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TRANSIT CEASED PUBLICATION IN JUNE 2010

NSL sold to buyout giant for £120m

Five years after buying NSL, 3i sells business to AAC Capital Partners

Deniz Huseyin
04 October 2010
Mark Underwood
Mark Underwood

 

NSL Services has been sold by 3i to AAC Capital Partners for £120m. Private equity firm 3i has generated a big  return on its investment since buying NCP for £555m in 2005. It split the parking business in 2007, selling the off-street component to Macquarie Bank for £790m, and retaining the rest of the company, which was re-named NSL Services Group in 2009.

Over the past five years NSL has increased its share of on-street parking enforcement contracts from 25 to 50,...

+80% more

 

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