Clearwater International advises MML Capital Partners on its investment in Spencer Ogden
Clearwater International has advised MML Capital Partners (MML) on its investment in global specialist energy and infrastructure recruitment business Spencer Ogden to support the next phase of growth.
Spencer Ogden has more than 400 employees across 12 international offices focusing on four key verticals – renewables, power and utilities, built environment and oil and gas.
Continued investment in key areas such as renewables, combined with the ongoing technical skills shortage across the energy sector, has driven strong growth within Spencer Ogden which has seen EBITDA increase by 45% year on year.
MML's investment in Spencer Ogden will support the business' ambitious organic growth plan in core specialist sectors, whilst maintaining its reputation for excellence in delivering niche talent and developing key client partnerships.
Richard Mayers and Rob Devonshire will join the board of Spencer Ogden on behalf of MML alongside executive management and Ed Ogden (as representative of the Ogden shareholding).