STRATEGIC ACQUISITIONS are a key priority for growth at Capita Symonds in the next 12 months, new managing director Jonathan Goring told NCE this week.
Goring was appointed as the fi rm's new head earlier this month in a board shake up that saw former MD Bill Dye move back to parent company Capita as group executive director, human resources and property consultancy.
Dye is joined by former board members Phill Rowland and Michael Whitwell who will become fi ancial director and commercial director respectively.
Darren Jacob, Chris Green, John Southgate and David Spencer have been promoted to the Capita Symonds board as executive directors.
fiWe have had a period of incredible growth, particularly in management and local government businesses, fl said Goring.
fiThe promotions made demonstrate clearly that at Capita Symonds success is rewarded.
fiTwo or three of the new board members have excellent experience in terms of acquisition skills.
fiIn the management division and local government we have some large contracts. The biggest is worth £400M and in the management world contracts greater than £10M are rare so we will look to grow through strategic acquisition, fl he said.
Turnover at Capita Symonds has grown from £162.9M in 2004 to £225.5M.
Capita Symonds was formed in June 2004 following the merger of Capita Property Consultancy and Symonds Group.
Other board changes include executive directors Andrew Murray and Graham Cowley becoming chief operating offi cers, Pam Gilbert has been appointed as commercial director and Tim Jennings as finance director.
Chris Booy will remain as non-executive chairman.