NorthEdge Capital has announced a series of promotions as the firm continues to strengthen its presence in the regions following an active period of investments.
Jon Pickering takes on the role of head of new business, while both George Potts and James Marshall have been promoted to investment directors and Greg Holmes has been promoted to investment manager.
Jon Pickering joined NorthEdge in 2013 and has been involved in the majority of the firm’s North West investments and exits to date. Jon will retain his role as Head of the North West, whilst also overseeing the new investment activity regionally from both NorthEdge’s buyout and SME funds.
Having joined the firm in the Manchester office as an intern in 2011, George Potts was one of NorthEdge’s first employees. He has since been involved in eight new investments, two exits and seven board roles, as well as taking responsibility for the firm’s award-winning approach to ESG.
Fellow investment director James Marshall, based in the firm’s Leeds office, has worked on a number of transactions since joining in 2014, including Helplink’s exit and investments in East Coast Concepts, Belfield, Platinum Stairlifts and iPortalis.
Greg Holmes joined NorthEdge’s Manchester team from PwC in 2016 and has worked across a range of deals including Future Industrial Services, Cubic Motion, Prohire and the exit of DW3.
The appointments follow an active 2018 for the lower mid-market private equity house, which completed nine transactions with a total value in excess of £200m.
This includes the investment in Manchester-headquartered Cloud Technology Solutions (CTS), the European cloud transformation and infrastructure specialist; investment in Keighley-based stairlift designer and manufacturer Platinum Stairlifts and the sale of Stoke-based premium door and window systems provider DW3 to Masonite International Corporation.
Ray Stenton, managing partner at NorthEdge, said: “These promotions highlight how invaluable each member has become to the NorthEdge team, being integral to many of our most high profile and successful transactions. Our business continues to grow, and I am delighted that we have been able to develop such exceptional talent within our team.
“These promotions are richly deserved, and we look forward to seeing what the next chapter of development at NorthEdge brings for Jon, George, James and Greg.”