FGI Provides Darwin Professional Staffing Group Limited with a €5,500,000 facility
“The challenge for Darwin was to find an A/R funder who could provide one facility across all our diverse international entities and support our growth. Additionally, a key focus for us was establishing a strong relationship and clear lines of communication with our new funder. FGI understood and responded to all those requirements. Darwin is looking forward to taking our business to the next level with FGI as our funding partner.”
Darwin Professional Staffing Group (“Darwin”) is a dynamic IT Recruitment group which has seen tremendous growth since its formation in 2001. The group specializes in providing data and digital specialists into industry sectors such as automotive, logistics, e-commerce, financial, and insurance. Headquartered in the UK, Darwin has responded to the rise in global demand for its services through its operations in Germany, Netherlands, Switzerland, Scandinavia, and the US. This is a genuinely cross border business, which is reflected in the energy and vision of its personnel and relationships with its clients.
Darwin had worked with a traditional line of credit through a major bank; however, as the business became increasingly cross-border in its focus and structure, it needed a lender who could provide consistent availability across all jurisdictions under one facility and could quickly respond to the demands of this fast-paced business. In this case, FGI was a perfect partner.
FGI routinely provides cross border facilities to growing mid-market companies with multiple legal entities and intricate structures. More importantly, FGI is able to offer a bespoke level of service and support to address Darwin’s strategic requirements, which included the buyout of an equity partner. FGI looks forward to seeing the Darwin business grow even further in the international arena over the coming years.