Scott Haddow has joined Nexus Vehicle Rental as its new chief executive officer, driving the next phase of growth and product developments.

His appointment follows recent investment in which Equistone Partners Europe acquired a majority stake in Nexus from Phoenix Equity Partners.

He joins the management team to lead the business alongside managing director John Ellis and finance director Alex Cook, with ex-CEO David Brennan remaining full time with the company as executive chairman.

Brennan said: “After nine years as chief executive at Nexus and leading the business through our growth objectives now is the perfect time to hand over the reins to an impressive CEO like Scott, to take the business forward in its next chapter. We’re thrilled to welcome Scott into the business, as he brings with him a wealth of experience and a strong track record in delivering growth. In my new role as executive chairman, I also look forward to continuing to support the business in what will be an exciting period ahead.”

Haddow brings a strong background in tech services, with extensive experience working within private equity-backed businesses since 2008. His most recent role was as group CEO to London-based MTI Technology Group, a leading cyber and data security solutions provider, for five years.

Prior to that, Haddow was CEO of Trustmarque Solutions for seven years, which was backed by LDC, Dunedin and Endless before a trade sale to Capita in 2016.

He commented: “As I start in my new role as CEO at Nexus, I am excited to get to know my new colleagues, as well as our customers and suppliers. I’m looking forward to working alongside the impressive management team to broaden our mobility-as-a-service offering, as well as introducing Nexus to new markets, such as plant hire.”