Nigel Frank International Gets Cash Infusion from ISIS
Specialist recruitment company Nigel Frank International Limited has raised £22 million ($33 million) from ISIS Equity Partners and HSBC Bank plc. ISIS has taken a 35% stake in the company.
The investment will allow the company to continue to expand into other countries as well as enter new markets through potential acquisitions and new offices in the US and EMEA (Europe, Middle East, Africa), officials said. The new capital will also enable the management team to realize some of the value of the business they have built up since the company was formed.