National tech sector recruitment and IT outsourcing specialist DP Connect is preparing for its next stage of growth following the completion of 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, from Founder, Toni Cocozza.
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 firms across the UK.
The business has enjoyed significant growth over recent years, forecasting turnover of £17m during its current financial year ending 30 June 2017.
Aidan joined DP Connect five years ago as an advisor to the board, subsequently becoming Managing Director.
In a 20-year career, Aiden has held senior roles within several 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, Aidan will work with DP Connect’s existing management team, with support from Toni in an advisory capacity, to further develop and upscale the business.
Aidan commented on his move to acquire the business: “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.”
Toni added: “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.”