HCL is to focus on organic growth, following the passing of its refinancing package by shareholders this week, according to a spokesperson for the healthcare recruiter.

Yesterday, the board of healthcare recruiter HCL announced that its refinancing package comprising a £60m placing and an open offer of up to £4.25m, was passed by shareholders yesterday, which has resulted in its readmittance to the London Stock Exchange’s AIM this morning.

An HCL spokesperson told Recruiter: “The focus is on organic growth, building on what is already a top three healthcare staffing business in the UK and a leading Australian healthcare staffing firm.

“In the UK, the process of adapting to the changed public sector environment is well underway, and Healthcare Australia is the largest nursing agency in Australia and a Panel Supplier in all States and Territories with significant growth opportunities in a consolidating market. This is fundamentally a good business and the long-term drivers of growth – the growing and ageing population in the UK and Australia, the demand for greater flexibility among both healthcare workers and providers – remain unchanged.”