Graphite Capital sells NES Global Talent
Graphite Capital has sold NES Global Talent, the international technical recruitment group, to funds advised by AEA Investors LP for £234 million. NES places highly skilled contract engineers and project managers with, multi-national clients, principally in the oil and gas industries, and also in the power and infrastructure sectors. It achieves industry leading productivity levels through the rapid identification, placement and on-going support of engineers globally. Graphite backed a management buyout of the business, led by Neil Tregarthen, in September 2006.