Privately owned labour hire and recruitment firm Australia Personnel Group has launched a process to find a financial investor to help fund its expansion plans. 
According to a flyer sent to potential investors, APG has engaged PPB Corporate Finance to raise the equity and is believed to be seeking a $10 million to $15 million injection.
The flyer said APG, nicknamed "Project Eagle", expected $111.3 million revenue in the 2016 financial year, with that number increasing to $128.1 million in 2017 and $147.8 million in 2018.
Potential investors were told that APG's lean business model and low fixed cost base allowed incremental revenue to substantially flow through to profit.
APG was established in 1998 and delivers labour hire to a range of industries including food processing, agribusiness, manufacturing, logistics and construction.
It has offices nationally and was pitched as a "scalable business" leveraged to high growth sectors.
PPB was seeking indicative bids by close of business on   March 23.
Domestic private equity growth funds are expected to take a look - along with some of the larger players in the local recruitment and training market.