NVM Private Equity exited its stake in Control Risks Group Holdings, a UK-based risk consultancy specializing in political, integrity and security risk. NVM and a syndicate of co-investors acquired a significant minority stake in Control Risks in 2011.
NVM Private Equity (NVM) has successfully exited from Control Risks Group Holdings (Control Risks), a specialist risk consultancy which helps some of the most influential organisations in the world understand and manage the risks and opportunities of operating in complex or hostile environments.
Since its foundation in 1975, Control Risks has worked for some of the most influential organisations in almost every country in the world. Increasing globalisation and complexity is driving the demand for advice and practical assistance in difficult business environments. The company offers a range of services addressing political risk, business intelligence, corporate and personal security and crisis response. Control Risks has an outstanding client list including many of the world’s leading corporations, governments and non-governmental organisations with an impeccable reputation for ethics and business integrity.
NVM and a syndicate of co-investors acquired a significant minority stake in Control Risks in 2011 and since then the investment has enabled the management team to continue driving the strong growth of the business as an independent company. Control Risks has undertaken a financial restructuring to create a sustainable platform to remain as anindependent company in the long‐term, which has facilitated the exit of non‐management shareholders.
Gary Carpenter, CFO of Control Risks Group said: “When NVM made their investment in Control Risks in 2011, they said that they were prepared to take a longer-term view than most private equity firms and that they would be supportive and flexible. They have fulfilled that commitment. In particular, they have been enormously helpful in assisting us to transition into a new corporate structure independent of third party equity and getting us to where we want to be for the long term. In addition, they have played a much wider role in the overall governance of our firm. Their advice has been supportive and robust, providing honest feedback on our planning and decision making. Tim Levett has been an excellent companion in the boardroom and brought his extensive experience to bear on all manner of issues – large and small – that face a growing international firm.”
Tim Levett of NVM Private Equity said: “Working with the board of Control Risks in the development of the company has been a pleasure; the management team have been highly professional and the way in which the company has adjusted to take advantage of a hugely volatile political environment over the last five years has been impressive. When we invested in Control Risks in 2011 we committed to being patient and very soon established a rapport which enabled the obvious conflicts of interest with ease. I am confident that the team will continue to build on a great brand to build an even more impressive international business. ”
NVM Private Equity is independently owned with over 30 years’ experience of investing in unquoted UK businesses. NVM is a generalist investor, managing over £270 million of funds, and is differentiated by having executives living and working in regional business communities throughout the UK. NVM seeks investment opportunities of between £2 million and £12 million in UK businesses which have the right mix of growth potential and market vision. They may be looking to grow organically, acquire another business or secure a management buy-out. www.nvm.co.uk