Livingbridge secures double shortlist at Real Deals Private Equity Awards
The firm has been nominated for the UK House of the Year award, which recognises the overall achievement of private equity houses across the UK, including their progress, fundraising successes, and deal-flow.
During one of the most challenging years in recent history, Livingbridge supported its portfolio companies in navigating an ever-changing landscape by working closely with the management teams to overcome numerous unexpected challenges. Together, we were able to weather the storm exceptionally well and performed strongly.
In the face of turmoil, Livingbridge completed eight new investments and seven exits over 2020, as well as 18 bolt-on acquisitions, cementing itself as one of the UK’s most active PE firms. The company also expanded its own team during this time, in order to provide investee companies with further support and to guide them through a rapidly shifting environment.
Alongside the UK House of the Year nomination, Livingbridge’s exit of Hull-based Giacom has been nominated for UK Mid-Cap Deal of the Year. Livingbridge originally invested in Giacom through the Livingbridge 6 fund, selling it to Digital Sales Solutions in November 2020. Along with its robust financial return, the judging panel lauded the role Livingbridge played in Giacom’s dramatic growth, which has continued throughout the COVID-19 pandemic. The panel also noted the company’s positive impact in Yorkshire, where it currently ranks as the county’s fastest-growing company.
Wol Kolade, Managing Partner at Livingbridge said:
“Over an extremely testing year for everybody, we remained focused on investing in and supporting some of the most exciting and high-quality businesses in the UK. I am exceptionally proud of the way our investee companies and the team at Livingbridge have carried themselves over the past year. The nominations are a testament to our team’s hard work and professionalism during uncertain times.”
A panel of leading industry practitioners will be selecting the winners, which will be announced on 10th of September 2021 at The Grosvenor House Hotel in London.
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