- Investor ready to partner with ambitious growing companies across a wide range of sectors
- Growing regional team, based in Leeds and Newcastle, are looking to build on recent flurry of deals
- Recent investments include a NE electronic components manufacturer, national mobility scooter retailer and innovative Leeds-based cyber security start-up
Leeds & Newcastle, August 2024: Foresight Group, the leading regional private equity and infrastructure investment manager, is ready to invest more than £120 million into ambitious, growing companies across Yorkshire and the North East.
With offices in Leeds and Newcastle, Foresight’s regional team has already invested close to £30 million in 2024. Recent deals include Teesside-based electronics specialist, Isocom Components 2004; Scunthorpe head quartered mobility scooter retailer, Eden Mobility; and University of Leeds spin-out, Cavero Quantum – a disruptive quantum cryptography technology pioneer.
Other well-known companies backed by Foresight include Halifax-based, facilities management company MSL Property Care Services; Leeds head quartered Roxy Leisure, the popular socialising chain; and Leeds-based Reward Finance, a fast-growing alternative lender to small and medium sized businesses.
Tavia Sparks, Investment Director at Foresight Group, said: “Yorkshire and the North East is a brilliantly diverse place for growing companies to thrive. We are seeing opportunities across a variety of sectors – from engineering and clean-tech to medical research and maritime services, to hospitality and leisure.
“With the support of our local investment partners in Yorkshire and the North East, our passionate and experienced teams in Leeds and Newcastle have significant funds to invest across the region to help growing companies create jobs and support their local communities with both economic and societal benefits.
“While we have an encouraging pipeline – as evidenced by the deals we’ve completed so far in 2024 – we are always keen to broaden our network and are excited to meet business owners and their advisers to discuss options.
“We see our investments as a genuine partnership with founders and management teams. Alongside investment, we provide support and guidance, often helping to build out leadership teams and enabling growing companies to recruit valuable skillsets. We also make key introductions and have a large network of experienced non-executives who can help founders and management teams to unlock growth and realise their ambitions by supporting them with advice, mentoring and sought after industry connections.”
Foresight invests in promising growing companies to meet the needs of founders, management teams and specialist lenders wherever they are on their funding journey. Foresight works with the growing companies it supports to enable founders and management teams to build resilient and prosperous companies that have a positive impact on the societies in which they operate. Its teams, located across the UK and Ireland, invest across all sectors and transaction types, working with growing companies to share operational insights, guidance and make strategic connections. This enables growing companies to build out senior leadership teams, hire additional employees, move into new markets and expand overseas.
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