The Northern team at private equity house Livingbridge have seen an active 12 months, with five new investments worth £113m in total.
This activity from the Northern team makes up almost half of the firm’s total activity, having completed 11 new deals nationally.
Livingbridge, which has UK offices in Manchester, Birmingham and London, has completed Northern transactions including the investment into Stowe Family Law, the acquisition of Manchester-based business In The Style, and an investment into Macclesfield-headquartered Superbike Factory.
Most recently, the firm invested in Manchester-based predictive software business Mobysoft, which aims to help social housing landlords predict which tenants will be late to pay rent.
Livingbridge has continued to strengthen its Northern investment team to support its expanding pipeline of deal activity. Earlier this year, Livingbridge added Charlie Ross from PwC, while Matt Jacobs relocated from the firm’s London office.
Pete Clarke at Livingbridge, said: “This has been a hugely successful year for Livingbridge’s Northern team, working alongside some extremely talented management teams and completing some outstanding investments. To have been involved in almost half of the firm’s total activity is exceptional, and is testament to the work ethic and quality of our investment team.
“We operate a very different investment strategy to most other private equity houses, creating our deal teams by the sector and situational expertise of the individuals rather than purely on geographic location. This ensures that we have the most knowledgeable teams able to add the greatest value to each deal, whether based in Manchester, London or Birmingham.”
Our BQ Bulletin emails will land in your inbox at 7.30am, Monday to Friday, with a mix of the latest local business news, national news, and features to inspire you. Sign up here!
Click here to read our privacy statement