TXM Group

Name

TXM Group

Legal name

TXM Group Ltd.

Website

https://txmgroup.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Milton Keynes

HQ country

United Kingdom

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Talent Solutions (MSP & RPO): Managed Service Provision and Recruitment Process Outsourcing services delivered to enterprise clients for managing contingent and permanent workforces. Revenue is generated through management fees, transaction-based pricing, and performance-based arrangements.
2. Talent Acquisition: Permanent, contingent, and executive search recruitment services. Revenue is generated through placement fees (contingent upon successful hire) for permanent roles and contract mark-up for contingent workers.
3. Consulting Services: Strategic advisory, project delivery, and digital transformation consulting for critical industry sectors. Delivered through TXM Consult, 2XM Consult, and Step 5 brands. Revenue is generated through professional services fees.
4. Payroll Services: End-to-end global payroll and administration services for clients' workforces, including EOR services in the Middle East through TXM Manpower Solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

TXM Group is a global workforce solutions and strategic change partner that delivers integrated talent and consulting services to enterprises, governments, and public sector organisations. Its core offerings span three pillars: Talent Solutions (RPO, MSP, employer branding, D&I, research), Talent Acquisition (permanent, contingent, executive search, payroll), and Consulting Services (advisory, delivery, digital transformation), delivered through 17 specialist sub-brands across the UK, EMEA, North America, and APAC.

Product overview

TXM Group is a global workforce solutions and strategic change partner offering a multi-brand portfolio of recruitment and consulting services. The core offering consists of three main service pillars: Talent Solutions (RPO, MSP, Talent Brand & Attraction), Talent Acquisition (Permanent, Contingent, Exec Search, Payroll), and Consulting Services (Advisory, Delivery, Digital Transformation). The company operates through multiple specialized sub-brands including TXM Recruit (Engineering), TXM Healthcare (Healthcare staffing), 2XM Recruit (Australian Engineering/Mining/Renewables), Petroplan (Global Energy recruitment), NextGen Partners (DACH Technology/IT), Talent Works (MSP/RPO/Employer Brand EMEA & North America), SustainRecruit/Provide (Technology/Digital talent), and TXM Consult/2XM CONSULT/Step 5 (Consulting). Founded in 2005, the Group has grown to include 17 companies across UK, EMEA, North America, and APAC regions.

Differentiator

Problem solved

Functional benefit

Brands

• TXM Group: Global workforce solutions and strategic change partner providing talent solutions, talent acquisition, and consulting services.

Products and services

• Talent Solutions Integrated end-to-end hiring solutions including Recruitment Process Outsourcing (RPO) and Managed Service Provision (MSP) for contingent and permanent workforces, with employer branding, D&I, research, and recruitment marketing capabilities. Sold to enterprise clients, governments, and public sector organisations.
• Talent Acquisition Recruitment services supporting immediate hiring and longer-term talent acquisition goals, including permanent placement, contingent/contractor staffing, executive search, and end-to-end payroll and administration services. Targets enterprise clients across multiple sectors.
• Consulting Services Strategic consultancy delivering advisory, project delivery/PMO, and digital transformation services to businesses, governments, and public sector organisations worldwide. Has delivered £1.5bn in projects with £500m currently under management.
• TXM Recruit UK-based specialist recruitment agency providing temporary, contract, and permanent recruitment solutions for the Engineering sector, operating from Milton Keynes and Derby.
• TXM Healthcare Healthcare staffing partner to the NHS and private sector, supplying nursing, doctors, and aged care professionals through locum, temporary, and permanent placements.
• 2XM Recruit Australian specialist recruitment agency providing contingent and permanent solutions across Engineering, Mining, Renewables, and Government sectors, with offices in Sydney, Perth, Brisbane, and Melbourne.
• Petroplan Global energy sector recruitment provider placing experts and professionals into roles across Engineering, Exploration and Production, O&M projects, and Corporate & Commercial in oil, gas, and renewable energy.
• Provide Technology and digital talent recruitment service helping organisations find, attract, and recruit tech and digital professionals.
• Provide Medical Delivers specialist short-term, long-term, and permanent medical personnel supply to the NHS and private healthcare sector.
• Specialist Locum Network Supplies top-quality locums to the NHS and UK private sector for health and social care roles.
• TXM Manpower Solutions Provides Employer of Record (EOR), company formation, end-to-end HR, payroll, administration, and sponsorship services across the Middle East.
• SustainRecruit Connects Australian businesses with talent in Technology, Digital, and Financial Services through recruitment services.
• NextGen Partners Technology recruitment consultancy with expertise in SAP, Salesforce, IT, and cyber security, operating across the DACH region (Austria, Germany, Switzerland) covering cloud, data, DevOps, agile development, and cyber security.
• Talent Works Provides MSP, RPO, and Employer Brand solutions across EMEA and North America, enhancing clients' strategic talent acquisition and workforce management.
• TXM Consult EMEA-based consulting arm creating transformative business growth and future resilience for clients.
• 2XM Consult APAC-based consulting arm providing customer-focused solutions in critical industry sectors throughout the APAC region.
• Step 5 Provides digital transformation and optimisation services from preparation through to delivery, operating across EMEA and APAC.

Quantifiable outcome

• £1.5bn of projects successfully delivered through the consulting arm
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• Talent WorkscoreStrategic or Co-development Partner · 1 May 2024Talent Works, a leading provider of MSP, RPO, and Employer Brand solutions across EMEA and North America, officially joined TXM Group in May 2024. Talent Works enhances TXM's service offerings with MSP, RPO, and Employer Branding solutions. Founder Neil Purcell joined the Group board. Existing management team remains in place.
• PetroplancoreStrategic or Co-development Partner · 1 January 2023TXM Group acquired Petroplan, a global recruitment solutions provider in the energy sector, in 2023. The acquisition aims to expand TXM's influence and capabilities in the energy market, with Petroplan fully integrated into TXM Group. Petroplan brings over 40 years of experience, 10,000 placements in more than 55 countries, and over 550 clients across 65 disciplines in the energy sector.
• SustainAbility ConsultingcoreStrategic or Co-development Partner · 1 December 2022SustainAbility Consulting, a Sydney-based technology and accounting professional recruitment firm, joined TXM Group in December 2022. The addition strengthens TXM's technology recruitment portfolio in the APAC region. Management team remains in place with Director Martin O'Donnell leading the business.
• SustainDigitalcoreStrategic or Co-development Partner · 1 December 2022SustainDigital, a Sydney-based digital sector recruitment firm, joined TXM Group alongside SustainAbility Consulting in December 2022, expanding TXM's digital recruitment capabilities in APAC.
• NextGen Partners (NGP)coreStrategic or Co-development Partner · 1 October 2021TXM Group acquired NextGen Partners in October 2021, expanding into Europe and the DACH region (Germany, Austria, Switzerland). NGP adds expertise in SAP and Salesforce technology recruitment and complements TXM's resourcing capability in IT and cyber security. Founder John Currell remains as Managing Director.
• Step 5coreStrategic or Co-development Partner · 1 January 2021Step 5, a digital transformation and optimisation consultancy, joined TXM Group in late 2021. Step 5 provides digital transformation services from preparation through to delivery, complementing TXM's consulting arm. Operating across EMEA and APAC.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Hays plc: UK-listed global professional staffing firm (~£6B revenue) operating across 30+ countries with deep specialism in engineering, healthcare, technology, and energy verticals — the same verticals TXM targets. Directly comparable in recruitment service lines, but substantially larger and publicly listed, giving it capital-markets advantages.
• Randstad NV: Dutch-listed global staffing leader (~€24B revenue) with deep vertical specialism in technology, engineering, and healthcare and a strong RPO/MSP platform (Randstad Sourceright). Closest large-cap comparable in target verticals and service model.
• Robert Half International: US-listed global professional staffing and consulting firm (~$5.5B revenue) with strong specialism in finance/accounting, technology, and legal. Comparable in recruitment-plus-consulting business model and enterprise RPO/MSP offerings, and a direct competitor in the UK and US markets.
• ManpowerGroup: US-listed global staffing leader (~$18B revenue) with a full MSP/RPO platform (Talent Solutions) plus recruitment and consulting. Directly comparable in RPO/MSP service lines, but vastly larger and operates with a different geographic mix.
• PageGroup plc: UK-listed global professional recruitment firm (Michael Page and Page Personnel brands, ~£1.7B revenue) with strong vertical specialism in technology, healthcare, engineering, and energy. Comparable in recruitment model and sector focus, but again at materially greater scale and with broader geographic reach.

Direct peers

• Impellam Group: UK-listed (£-revenue, multi-brand) staffing and workforce solutions group operating across healthcare, technology, engineering, and professional services. Structurally the closest comparable to TXM as a multi-brand UK group with MSP/RPO capability and vertical specialism, though historically larger in revenue terms.
• Alexander Mann Solutions: UK-headquartered private RPO, MSP, and talent consulting specialist serving enterprise and public sector clients globally. Closest direct competitor to TXM's Talent Works and TXM Consult brands in the UK/EMEA RPO market, with comparable sub-£500M scale and similar enterprise-led positioning.
• SThree plc: UK-listed specialist STEM staffing firm (~£1.6B revenue) with strong presence in technology, engineering, and energy contracting. Closely comparable in target verticals (technology, engineering, energy), recruitment-only model, and global delivery, though at a meaningfully larger scale than TXM.
• Cielo Talent: US-headquartered private RPO and total talent acquisition specialist, recently serving similar enterprise and global clients with RPO, MSP, and talent consulting. Closest direct comparable on the RPO/MSP and consulting service line, with comparable sub-£1B scale and a similar enterprise-led go-to-market model.
• Lorien (Impellam brand): UK-headquartered specialist technology, digital, and change recruitment brand within the Impellam Group. Closely comparable to TXM's Provide, Sustain, and NextGen Partners sub-brands in technology and digital talent acquisition in the UK and EMEA markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TXMGroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TXM Group