Nature of business

International recruitment firm focussed on banking, financial services and management consulting.

Description of deal

Astbury Marsden has developed a strong platform to benefit from future growth in the City of London and have opened new offices in Hong Kong and Singapore.

Growth strategy

Management Buy-Out NVM invested £5.6m alongside finance from the management team, HSBC and the vendor.

Website

Visit Astbury Marsden Website Here

Their success is based on a special understanding of the markets in which the business has operated over the last 15 years, demonstrated by their strong client relationships and delivery against the aspirations of their candidates. Operating from offices in London, Hong Kong and Singapore, Astbury Marsden provide blue-chip clients in investment banking, investment management, private banking and wealth management with both permanent hires and contractors, across their infrastructure functions (IT, Operations & Finance). Their major clients include Barclays, HSBC, JPMorgan and Ernst & Young.

In 2007 NVM worked closely with Managing Director Jonathan Nicholson and Chief Operating Officer, Mark Cameron, to buy-out the 80% shareholding of Paul Marsden, one of the original founders. NVM introduced experienced chairman, Tim Moynihan, who has provided valuable support since the buy-out especially during the banking crisis during 2008/2009. The team have benefited from his extensive experience over several economic cycles within the Human Capital sector.

Since investing in Astbury Marsden the business has broadened its geographic footprint substantially, opening offices in Hong Kong and Singapore where they are building traction rapidly. The banking recovery is now allowing the team to exploit their much strengthened infrastructure and grow strongly.

The management buy-out has given us the opportunity to take advantage of growth opportunities in our markets and a partner in NVM who is committed to our future growth can only help us to achieve that.

Mark Cameron, Chief Operating Officer Astbury Marsden