The best performing UK companies backed by private equity and venture capital were celebrated last night as the BVCA announced the winners of its annual Management Team Awards, produced in association with Grant Thornton UK LLP in London.
After a year-long process of nominations, judging and regional finals, five businesses were chosen from a shortlist of over 30 from around the country. Held at the BVCA’s Annual Gala Dinner at the London Hilton on Park Lane, representatives from each of the winners took to the stage to pick up their award.
The winners of the national BVCA Management Team Awards 2017 are:
More details about each of the winners, including comments from the judging panel, can be found below.
Bill Priestley, chair of the national judging panel and Chief Investment Partner at Epiris, said: “Private equity and venture capital are vital components of the national economy, backing and building businesses around the UK. The BVCA Management Team Awards represent the very best of these businesses, and the performance of each of these winners has truly been outstanding. As the country gears up for the challenges ahead, our industry will play a key role in supporting UK innovation and enterprise. A huge congratulations to all of the winners and their investors.”
Mo Merali, partner and head of private equity at Grant Thornton UK LLP, added: “The UK’s private equity market has remained resilient over the past year, despite the uncertainties of Brexit and other economic headwinds which have started to play out. Private equity is a critical component in enabling a vibrant post-Brexit economy to emerge and we congratulate this year’s winners for demonstrating first-hand the outstanding management teams that have stewarded private equity backed dynamic companies throughout the UK.”
Backed by Scottish Equity Partners
Flight, hotels & car hire comparison website.
Run by founder CEO Gareth Williams, today Skyscanner operates in 10 countries with 800 employees (including 500 in the UK) and was sold to Ctrip in December 2016 for US$1.75 billion. The judges applauded Gareth and his team for their achievements over the last 14 years, which place them alongside the best start-up teams globally and give a significant boost to the Scottish and UK tech sectors.
View their Management Team of the Year Awards winner video
Backed by NorthEdge Capital
Software provider to the UK energy market.
Matthew Hirst and his team saw an opportunity to provide software and information in the changing energy market, and partnered with NorthEdge in their 2014 MBO. The judges were impressed with the pace at which they have built the business and the strong value creation for shareholders, culminating in the exit for £100 million to Energy Services Group in April this year.
Backed by Panoramic Growth Equity and Smedvig Capital
Developer of proprietary search intelligence technology for digital advertising.
Captify showed phenomenally rapid growth in 2016. The company now has a genuinely international presence with a roster of blue-chip clients and is second only to Google in Search Intelligence. Dominic Joseph and Adam Ludwin have built this business from start-up in a very competitive space in only six years.
Backed by Beringea, Endeit Capital and Unilever Ventures
Developer of advanced location technology, providing businesses with data and behavioural insights.
Founder Greg Isbister and his team have built and held a leading position in the global location-based behavioural analytics sector, successfully internationalising across some exceptionally competitive jurisdictions and showing very strong revenue growth. The business is a great marker of the UK as a centre of excellence in the marriage of technology and marketing.
Backed by Better Capital
Manufacturer of finished machined and fabricated detailed parts made from hard and soft metals.
Working with Better Capital since 2010, Nick Sanders and his team have transformed the company, both by taking a UK business and making it fully international, and also by investing in quality at every level. The company was recently ranked as Airbus’ No. 1 supplier and has an order book in excess of US$1 billion.
Tom Allchorne, Director, Communications, BVCA
+44 (0)20 7492 0407
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TOM ALLCHORNE, DIRECTOR