BVCA announces winners of Wales Management Team Awards 2018
3 May 2018

Exceptional enterprises across Wales are being celebrated tonight at the 10th annual BVCA Management Team Awards.

The outstanding companies will be picking up their prizes for their phenomenal performances over the past year. Taking place at our annual dinner in Bath, the BVCA Management Team Awards, produced in association with Grant Thornton UK LLP, recognise and showcase companies that are backed by private equity and venture capital funds and which have excelled in their field. Full details, including judging criteria and past champions, can be found here.

All of the winners will now go forward to the national final to compete against our other regions, before the national winners are announced at the BVCA Gala Dinner on 29 November in London.

The full list of winners for the BVCA Wales Management Team Awards 2018:

Backed by
Henry Howard Finance Cabot Square Capital Large Company Management Team
Orbis Education & Care August Equity Mid-market Management Team
Biological Preparations NVM Private Equity Growth Management Team
Vizolution Development Bank of Wales, HSBC
and Notion Capital
Venture-backed Management Team
Biological Preparations NVM Private Equity Business Transformation Management Team

Rhian Elston, Chair of the Wales judging panel and Investment Director at the Development Bank of Wales, said: “The vibrancy and entrepreneurial spirit of the Welsh business scene is well and truly reflected in this year’s BVCA Management Team Awards. We had a great shortlist with some excellent companies and I’m delighted we’ve got so many good stories to tell about how private equity and venture capital can work with businesses to produce some great results. Congratulations to all of the winners and good luck in the national final.”

Wales winners

Henry Howard Finance – Large Company Management Team

Backed by Cabot Square Capital

Henry Howard Finance is a business finance provider for SMEs and the largest independent finance house in Wales. Based in Newport, the company has provided financial support to over 20,000 different UK businesses across a variety of sectors. Cabot Square Capital invested in 2014.

Judges' comments: “We were impressed by this great business, particularly its top-line growth and margins.”

Orbis Education & Care – Mid-Market Management Team

Backed by August Equity

Orbis Education & Care is the leading provider of education and residential services for children and young adults with high acuity Autism Spectrum Condition in Wales. August Equity invested in the Cardiff-headquartered business in 2016.

Judges' comments: “A strong team, with a new FD, amazing numbers, great focus, growth by acquisition and developing their own sites, all made Orbis a deserving winner.”

Biological Preparations – Growth Management Team

Backed by NVM Private Equity

Biological Preparations is a Cardiff-based specialist in in the development of biotechnology solutions for a wide range of sectors including food and drink, water treatment, agricultural and cleaning services.

Judges' comments: “We were very impressed with the management team’s success in redirecting the businesses’ focus in recent years towards their own branded products, while maintaining good margins, augmenting second-tier management, and achieving strong bookings for FY17 and FY18.”

Vizolution – Venture-backed Management Team

Backed by Development Bank of Wales, HSBC and Notion Capital

Based in Swansea and with offices in Bristol, London and Canada, Vizolution is a digital tech company which works with leading financial institutions, utilities companies and telcos to enhance the customer journey.

Judges' comments: “The top line growth particularly stood out, along with Vizolution’s stellar customer portfolio and its work in bringing on board a corporate investor. In summary, great commercial and technological focus.”

Biological Preparations – Business Transformation Management Team

Backed by NVM Private Equity

Judges' comments: “We were so impressed with the management team’s redirection of the business in recent years we decided to award Biological Preparations both the Growth Management Team award and the Business Transformation Management Team award.”

For further information and photographs, please contact

Tom Allchorne, Director, Communications, BVCA
+44 (0)20 7492 0407

Notes to editor

  1. The BVCA Management Team Awards, produced in association with Grant Thornton UK LLP, are the only awards to celebrate the achievements of private equity and venture capital-backed management teams. There are eight regions in total, each with their own judging panel, and all winners are automatically forwarded to the national final, the results of which will be presented at the BVCA Annual Gala Dinner on 29 November in London. Please click here for more information.

  2. The Wales judging panel consists of: Rhian Elston (Chair), Development Bank of Wales; James Roberts, Grant Thornton; Guy Davies, WestBridge Capital; Julian Dennard, Mercia Technologies; Edwin Davies, Business Growth Fund; Dewi Hughes, LDC; Cameron Crockett, Kester Capital; and Ashley Cooper, Catalyst Growth Partners.

  3. The British Private Equity & Venture Capital Association (BVCA) is the industry body for the UK private equity and venture capital industry. The BVCA has over 700 member firms, representing the vast majority of UK-based private equity and venture capital firms and their advisers.

  4. Grant Thornton is one of the world’s leading organisations of independent assurance, tax and advisory firms. These firms help dynamic organisations unlock their potential for growth by providing meaningful, forward-thinking advice. Proactive teams, led by approachable partners in these firms, use insights, experience and instinct to understand complex issues for privately owned, publicly listed and public sector clients and help them to find solutions. More than 35,000 Grant Thornton people, across over 100 countries, are focused on making a difference to clients, colleagues and the communities in which we live and work. The UK Grant Thornton member firm provides services to over 40,000 privately held businesses, public interest entities and individuals. It is led by more than 185 partners and employs more than 4,200 of the profession's brightest minds. Find out more at

Further information


 +44 (0)20 7492 0400