
UK - Gresham backs MBO of Swift Technical Group
Gresham has backed the management buyout of Swift Technical Group, the market leader in global recruitment and relocation focused on the oil and gas sector.
Swift provides labour to both onshore and offshore projects with a focus on the upstream environment. Clients include global oil majors BP, Chevron, Exxon and Shell. The business is headquartered in London, with other offices in Moscow, Lagos, Houston and Rio De Janeiro. In the current year it expects growth to be around 30% generating revenues of £128m and an operating profit of over £11m.
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