The investment will help QX to further expand its platform capabilities and global growth footprint.

QX specialises in business & digital transformation, BPM and consulting services within the accounting, recruitment, real estate, manufacturing, public sector, higher education, healthcare, consumer packaged goods, retail, and utilities and energy sectors. Its recruitment expertise lies in scaling staffing businesses and transforming them through end-to-end recruitment solutions, according to the company.

Following the investment, founder and executive chairman Chris Robinson will step down from the QX board after leading the business for the last 20 years.

Pom Chakravarti (above left) assumes the role of group CEO, having been with QX for nearly 20 years. He brings extensive experience as a leader across all the business’s main divisions, and previously served as the company’s chief strategy officer.

Abid Neemuchwala (above right) joins the company as chairman. A recognised leader in the BPM industry, he will work closely with the QX team as the company carries out its growth strategy. He is also an adviser on Long Ridge’s executive council and previously held the role of CEO at Wipro.

Frank Robinson, QX Global Group’s CEO since 2018, will step into the role of board executive director and retain a significant investment in QX Global Group.

QX received corporate finance advice from Corbett Keeling, legal advice from Dechert, and financial and commercial vendor due diligence and tax advice from Ernst & Young. Long Ridge received legal advice from Travers Smith and Choate, accounting and tax advice from KPMG, and debt financing from HSBC.

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