nGAGE provides technical staff with specialist skill sets to private and public sector organisations in the UK, Europe and the US. The group, which trades through a number of leading market-facing brands, is positioned between larger generalist recruitment firms and specialist recruiters, providing a knowledge-led, tailored service, supported by a highly efficient, off-shore central services platform. Since Graphite’s investment, the group has been rebranded and restructured, significantly increasing sector focus and brand alignment. nGAGE has made three acquisitions, launched four new brands and, prior to Covid-19, had increased its number of recruitment consultants by over 250 since the buy-out. In addition, its managed services business has grown spend under management by over 500% and the company has launched a number of highly disruptive candidate and client-facing technology products. Today, nGAGE’s international business generates over 25% of the group’s net fee income, up from zero at the time of buy-out. nGAGE’s exposure to multiple sectors gives it an extremely large addressable market, both in the UK and internationally. We continue to work with the management team to expand the business, which should be well placed to take share as the recruitment market recovers from the disruption caused by Covid-19.