Human Capital: BGF’s investment in Harnham

Armstrong is pleased to have provided commercial due diligence (CDD) for BGF in support of its investment in Harnham, a leading Data & Analytics (D&A) recruitment specialist.

Founded in 2006 by Simon Clarke (Executive Chairman) and David Farmer (CEO), Harnham is a leader in the D&A recruitment market and places candidates in roles for companies ranging from startups to blue chip businesses. With over 150 consultants globally, Harnham’s core D&A recruitment specialisms span across Data Science, Marketing & Insight, Risk Analytics, Data & Technology and Digital Analytics.

In 2021, Harnham launched Rockborne, a new business line operating an Attract-Train-Deploy (ATD) model focused on training and deploying STEM graduates on long term D&A employment placements. Through bespoke training programmes, Rockborne’s academy equips junior candidates with the technical, business, and soft skills required to excel in their future D&A careers.

We conducted in-depth interviews with both clients and market experts to get a comprehensive view of the firm’s operations. Our work also included benchmarking key internal KPIs, and an in-depth analysis of both the D&A recruitment and ATD markets.

Rahul Satsangi at BGF said “Simon, Solomon and the wider Armstrong team delivered an insightful and comprehensive commercial report supporting our investment into Harnham. They carried out an in-depth market and client referencing programme leveraging their experience in the sector to provide clear commercial insights to support our investment hypothesis and Harnham’s growth plans. We thank the Armstrong team for all the work they put into the report and look forward to working with them again in the future.”

Please contact Simon Hemsley or Solomon Ishack to discuss Armstrong’s views on opportunities in recruitment in more detail;

Simon Hemsley, Partner

[email protected]

Email Simon

Solomon Ishack, Senior Consultant

[email protected]

Email Solomon