Recent growth in 11 Investments has seen employee numbers double from 45 to 100
11 Investments, a group of boutique recruitment brands, has announced the appointment of David Forsdyke as Investment Director. David joins from PageGroup after 22 years, where he was most recently Managing Director for Michael Page across London and the South East.
11 Investments is a group of specialist recruitment brands, established by Joe Curtis, Andy Sellers and Charlie Rawstron in 2014. Joe, Andy and Charlie began by founding 3Search, now the UK’s largest marketing and digital agency for the recruitment market. Following the success of 3Search, they began a series of investments in other, like-minded recruitment businesses via the formation of 11 Investments. At core off its business has been the focus on fostering a differentiated approach to sourcing the leading recruitment entrepreneurs to support and help scale their business growth. Recent growth has seen employee number double from 45 to 100 over the course of 2022.
David, alongside Joe, will be responsible for expediting growth of 11 Investments to support the group’s ambitious plans to grow headcount to 200 in 2024 and further build out the portfolio of investments. Charlie and Andy will remain focussed on continuing to develop 3Search, retaining the enviable company culture and building strategic initiatives that will benefit the whole group, including: Diversity, equity and inclusion; learning and development; marketing and being a socially responsible business.
Joe Curtis, Director and Co-Founder, 11 Investments commented: “We’re really proud of what we’ve built with 3Search and the wider 11 Investment portfolio. Having invested in and scaled several recruitment businesses, we see significant opportunities in the market to grow our existing businesses further, and we’d like to increase the number of brands in our portfolio. That’s where David’s experience and pedigree with PageGroup comes in. He has first-hand experience of growing teams, managing large-scale recruitment P&Ls and adds second to none experience to our board. We’re thrilled he’s joined and can’t wait for him to get started.”
David Forsdyke, Investment Director, said, “I’ve always kept an eye on 3Search, having worked with the founders previously at Michael Page Marketing, and have respectfully admired what they have achieved from afar. Having built an enjoyable and successful career at PageGroup of which I have huge gratitude and respect, I knew if I ever left it would have to be for something significantly different. Whilst I had achieved a lot a Page and learnt from some of the very best in the business, the time felt right for a new challenge. When Joe told me of the vision for 11 Investments, I felt genuinely excited and wanted to help write this hugely exciting next chapter. This is a business where everybody’s contribution to the groups’ success is so clear to see and the culture the team has built is something really quite special. I knew that I wanted to be part of that, and to try to re-create some of the magic we had working together several years ago! I think we have a powerful blend of skills and experience and can all learn a lot from each other.”