NorthEdge appoints two new partners amid an array of senior promotions
Lower-mid market private equity firm, NorthEdge, has made a series of promotions and a new appointment across its Manchester, Leeds and Birmingham offices, including the appointment of two new partners – Lucie Mills and Phil Frame.
Lucie has been instrumental in driving NorthEdge’s value creation approach and embedding it across the portfolio since joining the business in 2019, as head of business transformation.
She will continue to work closely with portfolio management teams to deliver on their value creation plans, as well as build on NorthEdge’s ESG credentials, which recently saw the firm achieve top performer status in the ESG Transparency Index and shortlisted in the D&I Leader of the Year category at The Private Equity Awards. Her appointment also reflects the increasingly diverse nature of NorthEdge’s leadership team.
Phil has been part of the NorthEdge team for over ten years. He has been responsible for a range of deals across the North West and currently sits on the boards of portfolio businesses Helios and Meet. In his new role he will continue to take responsibility for generating new investment opportunities for the firm, alongside leading deals across the region.
Other promotions in the Manchester office include Dan Matkin and Charlie Page to director and chief financial officer (CFO), respectively.
Dan joined NorthEdge in 2016 and recently won the Rising Star of the Year at the North West Rainmaker Awards 2021. He has been involved in a number of investments and is currently a board member at CMap, Cloud Technology Solutions and Abbey Logistics.
Charlie joined NorthEdge as financial controller in 2017 after qualifying as a Chartered Accountant at Deloitte. As the CFO, Charlie will lead the day-to-day financial activity in the firm.
James Marshall has been promoted to director in the Leeds office. Since joining NorthEdge in 2014, James has been involved in several new investments including Belfield Furnishings, Platinum Stairlifts, iPortalis, Catalis and Lights4fun, where he currently sits on the board. The role will see James continue to identify high growth businesses across Yorkshire and the North East to join NorthEdge’s portfolio.
Kevin O’Loughlin, based in the Birmingham office and named as Emerging Dealmaker of the Year at the 2021 Midlands Dealmakers, has also been promoted from investment director to director. He has been involved in a number of investments, including the acquisitions and exits of Orbis Protect and Bridge Farm, and currently sits on the board at Altia and ICP.
Meanwhile, Matthew Mellon joins the business as an investment manager. Matthew brings experience from his previous roles at AGC Equity Partners and J.P. Morgan. In his new role, Matthew will be responsible for supporting new investment opportunities and growing NorthEdge’s portfolio.
Ray Stenton, managing partner at NorthEdge, said: “2021 was a fantastic year for NorthEdge – delivering two successful exits and completing five new investments across three of our core sectors – Healthcare, Technology, and Business Services.
“We want to build on this success by continuing to invest in our people and our portfolio. Therefore, we are thrilled to announce these promotions and appointments which reflect the hard work of our team and our collective commitment to building better businesses.”