SPTS Technologies wins three at BVCA awards

SPTS Technologies, a global leader in the semiconductor market, has picked up three awards as part of the seventh annual BVCA Management Team Awards.
The triple win includes CEO of the Year in Wales for SPTS President Kevin Crofton. Mr Crofton was appointed to the top job in February2014. He has been with the company since formation in 2009 and has played a vital role in growing the company into one of the foremost players in its sector. It has manufacturing facilities in Newport, Wales; Allentown, Pennsylvania; and San Jose, California, and across 19 countries in Europe, North America and Asia-Pacific.
It was for this global footprint SPTS picked up its second award for International Impact Management Team of the Year, alongside a third for Large Buyout Private Equity-backed Management Team of the Year.
SPTS was backed by private equity house Bridgepoint from 2011 until its sale to Orbotech in July 2014.
All of the winners in the Wales final are now automatically entered into the national contest, the results of which will be announced at a ceremony in London on 25 June.
The full list of winners for the Wales BVCA Management Team Awards:
Category |
Winner |
Backed by |
Large Buyout Private Equity-backed Management Team of the Year | SPTS Technologies | Bridgepoint* |
Mid Market Private Equity-backed Management Team of the Year | Peter’s Food Service Limited | NBGI Private Equity |
Venture Capital-backed Management Team of the Year | Wales Environmental Limited | Finance Wales |
International Impact Management Team of the Year | SPTS Technologies | Bridgepoint* |
Exit Management Team of the Year | Penn Pharma Group Limited | LDC |
Community & Environmental Action | Wholebake Limited | Finance Wales, Bridges Ventures** |
Best for Innovation | Creo Medical | Finance Wales |
CEO of the Year | Kevin Crofton, SPTS Technologies | Bridgepoint* |
*SPTS Technologies wassold by Bridgepoint in July 2014 to Orbotech
** Wholebake was soldby Finance Wales in July 2014 to Bridges Ventures
David Staziker, Chair of the Wales judging panel and Technical Director at Finance Wales, said:
“A fantastic effort from the Welsh private equity and venture capital community has resulted in a group of winners of this year’s BVCA Management Team Awards that reflect Wales’dynamic and enterprising spirit. I’m pleased to see so many excellent companies making a significant contribution to both the Welsh and UK economies. Congratulations to all the winners and I wish them the best of luck in the national finals on 25th June.”
Alistair Wardell, who heads up the Grant Thornton team in Wales, said:
“We are delighted to once again support the BVCA Management Team Awards and it was great to see so many dynamic and innovative companies shortlisted in Wales. The growth and success of these companies has been driven by outstanding, dedicated and talented management teams, and demonstrates how successful private equity support can be. Congratulations to all of the winners and good luck in the national finals.”
Notes to editor
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- 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 revealed at the ceremony in London on 25 June 2015. Please click here for more information.
- The Wales judging panel consists of: David Staziker (Chair), Finance Wales; Guy Davies, WestBridge Capital; Julian Dennard, Technology Venture Partners; Jane Houghton, BVCA; Peter Latham, LDC; Paul Oldham, Business Growth Fund; Alistair Wardell, Grant Thornton.
- 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 500 member firms, representing the vast majority of UK-based private equity and venture capital firms and their advisers.
- 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. </code=1>