Next Wave Partners, the growth capital investment firm, has announced the appointment of Mark Cappell as a Senior Adviser.
Mark Cappell has had a highly successful career as CEO of a number of software companies including Smartstream Technologies, which was private equity backed and sold to DIFC for £250m in 2007. Since then Mark has been CEO of 5 private equity backed companies and has added over £300m in value to investors. In addition, he has managed a significant number of due diligence and turnaround engagements for private equity firms.
Mark Cappell will join Next Wave Partners as a Senior Adviser, to provide Next Wave portfolio companies with strategic business advice and specific advice regarding their sales and marketing plans, including helping them with implementation where appropriate.
Carolyn Maddox, Partner at Next Wave Partners, commented: “We are delighted to welcome Mark as a Senior Adviser as he brings a wealth of management experience and insights, with a particular emphasis on sales and marketing, key to the growth of our portfolio companies. We very much look forward to working with Mark on a number of exciting projects within our portfolio.”
Commenting on his appointment, Mark Cappell said: “I am looking forward to working with the team at Next Wave Partners. 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 Senior Adviser.”
The addition of Mark Cappell to Next Wave Partners follows on the appointment of Oliver Hemsley, Founder and CEO of Numis Securities as a Special Adviser. It also builds on another highly successful year for the Firm. Next Wave portfolio companies have continued to perform well achieving over 30% weighted average growth in revenue and have benefited from continued investment, international expansion, new client wins and growth in profit margins.
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