The BVCA is pleased to announce the winners of the South West Management Team Awards 2019.
Revealed and presented at a ceremony in Bath last night, 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 other companies from across the country. The national winners will be announced at the BVCA Gala Dinner on 28 November.
Backed by Lion Capital
Loungers is the multi-award winning operator of Lounge Café Bars and Cosy Club Bars and Restaurants, headquartered in Bristol.
Judges’ comments: “Founded in 2002, Loungers, with the support of successive private equity backers, has grown to over 140 sites in the UK, with the ambition and potential to open many more. The team, led by Nick Collins, has grown the business organically in a challenging market, and Loungers’ profit growth is exceptional. Equally impressive, it has done all this whilst maintaining market-leading gross and net margins. There is considerable potential from both existing and new sites to maintain this.”
Backed by LDC
Poole’s BOFA International design, develops and manufactures fume and dust extraction systems.
Judges’ comments: “Tim Lockwood and his team have done an outstanding job since the MBO in 2015, evolving a family-run entity with a reputation for innovation and huge potential, into a rapidly growing private equity-backed business with an appetite to remain at the forefront of the portable filtration and fume extraction market. Its strong revenue figures – over 90% of which are from exports – and EBITDA growth led to a highly successful exit last year.”
Backed by Mobeus
Kinneir Dufort is a design consultancy based in Bristol, and has worked with the likes of Coca-Cola, Mars and Unilever.
Judges’ comments: “The 75-strong team led by Merle Hall successfully grew Kinneir Dufort’s revenues and EBITDA in 2018 and have built a solid base on which to continue this trajectory - a truly impressive achievement. The speed in which these actions have been implemented is almost unparalleled and demonstrates the talent and energy within the team.”
Backed by Calculus Capital
Blu Wireless is the developer of a new type of Wi-Fi technology which delivers multi-gigabit, fibre-level connectivity that is cost-efficient, low power and reliable.
Judges’ comments: “Since receiving venture capital backing, Blu Wireless Technology has successfully grown its product range and headcount as it addresses the challenge of building cost-effective 5G networks and reliable connectivity on high-speed transport. Henry Nurser and his team have built a business that has gained global recognition in a competitive market.”
Backed by Livingbridge (until July 2018) and Core Equity Holdings (since July 2018)
Cheltenham-based Portman Dental Care is the largest provider of private-focused dental care in the UK.
Judges’ comments: “Founded in 2008 by Sam Waley-Cohen, Portman Dental Care has disrupted the dentistry market by providing a more customer service focused approach. The management team has successfully implemented a rapid buy and build strategy and transformed the business into the fastest growing provider of private dentistry in the UK, with a total of 102 practices across the UK and further expansion planned in Europe.”
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