Andrew Skorupka, Taskmaster’s managing director, is staying on as both MD and a shareholder, a statement from IPE Ventures said. Taskmaster will continue to build its brand and run independently. 

Post-acquisition growth capital funding has been committed to facilitate further growth in Taskmaster. 

Taskmaster joins Omega Personnel, Technical Support Services Personnel and EMR Search and Selection within the IPE recruitment platform. 

The buy-side team was led by Adam Fletcher (pictured), group CEO of IPE Ventures, and Mark Keegan, IPE financial director, supported by Optima Corporate Finance, Ensors (due diligence) and Fladgate (legals). Sell-side professional advisers were BDO (Corporate Finance and Tax). 

The deal was part-funded by Investec Private Capital alongside an invoice discounting facility provided by Investec Capital Solutions. 

IPE Ventures is a London, Mayfair-based boutique private equity firm providing specialist investment funding to the staffing and payroll sectors. With over £200m of revenues under management, the company operates in the SME/Mid-Market segment, providing entrepreneurial capital and industry expertise to support management buy-outs, growth capital and equity release structures.

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