Recruitment group NES sold for £234m

RECRUITMENT group NES Global Talent has been sold by its private equity owner Graphite Capital for £234m to US private investment group AEA Investors.

Altrincham-based NES, which specialises in technical and industrial recruitment, has grown fast since Graphite backed a management buyout (MBO) in September 2006 with an enterprise value of £70m.

NES places highly skilled contract engineers and project managers with blue chip, multi-national clients, principally in the oil and gas industries, and also in the ... For the full story register now for free or login below...