Fairmount Partners Advises Redbock in Acquisition by NES Global Talent

HOUSTON, TX – June 11, 2018 – Fairmount Partners is pleased to announce the acquisition of its client Redbock LLC by NES Global Talent, a UK based workforce specialist.

NES provides a range of contract, permanent recruitment and managed talent solutions to the Life Science, Oil and Gas, Chemicals, Power, Infrastructure, Manufacturing and Mining sectors worldwide. Redbock is a well-established provider of consulting solutions in the Life Science industry.  With a strong brand reputation, Redbock is built on strong business practices and reliable execution.

The combination of NES’s global reach and Redbock’s local expertise further strengthens NES’s position as the partner of choice for Life Science consulting solutions across the world.

Tig Gilliam, CEO, NES Global Talent commented, “We are very pleased to welcome Redbock to the NES team. NES Global Talent continues to complement our organic growth approach with strategic acquisitions that fit our business. We were delighted to find this opportunity with Redbock.  Our business is a people business, and we are very pleased to join with a team that shares our core values.  This combination will further strengthen and accelerate our Life Sciences capabilities and continue to build on our vision to be a world leader in delivering highly qualified professionals to critical industries around the world”.

David Hnatek, CEO, Redbock added, “Redbock was created to deliver superior talent to the pharmaceutical, biotechnology and medical devices industries, and I am extremely proud of the success we have had since our inception. NES Global Talent is one of the most respected staffing companies in the world and joining with them will bring proven capabilities and a global infrastructure, which we believe will help to deliver additional resources and fantastic support to both our customers and candidates.”

Due to the strong business and brand reputation Redbock holds, NES advised that there will be no immediate changes to operations.  Both businesses will continue to operate without disruption to customers or contractors.

Fairmount Partners acted as the investment bank for Redbock, and its founders David Hnatek and Robert Adzich, and previously represented the same team in selling Assent Consulting in 2007. Fairmount has completed dozens of transactions in healthcare, business and IT staffing, and over 125 transactions in pharmaceutical services, and brought expertise from its Staffing group and Pharmaceutical Services group to the Redbock assignment.

Neal McCarthy, Fairmount Managing Director commented “we were thrilled to work with Dave and Rob again, and to introduce them to the Tig and the senior team at NES – the positive chemistry between these two talented groups of people is certain to drive their combined success.”

About Redbock

Redbock is a consultancy that delivers highly skilled professionals, serving in the pharmaceutical, biotechnology and medical device industries based in California.  Redbock provides expert solutions to resource-challenged companies, and positively impact the lives of the consultants helping them.  Over the years, consultants have brought solutions to some of the largest, high-profile companies in the industry. America, Europe, Asia and Australia.

About NES Global Talent

Established in 1978, NES Global Talent is an award-winning workforce specialist that has placed over 125 different nationalities into 91 countries across the Oil and Gas, Power, Construction and Infrastructure, Life Sciences, Manufacturing and Mining sectors worldwide. We provide guaranteed staffing solutions, sourced from a global talent pool by a dedicated, discipline specific team of over 500 recruiting consultants. It’s people that deliver projects, and with over 45 offices in 28 countries, we have access to the best talent, wherever it may be in the world. NES Global Talent can offer a full range of staffing solutions: Contract, Permanent (Direct) Hire, Managed Solutions, contingency and project-based, or a fully outsourced service.

These services are complemented by an industry leading support service and mobility package to ensure clients keep hold of the top talent in a compliant manner for as long as they need it. For more information visit nesgt.com and redbock.com.

About Fairmount Partners

Based in Philadelphia, Fairmount Partners provides merger and acquisitions advisory services, and assists companies to raise funding for acquisitions, growth and liquidity. Fairmount’s Pharmaceutical Services Group is the leader in advising companies that focus in the biopharmaceutical and medical device sector. and has assisted clients on 126 completed transactions in 18 countries in North and South America, Europe, Asia and Australia.

Neal McCarthy

Further information is available at www.fairmountpartners.com