Bluestones Group acquires ThinkWorkforce

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ThinkWorkforce

Bluestones Group has completed another strategic acquisition, with ThinkWorkforce becoming the tenth business to join the Group’s portfolio of recruitment and staffing services businesses within the last 12 months.


Founded in 2021, and operating across the UK healthcare sector, with an offshore branch in Cape Town, South Africa – the business specialises in recruiting GPs, nurses, and other healthcare professionals on a temporary and permanent basis. Harj Dadrah and Nana Mayosi will continue leading the business as the core leadership team. ThinkWorkforce is being acquired from Effer Ventures, a multi-sector investment company.

Bluestones Group CEO, Steve Pendergast commented:

“As we continue on our acquisition trail, we’re also further branching out internationally, with ThinkWorkforce being the second business in our portfolio to have non-UK operations. There are clear synergies between ThinkWorkforce and other businesses within our portfolio, and our ability to provide sector-specific, market-leading support services, will help the business thrive”.

Alex Fenton, Group CEO at Effer Ventures commented:

“We are delighted with the completion of the sale of ThinkWorkforce to Bluestones. The business has been able to consolidate and grow within our portfolio, but for the next stage of its growth, we felt that it needed the right growth partner. Bluestones has a fantastic track record and are perfectly positioned to take ThinkWorkforce to the next level, so the transaction makes a lot of sense from all sides.”

Bluestones Group has been firmly on the acquisition trail with this being the tenth business that has been acquired this calendar year. Bluestones invests in recruitment and staffing services businesses and has developed an enviable portfolio of over 30 such businesses across a range of sectors and locations.

You can find out more about ThinkWorkforce by browsing their website HERE and Bluestones Group via their website HERE.

About Bluestones

Bluestones Investment Group invests in staffing service companies. We operate a balanced portfolio of businesses in specific divisional sectors and are always keen to receive investment enquiries.

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