Isis picks up 35% stake in Nigel Frank

The investment will be used to continue the company's global expansion with plans to open new offices in the US and EMEA. The company will also look to diversify into new markets, potentially through acquisitions.

The deal sees the management team realising some of the value in the business.

Isis was attracted to Nigel Frank's international presence and the opportunity for consolidation in the recruitment sector.

Company
Nigel Frank specialises in permanent and temporary contract recruitment, predominantly linked to Microsoft Dynamics software.

The business was founded in 2006 by CEO Sean Wadsworth and CFO Nigel O'Donoghue. The company employs 170 consultants.

Beyond its headquarters in Newcastle upon Tyne, the company operates from offices in London, New York, Singapore and Melbourne, with a new office opening in San Francisco this year.

People
Xavier Woodward, Shani Zindel and David Cotter led the deal on behalf of Isis, with Woodward and Adam Holloway joining the board. Stephen Ross, who has chaired recruitment firms Huntress Holding and NES Group, joins the Nigel Frank board as chairman.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Support services
• ISIS Equity Partners
• HSBC
• United Kingdom