Baird advises Graphite Capital
Baird advises Graphite Capital on the sale of its recruitment firm, NES Global Talent (“NES”), to AEA Investors for £234 million.
Under Graphite’s ownership, NES Group’s net fee income has more than doubled and EBITDA has trebled.
Baird’s deal team was led by David Silver, Head of Baird’s European Investment Banking Group, and also included Peter Augar, Boris Partin and Dan O'Neill.
David Silver said: "NES is a phenomenal company with a truly impressive management team, led by Neil Tregarthen, that has driven the growth over the past 6 years and will continue to do so under AEA's ownership.
“The auction was very competitive and AEA responded very quickly to sign the deal within a month of management presentations. Graphite have achieved an excellent return, which is much deserved."