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PRIVATE EQUITY
 

Growth Capital

Nessco Group

In June 2008 an Aberdeen-led syndicate invested £4m in Nessco Group.

Nessco is a leading telecommunications services provider to both energy and general industrial markets. The business employs 140 people and operates from Aberdeen, Glasgow, Edinburgh, Reading, Baku and Brazil. Nessco was founded by its CEO Tom Smith nearly 30 years ago and is growing strongly and enjoys a blue chip customer base including bp, Total, ExxonMobil, Amec, SBM, Expro, CB&I, MacDonald Hotels and Baxters Food Group.

Nessco Group

Initial Investment: June 2008

Company: Nessco Group

Company website: www.nessco.co.uk

Deal Type: MBO

Funding: £4,000,000

Sector: Energy Services / Telecoms

Team: Growth Capital

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