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Ex-Gresham investment director joins Sovereign Capital investment team

Sovereign Capital, the UK private equity buy-and-build specialist, has announced the appointment of Tim Whittard to its investment team.


Sovereign Capital, the UK private equity buy-and-build specialist, has announced the appointment of Tim Whittard to its investment team.

Whittard joins Sovereign from Gresham Private Equity, where he was an investment director and completed a number of investments including Individual Restaurant Company and Olaer Group.

A chartered accountant by training, Whittard holds a degree in biochemistry and biotechnology from the University of Birmingham. He began his career at PricewaterhouseCoopers in corporate finance before moving into private equity, and cites Sovereign’s innovative approach, focus on buy and build and strong sector presence as key elements that attracted him to the firm.

‘We are pleased to welcome Tim, who brings a strong transactional capability and has an impressive track record,’ says Sovereign managing partner Ryan Robson. ‘Our investment team’s expansion reflects the pace of growth in our portfolio and the contribution we are making to the delivery of each company’s buy and build strategy.’

Sovereign Capital recently sold its investment in specialist insurance claims management service provider CMGL for GBP32m to the Capita Group in the first exit from Sovereign’s latest fund, Sovereign Capital Limited Partnership II.

Recent platform investments from the fund include the GBP16m institutional buyout of social housing maintenance provider Kinetics last December. Since the acquisition, Sovereign has completed two further acquisitions for Kinetics and, in common with the rest of the portfolio, the business continues to grow strongly.

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