Jamieson Corporate Finance has advised the management team of NSL Services Group, led by CEO Mark Underwood, on the \u00a3120m acquisition of the business by AAC Capital Partners.<\/p>\n
NSL is the\u00a0UK\u00a0market leader in on street parking management, working on behalf of more than 50 local authorities in the\u00a0UK, including most of the large\u00a0London\u00a0boroughs and also\u00a0Manchester\u00a0and\u00a0Edinburgh. It also runs parking services across\u00a0Northern Ireland\u00a0for the NI Roads Service, a contract which also includes the management of more than 120 off street car parks \u2013 the single biggest outsourced car park operation in the\u00a0UK. It is also the parking industry\u2019s leading supplier of business process outsourced systems, and runs a nationwide contract for DVLA immobilising untaxed vehicles. Recent expansions include the addition of the Patient First ambulance operation to its Passenger Transport division, and the commencement of its international operation with the roll out of managed parking in\u00a0Abu Dhabi.<\/p>\n
NSL was formed in 2007 following the demerger of National Car Parks into two separate businesses. It employs over 5,000 people in the\u00a0UK\u00a0and is headquartered in\u00a0London.<\/p>\n","protected":false},"featured_media":1297,"template":"","deal-size":[4],"deal-location":[15],"deal-sector":[12],"deal-service":[94],"class_list":["post-1296","deals","type-deals","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\n