UK mid-market private equity house Dunedin has announced five promotions. Nicholas Hoare has been promoted to COO. Jon Ma, Oliver Bevan and Simon Rowan have been made investment directors. finally, Jamie Moodie has become senior associate.
Dunedin, the UK mid-market private equity house, today announces that is has made five promotions: Nicholas Hoare has been promoted to COO; Jon Ma, Oliver Bevan and Simon Rowan have been made investment directors; and Jamie Moodie has taken on the role of senior associate. The promotions recognise the contribution these five team members have made in helping to create value in the Dunedin portfolio.
The five have been extremely active in identifying opportunities and driving growth in the portfolio through bolt-on acquisitions (eleven in the past year), roll-outs and international growth.
Shaun Middleton, managing partner of Dunedin, commented: “These promotions demonstrate our ongoing commitment to nurturing the individual talent that we have at Dunedin and recognise the contributions that Nick, Jon, Oli, Simon and Jamie make to value creation in our portfolio.”
Nick Hoare joined Dunedin in 2007 and was involved in the buyouts of Red Commerce, CitySprint and Weldex. He sits on the board of RSL Steeper. In his role as COO, Nick will be responsible for the day-to-day running of operations within Dunedin.
In their new roles as investment directors, Jon Ma, Oliver Bevan and Simon Rowan will be responsible for sourcing and transacting deals across the UK and managing Dunedin portfolio companies. Jon Ma joined Dunedin in 2007 and has spent the last two years successfully managing Dunedin’s operations as COO. Jon has worked on the buyouts of Hawksford International, Formaplex and Enrich. Oliver Bevan also joined in 2007. Oliver worked on the buyouts of Hawksford International, CitySprint and U-POL and sits on the board of Practice Plan. Oliver worked on ten of the eleven portfolio acquisitions that were completed last year. Simon Rowan joined Dunedin in 2008 and was involved in the buyouts of Red Commerce and Weldex and sits on the board of CGI.
Jamie Moodie joined Dunedin in 2010. Jamie has had a particular focus on the business services sector. In his new role as senior associate he will be responsible for supporting the investment team in sourcing and transacting deals across the UK.
For further information, please contact:
Corinna Osborne 07825 326 440
Jane Kirby 07825 326 441
Dunedin is a leading UK mid-market private equity investor targeting UK buyouts with a deal size of £20m to £75m. Dunedin writes equity cheques of between £10m and £50m, with a sweet-spot of £25m.
Dunedin focuses on a number of sectors, using its depth of knowledge to understand the market drivers and to build relationships with management teams, key industry participants and influencers. The firm has enjoyed particular success in the industrial, business services and financial services sectors, completing eleven bolt-on acquisitions in 2011 in order to drive the growth and internationalisation of its investee businesses.
Located in Edinburgh and London, Dunedin has a new investment team comprising 16 investment professionals with approximately 200 years of private equity experience between them.
Dunedin has more than £400m under management. This is managed on behalf of three limited partnership funds and a publicly quoted investment trust. These funds are backed by more than 20 institutional investors from the UK and Europe and, in the case of the investment trust, by over 5,000 institutional and individual shareholders.