Well-known dealmaker joins growing SME private equity house

David Wrench

YFM Equity Partners (YFM), which has offices in Leeds, Manchester, Birmingham and London, has appointed David Wrench as an investment director as it continues to expand its investment team.

David is joining the team to invest in growth capital and buyout opportunities, and his appointment follows the recent raising of a new £80m YFM buyout fund.

David joins YFM from BDO where he was managing director in the firm’s Reading office and focused on advising growing businesses in the UK lower mid-market. He led various transactions whilst at BDO including the buyout of Capital Economics, a growth capital fundraise for Assuria and the sale of SecurEnvoy.

“We know David from working with BDO on previous transactions and we are confident that with his hands on, supportive and collegiate approach to businesses, he’d be a great fit for the growing investment team at YFM,” said partner Jamie Roberts.

“Having recently closed the fundraising on our new fund, and with significant cash on the balance sheet of our VCTs for growth capital investments, we are keen to continue to increase our capacity to invest in, and support growing businesses in the UK.”

David said: “Having known YFM for a long time, I was aware of their impressive track record helping boards grow businesses, and their continued focus on regional investing.

“I am excited to join a team that has a reputation within its portfolio of being a trusted and supportive business partner rather than simply an investor. With the recent successful close of a new £80m buyout fund, it’s a very good time to join YFM as they continue to explore opportunities to invest in growing businesses nationwide.”

YFM typically invests between £3m and £10m per transaction into businesses with strong growth potential located across the UK regions through its network of offices.

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