Partner Article

Newcastle’s NVM Private Equity exits risk consultancy investment

Newcastle-based NVM Private Equity (NVM) has successfully exited from Control Risks Group Holdings (Control Risks), a specialist risk consultancy which helps organisations manage the risks and opportunities of operating in complex or hostile environments.

NVM and a syndicate of co-investors acquired a minority stake in Control Risks in 2011. Since then, Control Risks has undertaken a financial restructuring to create a sustainable platform to remain as an independent company in the long‐term, which has facilitated the exit of non‐management shareholders.

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. “

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.”

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