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6 Sep 2018

Lowe Rental, a specialist rental company for fridges, freezers and catering equipment, has been named as the winner of the BVCA’s Management Team Awards for Northern Ireland.

The BVCA Management Team Awards, produced in association with Grant Thornton UK LLP, showcase companies across the UK that are backed by private equity and venture capital funds and which have excelled in their field. The Northern Ireland award was picked up by Lowe Rental CFO Paul Lavery at the BVCA’s annual dinner in Belfast on 6 September.

The BVCA judges praised Lowe Rental’s “broad and innovative management team who have built a fast growing and highly profitable global business”.

Lowe Rental is currently backed by investment firm Perwyn, which supported a management buyout in March this year from previous investor MML Growth Capital Partners Ireland. MML had been invested in the Lisburn-based company since September 2014.

Lowe Rental will now go forward to the national final to compete against our other regional winners, before the national champions are announced at the BVCA Gala Dinner on 29 November in London.

Braidwater, a Londonderry-based house builder, finished as runner-up. The judges said: “An ambitious team who have driven exceptional levels of growth in recent years. Customer-focused management who are constantly pushing the business forward to expand its market position.” Braidwater has been backed by BGF since November 2015, which invested in the business again in February this year.

Full details of the awards, including judging criteria and past champions, can be found here.


For further information, please contact

Tom Allchorne, Director, Communications, BVCA
+44 (0)20 7492 0407
tallchorne@bvca.co.uk


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.

  2. The Northern Ireland judging panel consists of: Peter Garvey, The Carlyle Group (chair); Leon de Bono, BVCA; Graham Clarke, BGF; Jim Curran, Clarendon Fund Managers; Charlie Kerlin, Grant Thornton; Aidan Langan, Enterprise Equity; Allen Martin, Kernel Capital; William McCulla, Invest Northern Ireland; Jimmy Morris, LDC; Drew O’Sullivan, InterTradeIreland.

  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, including more than 400 private equity and venture capital fund managers and institutional investors.

  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 www.grant-thornton.co.uk.


Further information

FOR FURTHER INFORMATION PLEASE CONTACT THE BVCA

 +44 (0)20 7492 0400

TOM ALLCHORNE, DIRECTOR
COMMUNICATIONS
BVCA

 tallchorne@bvca.co.uk