Senior executive recruiter Directorbank has recorded record results for the past year.

Turnover increased by 40%, while operating profits were up 23% on last year.

The results follow the acquisition of non-executive recruitment firm Hanson Green.

Elizabeth Jackson, chief executive at Directorbank, said:  “We are two years ahead of the plans we set at our buy-out.  Private equity houses still have funds for the right deal – although taking longer to complete, there is a lot of innovation around to make deals work.  And Hanson Green’s FTSE clients have an ongoing need for non-executive directors who retire on a rotation basis.”

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