The BVCA is pleased to announce the winners of the Yorkshire & North East Management Team Awards 2019.
Revealed and presented at a ceremony in Leeds, these awards are produced in association with Grant Thornton UK LLP and are our annual showcase for the best businesses in the UK backed by private equity and venture capital.
All of the winners are now automatically entered into the national final where they will compete with companies from our other regional finals. The national winners will be announced at the BVCA Gala Dinner on 28 November.
Backed by Synova Capital
Fairstone, from its head office at Boldon Business Park in Newcastle, is a financial advisory and wealth management group, operating across both retail and corporate sectors from 47 locations across the UK.
Judges’ comments: “Since setting up Fairstone in 2008 with a vision of transforming the IFA industry through leveraging technology, Lee Hartley has created a business which now has 45 offices throughout the country. Supported by a broad and experienced management team and a strategy based on a unique buy-out model, Fairstone has had an outstanding year, having increased its client base by 24% and completed multiple acquisitions. Praise is also deserved for Fairstone’s CSR initiatives with the Fairstone Foundation supporting activities with Cancer Research UK and the World Transplant Games.”
Backed by Livingbridge
Giacom is a specialist cloud services marketplace which provides cloud services to the SME market, offering a one-stop platform for software, infrastructure and IT support services from its base in Hull.
Judges’ comments: “Since winning the Growth Management Team Award in 2018, Giacom has continued its impressive growth story with CEO Mike Wardel having further strengthened the management team to support this new stage of expansion. Substantial investment in the business’s cloud-based marketplace and the development of additional products has resulted in rapid growth in both customer numbers and average spend. A strong and customer-focused culture was also commended by the judges.”
Backed by Endless
WHP is an engineering company based in Gateshead and specialises in the integrated design, construction, validation and maintenance of hygienic, cleanrooms, laboratories, containment facilities, sterile processing environments and manufacturing facilities.
Judges’ comments: “Ian Lichfield was brought in by Endless post their investment in 2016 and has subsequently led the successful transformation of this business, including through expanding and realigning the existing management team. Having set an ambitious turnaround plan including the investment in new single-site facilities in Gateshead, the business has both returned to profitability and substantially grown revenues and order book. The judges applauded the scale and speed of the transformation, which has also generated significant new employment opportunities.”
Backed by FW Capital
Cenergist is a Washington-headquartered specialist energy and water efficiency company working across the UK, Europe, India and Middle East to help public and private clients achieve energy, water and financial savings.
Judges’ comments: “Having co-founded the company in 2012, Mitesh Dhanak leads a very successful business that has established a strong position in the market and boasts an impressive customer base. With support from a vastly experienced wider management and non-executive team, Cenergist is going from strength to strength, having significantly grown revenues and profitability on the back of expanded services and products. There is huge opportunity for further growth, including internationally, with offices recently opened in the Netherlands, Spain and India.”
Tom Allchorne, Director, Communications, BVCA
+44 (0)20 7492 0407
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FOR FURTHER INFORMATION PLEASE CONTACT THE BVCA
+44 (0)20 7492 0400
TOM ALLCHORNE, DIRECTOR