23 May 2019

The BVCA is pleased to announce the winners of the Scotland Management Team Awards 2019.

The winners were presented with their awards last night at the BVCA’s annual Scotland Dinner at The Balmoral in Edinburgh and will now be candidates for the National Management Team Awards which will be announced at the BVCA’s Gala Dinner in London on 28 November.

Produced in association with Grant Thornton UK LLP, these awards and are our annual showcase for the best businesses in the UK backed by private equity and venture capital.

The full list of winners for the BVCA Scotland Management Team Awards 2019:

Backed by
Miller Homes Bridgepoint Large Company Management Team
CMS Window Systems LDC Mid-Market Management Team
Exterity Shackleton Ventures Growth Management Team
Smarter Grid Solutions SEP Venture-backed Management Team

Judges' comments

Large Company Management Team
Miller Homes

Backed by Bridgepoint

Edinburgh’s Miller Homes one of the UK’s largest privately owned housebuilders with a strong footprint in the Midlands, North and Scotland.

Judges’ comments: Miller Homes’ strong performance over recent years, which includes rising revenues and margins, as well as their strong KPIs, in a tough market makes it worthy of special recognition. The management team, led by John White, Chris Endsor and Ian Murdoch, have grown the business organically and expanded across the UK, working hard to establish great relationships with its subcontractors and its staff. It is a true Scottish brand.

Mid-Market Management Team
CMS Window Systems

Backed by LDC

CMS Window Systems designs, manufactures and installs PVCu and aluminium windows, doors and curtain walling systems, headquartered in Cumbernauld.

Judges’ comments: Since their inception in January 2006, CMS has had significant and continued success, and is now one of the top designers, manufacturers and installers of PVC and aluminium windows, doors and curtain walling systems in the country, working with some of the biggest names in the UK construction industry. The judges were particularly impressed with its approach to corporate and environmental, taking part in food drives, setting up an innovation hub and a strong focus on recycling its waste.

Growth Management Team

Backed by Shackleton Ventures

From its head office in Fife, Exterity is an enterprise video specialist, allowing businesses to distribute broadcast quality digital TV and video over the internet.

Judges’ comments: The management team, led by Colin Farquhar, Mike Allan and Simon Ross, have created a business which today is regarded as a leader in its field. Since its founding in 2001 it has experienced rapid growth, particularly over the last decade, which has seen Exterity grow revenue, profits and staff numbers. It has a truly global reach with offices across the world and its products are now deployed in over 50 countries.

Venture-backed Management Team
Smarter Grid Solutions

Backed by SEP

Smarter Grid Solutions is a leading software company for the energy sector, and is based in Glasgow.

Judges’ comments: Jim Kent and his team have created an industry-leading product at Smarter Grid Solutions, resulting in a business which has performed incredibly well in a competitive market. They have successfully transitioned to a software product model, expanded internationally – including clients in the US and Germany – and created a trusted reputation and brand, underpinned by the management team’s strong technical capabilities. There is huge potential for further growth.

For further information, please contact

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

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 at the end of the year in London. Please click here for more information.

  2. The Scotland judging panel consists of: Andrew Craig (Chair), Maven Capital Partners; Colin Bennett, LDC; Alexander Crawford, Calculus Capital; David Gammie, BGF; Neil McGill, Cairngorm Capital; Neil McInnes, Grant Thornton; Tony Robison, Scottish Equity Partners; Steve Scott, Penta Capital; David Wilson, Panoramic Growth Equity.

  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 770 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