Palatine promotions point towards a sustainable future

Palatine, a Manchester-based private equity investor is making plans for the future. This includes promotions of key staff, a targeted investing strategy, and the hiring three new senior recruits. The business has claimed one of its most active years of exits and investments in its 17-year history.

Gary Tipper, group managing partner at Palatine, said: “We are going into 2023 with a healthy investment pipeline and a targeted sector strategy focused on environmental, business services, financial services, health, education and technology businesses. We believe that our experience, decade-long commitment towards sustainability, and credentials of an Impact investor will continue be a key differentiator to mid-market management teams looking for partners for growth and investment.

Uniquely for a private equity firm Palatine has also achieved B Corp status in 2022, recognising the pioneering role and commitment to sustainable investing which underpins its brand purpose of ‘positive equity’. 

The Manchester-based private equity investor Andy Strickland has promoted Tom Ross-Jones has added Sam Fazakerley as its partner, in recognition of their commitment to the company over time. contribution to the business’ success.

James Painter, Tom Wildig, and James Painter were promoted to senior investment directors in the Greg Holmes is now an investment director for the Impact team’s Buyout team. Jeanne Capouillez has been promoted as Senior Executive Assistant.

The promotions follow a highly successful year across Palatine’s two fund strategies – the Buyout Fund and the Impact Fund – which saw the mid-market specialist make six new Investing and four exits. 2022 saw Palatine make 17 acquisitions Its focus on strategic buy and acquisition is evident in all its portfolio companies Build opportunities.

As the company prepares for more growth, it also announced a new structure. Senior team. Beth Houghton, who leads the firm’s Impact Fund, has been named Impact managing partner, while Ed Fazakerley becomes managing partner – Value Enhancement, reflecting his focus on driving growth, innovation and collaboration across the firm’s portfolio.

Tony Dickin becomes managing partner – buyout investment, a role that covers all new investments across the UK from the firm’s buyout funds. Andy Lees is now responsible for the firm’s deal origination and business development teams as managing partner – new business.

Gary Tipper added: “Being able to reward our Fantastic colleagues and recognize the importance of growth and development through these promotions. This is far and away the most satisfying result of an extremely busy and productive year. year for Palatine.”

In 2022 Palatine’s Buyout Fund invested in Midlands housebuilder Jessup, at-retirement My Pensions Expert adviser and Skills Alliance provider of life sciences workforce solutions provider Skills Alliance

Its Impact Fund invested its capital in Redmoor Health, a digital health services company. environmental services group Cura Terrae and Inclusive Employers, the UK’s first and A leading membership organisation that focuses on creating inclusive workplaces.

The firm also exited its investments with Veincentre CTS, Acora and Trade. Skills 4U.

Palatine, a UK private equity investor in the mid-market market, was founded in Manchester in 2005. It is focused on delivering sustainable growth through solid foundations that are committed to the environment and society. 

“We see private equity as a force for good. A positivity born of generating returns in the right way,” said Tipper.