A series of short reports from Directorbank on the role of the PE Chairman encompassing the views of 240 experienced Chairmen and 30 Private Equity Investors.

In a series of reports, we explore the role of the PE Chairman – the draw, the required skill set, the opportunities and the challenges, particularly concerning the relationship with the CEO, the wider management team and the backers.

240 PE-experienced Chairman and 30 private equity investors took part in the research and shared their views with us. Direct quotes and anecdotes are highlighted throughout our series of mini reports.

The first report answers the following question: ‘At what stage does a Chairmen like to get involved in a pre-deal situation? As early as possible or when a deal is imminent?’ We also question PE investors to get their views.

To download the findings, click here https://www.directorbank.com/store/Chairman-Survey-Part1.pdf

Directorbank congratulates Rutland Partners on the sale of Millbrook Testing – the market leader in automotive testing, design and engineering – to Spectris plc for an impressive 6x return on investment.

Back in 2013, Rutland approached Directorbank to source an Executive Chairman for Millbrook. They required a highly experienced candidate with solid sector and PE understanding to help transform and grow the business and prepare for a successful exit. We introduced John Notman-Watt, former CEO of CBPE backed Stewart Holdings Group, to the Rutland Partners team during the process and he was successfully appointed to the role.
 
This placement again highlights our ongoing success in placing high calibre, entrepreneurial candidates on behalf of our PE clients.

For more information on our executive search and pre-deal recruitment services, please contact:

Simon Thomas, Director
020 7255 7940, s.thomas@directorbank.com

Directorbank congratulates Lyceum Capital, along with their Management Team, on the recent sale of Adapt, the award-winning infrastructure services provider and cloud integrator.

Since Lyceum’s investment in September 2011, when they acquired a majority stake in a £30 million transaction, Adapt has achieved double digit growth and 25% EBITDA and has become a market leader in its field. We are proud to have supported this success by appointing the CFO early last year.

Lyceum Capital approached Directorbank to source a strong PE-experienced CFO to support Adapt’s ambitious growth plans and after a comprehensive 6-week search process we appointed Troels Henriksen to the role.

This placement demonstrates our strong expertise in the PE market, and our ability to place high impact, proven candidates within agreed timescales.

For more information on our executive search and pre-deal recruitment services, please contact:

Simon Thomas, Director
020 7255 7940
s.thomas@directorbank.com

ARE YOU BREXIT-READY >>
Checklist of positive actions to help businesses mitigate risk and be fully prepared to take advantages of any opportunities afforded by future changes in legislation.

The UK’s decision to leave the EU will undoubtedly impact UK policy and legislation and affect the strategy, processes, assets and people of businesses across the country.

As to when the Government intends to trigger Article 50 and start the formal process of withdrawing from the EU remains uncertain, however current speculation suggests this won’t happen until 2017 at the earliest. One thing we can be sure of is that change will be implemented slowly.

Without knowing the outcome of negotiations, it’s difficult for businesses to plan a strategic way forward. Irwin Mitchell, an established corporate law firm with a strong reputation for M&A and private equity investment work, has prepared a very useful checklist of positive actions to help businesses get Brexit-ready. This covers areas such as commercial contracts, financial position, protection of assets, employment and immigration, pensions and tax.

To download, click here > Brexit Checklist Aug 2016