NVM Private Equity (“NVM”) has invested more money across the North of England this year than in any
previous year, with an investment of £41 million into three businesses.
The three Northern deals comprise:
- Inprova – a leading technology and data enabled procurement services business operating across
private, public and third sector organisations.
- YorkTest – a leading health and wellness company with over 40 years of expertise in food
intolerance and allergy testing in the home-to-laboratory test market
- Easby Group – a specialist electronics distributor and service provider operating in the electronics
The deals have been led by Andy Leach and Oliver Wildig from NVM’s Manchester office and Mauro
Biagioni from NVM’s Newcastle office. Andy Leach was recognised as Dealmaker of the Year in the recent North West Insider Awards.
NVM invests into UK based businesses requiring equity investment of between £7.5 million and £20
million and specialises in helping to professionalise and scale regional SMEs. The firm is approaching its 40th year in private equity investment with its investment team continuing to demonstrate their passion for backing great regional businesses.
Mauro Biagioni, Investment Partner and Chief Operating Officer of NVM said – “As we approach the end
of 2022, we are delighted to be closing the year out with three new investments from our institutional
fund, and one stand-out exit delivering a multiple of 7.4x for our investors. Despite challenging headwinds
in the UK environment, our portfolio management teams have responded brilliantly to the challenges in
front of them. We look forward to partnering with more regional management teams through 2023.”
NVM Private Equity (“NVM”) – NVM is independently owned with over 30 years’ experience of investing in the UK SME market. We are a generalist investor, currently investing from an institutional fund, and are differentiated by having executives living and working in regional business communities throughout the UK. We invest into UK based businesses requiring equity investment of between £7.5 million and £20 million and are actively seeking to both identify and support ambitious management teams realise the potential in the businesses they run. The teams we back may be looking to grow organically, acquire another business or secure a management buy-out. https://nvm.co.uk/