Nimbus has announced plans to open offices in the UK and have hired Chris Clegg, former Endless partner to lead on the UK operations. Nimbus focus on non-core carve outs and offer enhancement for companies in need of operational and strategic support, particularly in the manufacturing, service and technical industries.

Chris Clegg has said that the initial focus will be on “the Northern Powerhouse and we hope to announce office openings in Leeds imminently and Manchester shortly thereafter.”

Founded in 1999, Nimbus also has an office in Germany and the move into UK offices follows one UK investment in the backing of Halo Foods, a healthy snacks business, in 2016.

Talking about the UK location, Ed van Dijk, Nimbus managing partner said: ”We see the United Kingdom as presenting some excellent investment opportunities irrespective of Brexit… Our investment in Halo Foods in 2016 has been hugely successful and we believe the strength of our proposition and team will be well received in the mid-market. I’m delighted we’ve persuaded Chris to join us as UK Chairman and looking forward to announcing the opening of our first office in the UK,” he added.