Serial entrepreneur David Spencer-Percival (pictured) has launched a new venture, Life Science People, with an initial team of 20 and a personal investment of £2m.
Spencer-Percival is the founder of recruitment businesses Huntress and Spencer Ogden. He sold Spencer Ogden last February to private equity firm MML Capital Partners, and previously sold Huntress for a reported £50m. Another of his entrepreneurial efforts was the creation of the botanical drinks company No 1 Rosemary Water. He remains the drinks company’s executive chairman.
According to a press statement, Spencer-Percival’s move to focus on life sciences follows record investment in the sector in 2018/19 and is in response to the rapid technological advances and innovation in both life sciences and “the broader world of work today”.
The statement said that Spencer-Percival’s team are planning ambitious growth with plans for a London office by December. It also said that, in launching Life Science People, he will continue his “commitment to hiring and training graduates”.