NES Global Talent
Graphite led the £70 million MBO of NES Global Talent, a leading provider of specialist engineers to the global oil and gas, power and infrastructure industries. The transaction offered us the opportunity to transform NES into a global business. By the time of Graphite’s exit, the group achieved worldwide coverage through its network of 39 offices. The company’s customer base comprised large blue-chip organisations, including all major oil companies and many large international engineering businesses.
Key business achievements
Opened 20 international offices in 16 countries
Increased the proportion of group earnings generated from overseas markets from 30 per cent to 70 per cent
Increased the number of recruiters from 154 to 234
Materially improved recruiter productivity
More than trebled the number of engineering contractor placements
Increased EBITDA by 190 per cent to £23 million
Grew net fee income by 164 per cent to £58 million
Trebled net fee income from permanent placements to £10 million
RETURN ON GRAPHITE’S INVESTMENT
Graphite sold NES Global Talent in 2012 to AEA Investors LP for £234 million.