Today, I am delighted to announce that Instil has closed its first ever round of investment. A journey 18 years in the making, this investment represents a real statement of intent both in terms of Instil's standing in the market and of our growth ambitions for the coming years.
In June 2023, Paddy O'Hagan joined Instil as COO. Over the past 6 months, he has got to know every part of business, from how we operate to how we sell and go to market. We're already seeing the positive impact his experience is having across the company.
Today, Paddy joins the board of Instil, as an investor and director. Our shared ambition is to drive growth by building upon Instil's many years of recognised delivery expertise and unparalleled employer brand in the local market. As Paddy explains:
I'm delighted to join Tara and the team leading on a new growth strategy for Instil. This is a market I know well and having built companies in this market in the past my aim is to bring that experience to the Instil team and help them accelerate their growth story both as a team and as a company. This is an exciting opportunity to get involved in and we’ve some exciting plans ahead.”
For me personally, I am absolutely thrilled to have Paddy join me on the board. The value of having someone by my side who has already been through this journey cannot be underestimated. That experience will be vital in the years ahead. Working together over the past few months, it has become apparent that we work well together and that our collective ambitions and experience is making a real impact to the business.