Dutch private equity firm Residex has sold site security company Best Fencing Group to management.
The company, which has offices in the Netherlands and Belgium with 110 employees, was founded in 1990. It provides fencing, gates and access control systems.
Best Fencing was previously owned by NPM Capital, which sold to Residex in 2008.
Abn Amro provided debt to finance the management buyout from Residex.