Tag Archives: buyout

Appointments, News

Palatine expands London Buyout team

Palatine has strengthened its team with the appointment of Danielle Garland as Investment Director in its Buyout team based in London.  

Danielle joins from Mobeus Equity Partners having worked in M&A since 2008. At Palatine, she will be responsible for deal origination, execution, and working with management teams to deliver their strategy post investment. 

Throughout her career, Danielle has been a passionate advocate of increasing diversity in the profession, founding a series of highly successful events that connect female investors, founders and advisors within the private equity community. She will continue to drive this ambition forward at Palatine, given the firm mirrors her own stance on diversity, inclusion and impact investment.  

She said: “There is an impressive, collaborative and down to earth approach at Palatine that I wanted to be a part of. I enjoy working with great businesses to help them grow and ensuring that the people strategy is in place to achieve that and I am very excited to start this next chapter in my career here.” 

Partner Tony Dickin said: “We are delighted that Danielle has joined us, bringing significant experience in key sectors such as business and financial services and also a shared passion for sustainable value enhancement and collaboration to our growing team in London.”

The firm recently appointed Carly Sinicrope as an Investment Manager in the London office, while Rupert Brown has moved from the Buyout to the Impact team. 

Appointments, News

Palatine strengthens buyout and impact teams

Palatine has grown both Buyout and Impact teams within its business, following an active first quarter of the year.

Rupert Brown has been promoted to Senior Investment Director and moves across to the Impact team, whilst the Buyout team has welcomed new recruit Carly Sinicrope as Investment Manager. Both will be based in the London office.

Rupert has been a part of the Palatine team since 2016, working on new deals and with portfolio companies where he has been an advocate of promoting sustainability. Like all members of the team, Rupert is driven by impact investment and will offer the Impact team a senior resource with a number of years’ experience across a wide breadth of markets.

He said: “Palatine sees private equity as a force for good. It is the synergy of a focus on returns with doing the right thing that has led to so much success within Palatine and across the portfolio.

“As I move across to the Impact team, it is an exciting next chapter. Palatine continues to strive for sustainable growth with a commitment to the environment and society. I look forward to working with portfolio management teams to elevate their future business plans through impact investment.”

Carly joins the firm from corporate finance advisor Clearwater International, where she was embedded within the M&A team and advised on deals including Palatine’s investment in global sustainability consultancy Anthesis.

At Palatine she will play a role in sourcing new business opportunities and collaborating with management teams to implement strong value enhancement strategies. Her appointment follows Palatine successfully raising its fourth Buyout fund in 2020.

Carly has a Masters degree in Climate Change Management and Finance from Imperial College London, and was attracted to Palatine due to the firm’s reputation, strong brand values and pioneering approach to sustainability.

She said: “Palatine has an industry leading approach to private equity investing with a strong focus on relationships, value enhancement and embedding a strong ESG performance.  Having worked closely with the team on some significant transactions they were the natural choice for my move into private equity.”

Partner Tony Dickin said: “Carly and Rupert are both great additions for the Buyout and Impact teams. Their clear passion for sustainability aligns with our own positive equity ethos and I am sure both will play a key role in driving sustainable growth across our portfolio.”

News

Born Social announce buyout and two new senior hires

Leadership team become majority shareholders

Born Social, the award-winning social media agency, has today announced a management buyout with the six-strong leadership team taking a 75% share of the business.

Founded by Rob O’Donovan and Ben Gateley in 2012 as part of start-up studio, The Eleven, Born Social has grown into one of the UK’s foremost social media agencies managing campaigns for a roster of big-name brands including: Kopparberg; Nando’s; Wagamama; Tinder and Snickers.

The leadership team (from left to right) is made up of Dan Jarrett, Executive Finance Director and Partner; Abbey Mills, Executive Client Services Director and Partner; Ben Tyson, CEO and Partner; Charlotte Hamill, COO and Partner; Callum McCahon, Executive Strategy Director and Partner and Paddy Smith, ECD and Partner. The founders, Rob and Ben, will retain a 25% stake but will no longer sit on the board.

Commenting on the decision to move to a management-owned business, Ben Tyson says: “We’ve always prided ourselves on driving industry change with the belief that social will become the lead channel for the next generation of brilliant brands. And with an ambitious vision for continued growth, we knew we needed to have the right leadership and business structure in place and to invest in the very best senior talent.”

‘Heads-of’ announced

Alongside the shift in ownership, Born Social can also announce two new senior hires: Harry Fishwick as Head of Creative and Hannah Wolff as Head of Social Media Management.

Harry joins from TUI, the world’s number-one tourism business, where he held the role of Video Marketing Manager and Hannah joins from Three UK where she was lead creative in the social and PR team. They join a team that includes Essi Nurminen and Kate Higham who have been promoted to Head of Strategy and Head of Operations respectively and Ed Knights who is Head of New Business and Marketing.

“Since day one we’ve been a people-focused business and the creation of our Heads of team and internal leadership development programme allows us to continue along that path in a time where wellbeing and work satisfaction are being challenged by the ongoing pandemic” says Ben Tyson, CEO and Partner, Born Social “And this investment in building the next generation of leaders at Born Social is testament to the strength of our clients and teams. We now have an exceptional team in place to help drive the next phase of the business.”

Whilst 2020 was a challenge for every business, Born Social has continued to grow with employee numbers swelling to 56, year-on-year growth of 40%, a turnover of £4.5m and continued growth predicted for 2021.

The management buyout was completed for an undisclosed sum.

Acquisitions & Partnerships, Appointments, News

Born Social announce buyout – leadership team become majority shareholders

Born Social, the London-based social media agency, has today announced a management buyout with the six-strong leadership team taking a 75% share of the business.

Founded by Rob O’Donovan and Ben Gateley in 2012 as part of start-up studio, The Eleven, Born Social has grown into one of the UK’s foremost social media agencies managing campaigns for a roster of big-name brands including: Kopparberg; Nando’s; Wagamama; Tinder and Snickers.

The leadership team (from left to right) is made up of Dan Jarrett, Executive Finance Director and Partner; Abbey Mills, Executive Client Services Director and Partner; Ben Tyson, CEO and Partner; Charlotte Hamill, COO and Partner; Callum McCahon, Executive Strategy Director and Partner and Paddy Smith, ECD and Partner. The founders, Rob and Ben, will retain a 25% stake but will no longer sit on the board.

Commenting on the decision to move to a management-owned business, Ben Tyson says: “We’ve always prided ourselves on driving industry change with the belief that social will become the lead channel for the next generation of brilliant brands. And with an ambitious vision for continued growth, we knew we needed to have the right leadership and business structure in place and to invest in the very best senior talent.”

‘Heads-of’ announced

Alongside the shift in ownership, Born Social can also announce two new senior hires: Harry Fishwick as Head of Creative and Hannah Wolff as Head of Social Media Management.

Harry joins from TUI, the world’s number-one tourism business, where he held the role of Video Marketing Manager and Hannah joins from Three UK where she was lead creative in the social and PR team. They join a team that includes Essi Nurminen and Kate Higham who have been promoted to Head of Strategy and Head of Operations respectively and Ed Knights who is Head of New Business and Marketing.

“Since day one we’ve been a people-focused business and the creation of our Heads of team and internal leadership development programme allows us to continue along that path in a time where wellbeing and work satisfaction are being challenged by the ongoing pandemic” says Ben Tyson, CEO and Partner, Born Social “And this investment in building the next generation of leaders at Born Social is testament to the strength of our clients and teams. We now have an exceptional team in place to help drive the next phase of the business.”

Whilst 2020 was a challenge for every business, Born Social has continued to grow with employee numbers swelling to 56, year-on-year growth of 40%, a turnover of £4.5m and continued growth predicted for 2021.

The management buyout was completed for an undisclosed sum.