Home Business Services Leading Dutch private equity firm chooses Leeds for UK headquarters.

Leading Dutch private equity firm chooses Leeds for UK headquarters.

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Chris Clegg, who will chair leading Dutch investor Nimbus in the UK, at One Park Row in Leeds.

Leading Dutch investor Nimbus has chosen Leeds as its UK headquarters as it plans to expand by supporting businesses across the Northern Powerhouse.

The operation will be led by veteran investor Chris Clegg, a former Partner at Endless, who will chair the UK firm.

Nimbus is a hands-on investor focusing on non-core carve-outs and companies requiring operational and strategic enhancement.

The company has grown a strong reputation in Europe by investing in industrial companies with a substantial and evident potential for growth with an annual turnover from £10 million up to £500 million.

Nimbus will be based in the prestigious One Park Row office development that is setting a new bar in Leeds for connectivity and a professional working environment.

Commenting on the move Chris Clegg, chair of Nimbus in the UK said: “Leeds is the perfect hub for our UK operations with thriving financial and professional services sectors. We have ambitious growth plans that will see Nimbus become very active in the dealmaking community over the coming months.

“The Northern Powerhouse has the building blocks in place to deliver significant growth. We hope that both our investment and expertise can help companies become UK and global leaders.”

Nimbus has announced plans to open offices in Manchester as the seek investments across the North of England.

Clegg is a well-known figure in the dealmaking community having managed the hugely successful Enact EIS Fund in Leeds in 2013 securing investment from Danny Mills, the former England Football international amongst other high profile investors.

Workspace provider Gilbanks undertook a multimillion-pound refurbishment of One Park Row to create a working environment and service that was akin to a boutique hotel. Gibanks operates multi-sites across the North.

Alex Duckett, managing director of Gilbanks said: “We aimed to create a world class working environment with One Park Row. It seems the approach is working as we have attracted global leaders from the accountancy sector, fintech, finance and corporate advisory services.

“Businesses are increasingly looking for premium levels of service to ensure they have the best environment possible to support their growth and attract and retain talent.”

One Park Row is prominently situated in the very heart of the professional and financial district of Leeds City Centre. It provides a premium fully serviced working environment that has been designed by internationally accredited architects NORR.

Gilbanks operates two floors and can accommodate companies of all sizes. Other tenants within the building are Pinsent Masons, Rothchild and Barclays.