Control Risks Receives £6M Equity Financing from NVM
Published On March 17, 2011 |
Control Risks Group Holdings Limited, a UK-based independent, specialist risk consultancy that provides advice and services that enable clients to manage strategic and operational risks, has received a £6m equity financing.
NVM Private Equity led a syndicate of investors to acquire a significant minority stake in the company from existing investor 3i.
NVM managed funds invested a total of £6m, with £3.7m from Northern Investors Company PLC and the balance from the Northern branded VCTs. The other co-investors funded the rest.
In conjunction with the transaction, Dominic Ely of NVM will join the company’s board.
Led by CEO Richard Fenning, Control Risks offers a range of services addressing political risk, business intelligence, corporate and personal security and crisis response. The company has has 34 offices on 5 continents.