News / Acorn secures £20m finance

A specialist recruitment and training business with almost 40 offices across the UK, including in Manchester, Preston, Crewe and Widnes, has secured a £20m invoice finance package from Lloyds Bank Commercial Banking.

The funding will provide Newport-headquartered Acorn Group with working capital to support its growth.

The business was founded in 1992 and now employs a 270-strong team across 38 offices. It specialises in recruitment for the IT and digital, construction, rail, engineering, legal, industrial and executive search sectors.

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Acorn secures £20m finance