Interquest

InterQuest is an award winning specialist staffing and executive search business.

Risk Capital Partners backed the founder in 2001 with development capital to support the acquisition of a series of businesses.

Why we invested:

  • Opportunity to consolidate a fragmented IT recruitment sector at low multiples, following the bursting of the dot com bubble and the Y2K spend downturn
  • Backing a serial entrepreneur with a strong track record
  • Cyclical market was at its low ebb, expecting marked improvement

Outcome

We sold our shares in the business in December 2010 realising a return on our investment of 2.8x. Subsequently we backed the public to private transaction of the business in 2018, and are the major shareholder in the business alongside the founder.