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14 Sep 2018

Four of the leading companies from the North West picked up awards last night for their outstanding performance over the last year at a ceremony in Manchester.

Last night over 440 people attended the annual North West Dinner of the British Private Equity & Venture Capital Association (BVCA) where the winners were announced for the BVCA’s Management Team Awards 2018. These awards, produced in association with Grant Thornton, are the result of a year-long, forensic judging process to find the best businesses backed by private equity and venture capital across the UK.

All of the winners will now compete against almost 30 companies from around the country in the National Final which will be held at the BVCA Gala Dinner on 29 November in London.

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

Winner 
Backed by
Category
Travel Counsellors Equistone and Vitruvian Partners Large Company Management Team
Styles & Wood BGF Mid-market Management Team
SPS Maven Capital Partners Growth Management Team
Push Doctor Oxford Capital, Draper Esprit and others Venture-backed Management Team


What the judges say

Large Company Management Team
Travel Counsellors

Backed by Equistone and Vitruvian Partners


Manchester-headquartered independent travel company providing tailored experiences

The traditional travel agent business is not an obvious place to find an outstanding example of growth and innovation. The judges liked the clever use of technology and ‘old economy’ methodology to create a truly scalable business, which has the potential to grow well beyond its already substantial size. We are impressed with the way this management team has worked together, building loyalty throughout the organisation at all levels. The company has now used private equity backing twice and is a great example of what can be achieved under private equity ownership.


Mid-market Management Team
Styles & Wood

Backed by BGF


Property and construction support services specialist based in Sale

We liked the confidence of the team in tackling new segments of its market, making acquisitions and strengthening the management team as it progressed. The company has successfully expanded its product offering into all aspects of property services, strengthening an already admired brand. This has delivered excellent profit growth in a market which is not straightforward.


Growth Management Team
SPS

Backed by Maven Capital Partners


Blackpool-headquartered manufacturer of promotional merchandise

The judges liked the fact that this management team have delivered exactly what was asked for it, turning a business around from losses under its previous ownership and delivering solid results and a good exit for Maven. The business is an excellent role model for what can be achieved.


Venture-backed Management Team
Push Doctor

Backed by Oxford Capital, Draper Esprit and others


Manchester-based provider of video consultations with NHS registered GPs online or app

The judges were impressed with the ambition and scope of the business. It has built a successful brand, raised very significant backing, and the company’s mission is inspiring; if successful, it could make a difference to many lives and make a significant contribution to public health. The management team are all experienced change-makers and the judges believe that overall this company stands a great chance of scaling successfully.


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 North West judging panel consists of: Phil Goodwin (Chair), BVCA; Ryan Bevington, Maven Capital Partners; Daniel Brecker, Grant Thornton; Ged Gould, LDC; Nick Holder, Livingbridge; Neil Inksip, BGF; Ian Kelly, Matrix and Utiligroup; Kieran Lawton, Palatine Private Equity; Cath Richards, Inflexion.

  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 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