Northstar Ventures has made its first investment in a fast-growing recruitment specialist.
Blair West combines a wealth of industry experience with sophisticated technology, and an effective approach to matching ambitious professionals with high growth businesses.
With bases in both Newcastle and London, the company has a strong track record of managing successful recruitment campaigns in the UK and overseas. Rather than reinventing the wheel, Blair West understands and imparts clients’ stories in a meaningful way with integrity and a sound knowledge of their sector, operating mainly in venture capital and private equity.
The investment from Northstar will be used to underpin plans to reposition Blair West as an executive search and finance recruitment business and to expand the team further and continue to invest in technology to improve our service offering. Blair West deals with high-profile roles in aspiring organisations looking to scale with the aim of helping to build teams and meet needs generated by demanding environments.
If Blair West’s impressive roster of clients is anything to go by, it should be a good indicator of things to come.
The funding round was led by the North East Innovation Fund supported by the European Regional Development Fund and managed by Northstar Ventures.
David Blair, CEO at Blair West, said: “Northstar were one of our first clients when we established the business five and a half years ago and have been a loyal customer ever since, so we’re very much looking forward to working with them in a different context. We’re proud of the growth that we’ve achieved over the past five years, which has only been possible because we’ve consistently invested in our people and in our infrastructure. The investment from Northstar will enable us to continue making those investments, strengthening our proposition to our high-growth clients.”
Naomi Allen Seales, Investment Manager at Northstar Ventures, said: “We are really pleased to make our first investment into Blair West. We have dealt with them for a while now and we have a lot of confidence in the way they operate. We know that they have exciting plans which we are sure they will execute very well, and we will be watching their progress with interest and supporting their endeavours all the way.”