastle-based Ryecroft Glenton Corporate Finance, led by partner Carl Swansbury and manager, Alex Simpson, who structured the management buyout and secured funding from Yorkshire Bank (North East) working with associate director, Daryl Peart and Ian Stephenson. Yorkshire Bank (North East) received legal advice from partner and head of banking, Louise Duffy, and corporate finance associate, Adam Rayner, at North East-based firm, Muckle LLP. The legal advisors to Anglin were Andrew Wright, senior partner, and solicitor Arran Brooker from Clarkson Wright & Jakes. Cocozza was advised by RSM with legal advice from ASB Law. Anglin said, “Toni has built a very successful company, which I am proud to have been part of for the past five years and will now build upon DP Connect’s strong position in the market to deliver further growth and a prosperous future. “We have established a strong niche in the tech sector for both recruitment and IT services, which has enabled the business to support a growing client base and work with a large cohort of talented technology professionals. I am really looking forward to working with my management team and our staff to take the business forward.” Cocozza commented, “Aidan has been a real asset to the business over the past five years and is the ideal person to help realise my succession plan for DP Connect. Under his guidance the business will continue to flourish and remain at the forefront of the evolving technology sector to ensure we deliver the highest quality services and candidates.” Swansbury added, “DP Connect is a very well established business that will have a secure and positive future under Aidan’s ownership. His track record in the IT and recruitment market is exceptional and along with his experience working within DP Connect he can ensure the company can go from strength to strength.” Peart stated, "Both DP Connect and Aidan are well known within the industry and we are proud to have provided our support to assist with this transaction. "We have no doubt Aidan will continue to take the company from strength-to-strength, utilising the skills and experience of the current team.” https://www.recruitment-international.co.uk/blog/2017/04/dp-connect-completes-mbo

8th March 2017 DP Connect attends the TechUK ‘Back to the Future – Women Returners in Tech conference’ held at FDM offices in SE1. DP Connect is keen to support this initiative having employed returners and flexible workers within our own business and also having encouraged our clients to do the same. Visit our careers page ‘Working for DP Connect’ for recent commentary from a Returner.

As part of our Responsible Business initiative, DP Connect supports a number of selected charities. I am pleased to announce that the team at DP Connect is taking part in a new fund raising event, starting Monday 17th October 2016 and lasting for 4 weeks.

From the comfort of our sales floor, and using an upright carbon exercise bike, we are planning to ride the length of the country from Land's End to John O'Groats - circa 837 miles / 1347 km.

Our chosen charity is Lennox Children's Cancer Fund, who undertake fantastic work in supporting the children and their families. We would really appreciate any contributions to this extremely worthwhile cause.

https://www.justgiving.com/fundraising/DP-Connect

We will keep you updated with our progress, so please do re-visit our page to see how the team are getting on!

Extremely proud to announce that we have been shortlisted in the IRP Awards for Best Back-Office Support Team and also Best Company to Work For! Congratulations to all those shortlisted. Wish us luck!

 

DP Connect has been shortlisted for Best Contractor Care in Recruiter’s 2016 Investing In Talent awards. We are extremely proud to have our commitment to our contractors and the quality of our service highlighted through this award programme. Thank you to Recruiter for recognising our achievements, and to our contractors and the dedicated team at DP Connect who are excellent ambassadors for our company. The award winner will be announced on 5th October. http://www.investingintalent.co.uk/2016-shortlist/

We are very pleased and proud to let you know that yesterday, at the AGM of the Recruitment & Employment Confederation, Aidan was elected a Non-Exec Director of the REC. This is an important role and one which we know he will fulfil with his usual gusto as he helps the REC to set its strategic direction on behalf of the UK recruitment industry that it governs. His appointment is worthy recognition of his achievements and contribution to the industry. We wish him every success.

DP Connect has always been very proud of our back office and support team, who often are the unsung heroes of the business.

Last night DP Connect was recognised with the Outstanding Back Office Support Award of the Year 2015 at the Recruitment International 2015 Awards.

"The judges were most impressed by the comments of our contractors and clients on the services they received"

Silvana, Kelly, Tia, Michelle, Thaya, Karina, Nathalie, Metin and Nicholas thank you for making our lives that little bit easier. Toni Cocozza CEO of DP Connect

More info http://www.recruitment-international.co.uk/news/the-recruitment-international-awards-2015-25356.htm