Next Wave Partners, the growth capital investment firm, has announced the appointment of Oliver Hemsley as a Special Adviser.
Oliver Hemsley has had a highly successful career, most recently as the Founder and CEO of Numis Securities which began trading in 1989. Oliver grew Numis to become one of the leading brokers and advisers to UK listed companies with offices in London and New York, over 200 employees and a market capitalisation of over £270 million.
Oliver Hemsley will join Next Wave Partners as a Special Adviser, to provide counsel and strategic advice to the Firm and contribute his expertise and insights with respect to target investment markets and business sectors relevant to Next Wave’s focus. Oliver Hemsley first worked with Next Wave when Numis acted as an adviser to its portfolio company, Petainer.
Jonathan Brod, Managing Partner of Next Wave Partners, commented: “We are delighted to welcome Oliver as a Special Adviser as he brings a wealth of management experience and insights into the growth financing market. We also look forward to working closely with Oliver to scale up Next Wave’s own business and funds under management. We very much look forward to working with him over the coming years.”
Commenting on his appointment, Oliver Hemsley said: “I have known the team at Next Wave Partners for a number of years following our collaboration with their portfolio company, Petainer. The Firm’s investment strategy, which focuses on transformational growth capital for fast growing UK service and manufacturing companies, is of particular interest to me and I am therefore delighted to be invited to join the Firm as a Special Adviser.”
The addition of Mr Hemsley to Next Wave Partners builds on another highly successful year for the Firm. During 2016, Next Wave portfolio companies continued to perform extraordinarily well achieving over 30% weighted average growth in revenue. Next Wave continued executing on its strategy of investing in growth businesses concluding the acquisition of RoofMaker and follow-on financings for Petainer, the Delivery Group and Future Thinking. The Firm also generated realisation proceeds of over €40 million during the year.