Proactive - Interviews for investors

Hercules Site Services CEO Brusk Korkmaz on £8M fundraise and expansion

Episode Summary

​​​​​​​Hercules Site Services PLC (AIM:HERC) CEO Brusk Korkmaz speaks with Proactive's Stephen Gunnion about the company's recent £8 million fundraise and its strategic plans for growth. The capital raised will help strengthen the company’s balance sheet and provide funds for future acquisitions. Korkmaz discussed the company's first successful acquisition, a 60% stake in Future Build Recruitment, which has expanded Hercules' footprint in the white-collar recruitment sector. He highlighted the cross-selling opportunities between the two companies and mentioned that further acquisition discussions are ongoing, with updates expected in due course. In addition, Korkmaz said two notable investors joined the share register: Martin Tedham, who has also joined the board as a non-executive director, and Ged Mason OBE. Looking ahead, Korkmaz expressed optimism, citing major projects in the UK infrastructure and construction sectors, including the government’s commitment to building 300,000 houses per year and other initiatives in water, nuclear, and renewable energy sectors. "We believe that we are well positioned to take full advantage of these encouraging commitments," he said. For more updates on Hercules Site Services PLC, don't forget to give this video a like, subscribe to the Proactive channel, and enable notifications for future content. #HerculesSiteServices #ConstructionIndustry #UKInfrastructure #BruskKorkmaz #Fundraising #MergersAndAcquisitions #RecruitmentSector #RenewableEnergy #ProactiveInvestors #InfrastructureDevelopment #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews