{"id":2169546,"date":"2026-03-23T17:32:41","date_gmt":"2026-03-23T17:32:41","guid":{"rendered":"https:\/\/www.thebusinessdesk.com\/northwest\/?p=2169546"},"modified":"2026-03-23T17:32:41","modified_gmt":"2026-03-23T17:32:41","slug":"recruiter-tbc-rescued-from-precipice-by-acquisitive-meraki-capital","status":"publish","type":"post","link":"https:\/\/www.thebusinessdesk.com\/northwest\/news\/2169546-recruiter-tbc-rescued-from-precipice-by-acquisitive-meraki-capital","title":{"rendered":"Recruiter TBC rescued from precipice by acquisitive Meraki Capital"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Chester-based TBC Recruitment has been acquired by Meraki Capital as part of its ongoing acquisition strategy, which has seen it buy five companies in under three months.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TBC, trading as CSP and Vital People, will become part of the Magnus Search brand &#8211; the recruitment company acquired by Nick Gordon\u2019s Meraki Capital last year. Magnus is being developed through a series of strategic acquisitions and is led by MD Bradley Wood. This new deal will provide access to an \u00a38 million funding facility for the group.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TBC Recruitment specialises in blue-collar recruitment across sectors including warehousing, food production, logistics, distribution and basic manufacturing. The business has 31 members of staff and over 650 temporary workers across its client base.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In its most recent abbreviated accounts for the year ending December 2023 the business had assets of \u00a31.68m.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Nick Gordon, founder of Meraki Capital, said: \u201cAs with so many recruitment companies right now, the company has struggled to keep up with wage inflation, increased National Insurance costs and the broader rise in employment costs. This industry is at a precipice &#8211; these traditionally low-margin blue-collar recruiters are being hammered by this Government. But these great companies cannot just disappear, losing all these jobs with them.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWe see that TBC is fundamentally a strong business with a loyal client base and a highly experienced team. Bringing TBC under the Magnus brand allows us to provide the resources, technology and commercial support needed to help the business become profitable again and realise its full potential.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">TBC was founded and led by Jason Fox. He had already been planning a transition toward semi-retirement. That transition process will continue, with the existing management team remaining central to the business under Meraki Capital\u2019s ownership.<\/span><\/p>\n<p><span style=\"font-weight: 400\">He said: \u201cI\u2019m really very pleased and excited for TBC\u2019s next steps. We\u2019ve worked hard and grown into a wonderful team. But my time is now to move away for the new talent to take over. Nick has offered me a solution in order to continue the business under new ownership without my team being affected. It\u2019s an exciting future for them all, which I will watch from afar with great confidence and pride.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">The acquisition forms part of Meraki Capital\u2019s strategy to build a scaled recruitment platform through targeted acquisitions of established sector specialists, combining local expertise with the resources, infrastructure and technology needed to accelerate growth.<\/span><\/p>\n<div>Magnus Search is a blue-collar recruitment agency with operations across all major UK cities. Headquartered in Maidstone, the company services clients in warehousing, logistics and aviation. Magnus has always been tech driven, with the main focus on client delivery and satisfaction. The company counts some of the UK\u2019s best-known household names among its clients.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Chester-based blue collar recruiter has struggled with cost rises<\/p>\n","protected":false},"author":264565,"featured_media":2169548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,127684],"coauthors":[116163],"class_list":["post-2169546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-recruitment","tag-cheshire-and-warrington","tag-featured-story"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Recruiter TBC rescued from precipice by acquisitive Meraki Capital<\/title>\n<meta name=\"description\" content=\"Chester-based blue collar recruiter has struggled with cost rises\" \/>\n<meta name=\"robots\" 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