26 corporate finance
Rolfe joins NVM to lead investments
David Rolfe has been appointed as NVM Private Equity’s (NVM) investment partner for the south of England. He will be responsible for generating investment opportunities and managing NVM’s existing portfolio across the region
Rolfe joins NVM from his role as PwC director in corporate finance responsible for leading deal activity in the South East. He has 15 years’ experience with PwC, exclusively in the south, having spent the past 12 years in a lead advisory role in corporate finance; advising both local private businesses and private equity houses on mid-market M&A transactions. Recent deals include the sale of Wallingford Software, IBS OPENRevenues and Reed Exhibitions’ Aerospace and Defence portfolio. Rolfe’s private equity deals include the acquisition of 4Projects, Independent Clinical Services and Stone Computers and the sale of Capula and Aspective.
In 2011, he was voted Dealmaker of the Year in the Thames Valley and Solent Deals Awards.
Martin Green, managing director of NVM, said: “We are delighted to welcome David to NVM’s
regional investment team. He has built up strong relationships across the south over the years and has a successful track record of
Corporate finance deals and the economic outlook for the Thames Valley
Over the past six months, the corporate team at Pitmans has experienced an increasing volume of corporate transactions, both acquisitions and disposals, and for a variety of businesses, writes Andrew Peddie, partner, corporate and Carolyn Butler, solicitor, corporate
Although wary of reading too much into this, we were intrigued to find that our impression of deal-flow in the region is reflected by the Quarterly Economic Survey (QES) released by the British Chambers of Commerce in recent weeks, which reports encouraging results for the first quarter of 2012. The survey, comprising almost 8,000 responses from businesses across the UK, shows a welcome improvement on the results of the last quarter of 2011. It is interesting to speculate what implications this has for deal doing generally.
According to the Thames Valley Chamber of Commerce, the picture in the Thames Valley region shows an improvement
www.businessmag.co.uk
in turnover and profitability that reflects the continued stability experienced in the region throughout the past couple of years. Commenting on the QES, Clair Prosser, policy executive of the Thames Valley Chamber, has said: “It’s encouraging to see that businesses are feeling more confident at the start of 2012 than they were at the end of 2011. But that underlines the need to support and foster growth and investment by companies to ensure that the increases we have seen in the first quarter continue.”
The results also reflect Pitmans' findings in its ‘Funding Your Business’ survey earlier this year, in which Thames Valley businesses predicted 2012 as a year of
THE BUSINESS MAGAZINE – THAMES VALLEY – JUNE 2012
growth, while those outside the region anticipated a slow to moderate year.
Details:
Andrew Peddie 0118-9570321
apeddie@pitmans.com
Carolyn Butler 0118-9570234
cbutler@pitmans.com
working with private equity in the region – so will be a valuable addition to the team.“
Rolfe commented: “Having worked in the region for 15 years I genuinely believe in the market opportunity for a regionally-based brand such as NVM. NVM has a strong investment team that is well-respected in the market and I am really looking forward to working alongside it.“
NVM is independently owned with over 27 years’ experience of investing in unquoted UK businesses. It is a generalist investor, managing over £200 million of funds, and is differentiated by having executives living and working in regional business communities throughout the UK. NVM seeks investment opportunities in UK businesses which have the right mix of growth potential and market vision. They may be looking to grow organically, acquire another business or secure a management buyout. Typically, NVM looks to invest between £2m and £10m in each transaction.
Details: David Rolfe 0845-272-7013
david.rolfe@
nvm.co.uk www.nvm.co.uk
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48