Strategic partnership
In July 2018, Career International (CI), who listed in mid-2017 on the Shenzhen stock exchange, announced a strategic partnership with Investigo Ltd with the purchase of 52.5% of the company’s shares. The acquisition of a controlling interest is CI’s first significant investment since last year’s listing and increases the group’s headcount to c1800 staff.
CI was established in 1996 by Wallace Gao and 3 other partners and now has a network of 86 offices working out of 7 countries in China and South-East Asia. The investment in Investigo is the group’s first acquisition in the west.
Investigo’s CEO Nick Baxter joined the company in 2006 and has seen the company evolve and strengthen in so many ways. “Our new and exciting 2022 business strategy will strengthen Investigo’s position as one of the leading specialist contingent recruiters in the UK. It will enable our people to continue developing their careers, be rewarded for their success and be known as experts in their markets. We are excited by what the future holds because culture, people and focus will continue to be at the heart of everything we do. As well as focusing on organic growth, our plan to open in new locations and new niche markets is supported by a market-leading LTIP which is designed to attract entrepreneurially-minded individuals who believe they can create real value within a 5-year time frame. If you back yourself and believe you can make a difference, we’d love to hear from you.”
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