Baird Capital Exits Portfolio Company Nigel Wright Group
Baird Capital’s Private Equity team recently announced that portfolio company Nigel Wright Group has refinanced the business and purchased all outstanding equity from their two institutional shareholders (Baird Capital and Beechbrook Capital). This move completes the full exit for Baird Capital following the MBO initiated in October 2020.
Nigel Wright has operated for over 30 years from its headquarters in Newcastle upon Tyne where it remains the leading and largest specialist recruitment firm in the North of England. It has expanded across Europe to become Europe’s number one consumer sector search specialist. Baird Capital initially invested in Nigel Wright in 2010.
“It was a pleasure to partner with Nigel Wright over the last 10 years, and we wish Paul Wilson and his talented team of executive directors great success,” said Dennis Hall, Partner and Head of Portfolio Management with Baird Capital. “This exit marks a new chapter for the firm, and we look forward to seeing what they do next.”
Baird Capital Partners Europe Limited is authorised and regulated by the Financial Conduct Authority.