Backing strategy in uncertain times

The uncertain economic environment has not stopped global technology business Transaction Services Group (TSG) from pursuing their ambitious strategy and hiring two senior roles, entirely remotely, during the Level 4 lockdown.

TSG, an Advent portfolio company, is a leading global provider of business management software, integrated payments, and value-added services to the health and fitness, boutique fitness and childcare markets.

The company has an ambitious growth strategy. In the last year alone, TSG has acquired a number of businesses across major markets including North America, the UK and France.

Chief Financial Officer at TSG, Scott Maud, confirms: “We have had an incredible period of growth since Advent invested in TSG in 2019. We have now completed 11 bolt-on acquisitions that expand our product offering significantly, placing us in a leadership position in all our core markets. On the back of this growth and to ensure we can keep pace with delivering our strategic plan, we need to continue investing in great people – and we are very excited to have Shane Spooner and Dave Sharman join our senior leadership team.”

Having worked with TSG to support Accounting and Finance recruitment since 2016, Hunter Campbell was recently tasked with finding talented candidates to fill two new roles within TSG’s Financial Planning and Analysis team: Director, Group Financial Control, and Director, Financial Planning and Analysis, Group & Operations. Both roles are based in Auckland, where part of TSG’s Executive team and the Group Financial Planning and Analysis function are located.

Hunter Campbell Founding Partner Lee Marshall says TSG is a true example of a Kiwi success story.

“TSG are a leader in their field. The business has a truly impressive Finance team and it has achieved record growth in a short space of time. Though COVID was a difficult time, they forged ahead and recruited two business critical roles entirely virtually, without ever meeting these candidates face to face. These roles are central to the company’s growth strategy and TSG did not want to wait any longer than necessary to get the right people on board.”

Shane Spooner has been appointed as Director, Financial Planning and Analysis, Group & Operations at TSG, having joined the team from Fonterra, where he held positions including Commercial Manager – Export; Group Finance Manager – Velocity; and Commercial Manager – Group Functions.

Dave Sharman has also been appointed as Director, Group Financial Control at TSG, having returned to New Zealand from the UK, where he had been based for the last 10 years. In the UK, Dave worked for organisations including British Airways, in roles including Financial Controller – Overseas & Finance Transformation, and Trainline where he held the position of Group Financial Controller / IPO. Both Shane and Dave have now started their new roles.

Over the past four years, TSG has more than tripled its revenue through organic growth and acquisitions. The company operates in New Zealand, Australia, North America, the UK and Europe, and plans to expand into key markets in Asia in the coming months.

The company is also expanding in the UK and Europe and is currently recruiting a Head of Financial Planning and Analysis, based in London.

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