March 30, 2020 @ 7:00 by Steven Hugill
A nursing and care staffing company has revealed growth plans after securing financial support.
Primary Care Recruitment aims to bolster its workforce following receipt of a six-figure funding package.
The Gosforth-based business said the cash will also help increase the number of permanent and temporary health and social care professionals it places with clients.
They added the funding will be deployed immediately to support the UK’s battle against the coronavirus outbreak.
The company was supported by RG Corporate Finance (RGCF) – led by partner and head of corporate finance Carl Swansbury – and James Clinghan, from business brokers TBP, to secure the cash backing.
Employing a team of 18 care industry specialists, Primary Care Recruitment works with clients such as the NHS and mental health hospitals.
It is also highly active in the private healthcare sector, supplying staff to GP surgeries and learning disability charities, and it additionally works with clients involved in elderly, dementia and social care.
Registered general nurse Joanne Wood [pictured on the right], who founded the business 28 years ago with husband Brad, said the funding will play a vital role in strengthening its offering.
She said: “We have built a robust and dynamic business, which can quickly respond to the complex, ever-changing needs of the healthcare industry.
“The support we have received from RGCF and TBP has been invaluable in helping us secure this funding, which will enable us to increase our workforce, but also the support we are able to give to our clients.
“This funding package will be integral to help us further scale the business, but also rapidly increase our operations to support the current coronavirus situation.”
RGCF’s Carl Swansbury added: “Primary Care Recruitment has a proven track record and an excellent reputation, playing a crucial role in supporting the vital health and social care sectors.
“We are proud to have worked with Joanne and her team to secure this funding to enable the further growth of Primary Care Recruitment and the services it provides to its clients.”
James Clinghan, director of TBP – Trusted Business Partner, said: “It’s always a pleasure working with Carl and the team at RGCF; Primary Care Recruitment had a large, slightly complex funding requirement and a tight timeframe for completion.
“We pulled together a very flexible, structured product that gave the business the funding required to achieve their short-term funding requirement and we are working closely with the shareholders to support their longer terms ambitions and goals.”