GCP adds to its Investment team

Growth Capital Partners (GCP), the provider of flexible debt and equity to the UK’s small to medium sized businesses today announces the appointment of Alex Thomson as an Investment Manager. Alex joins from Investec Investment Banking.

At Investec, Alex spent four years in the Corporate Finance department working on a range of public and private transactions, principally in the consumer and healthcare sectors. Prior to this, Alex qualified as a chartered accountant with PwC, working in the Banking & Capital Markets and Forensic Services divisions.

Alex commented: “As a first move into private equity, I was keen to join an investor with an innovative approach to funding businesses and the ability to execute deals in all market conditions. GCP is in a strong position to do this as it does not rely on third party bank debt and provides the majority or all of the funding in any transaction. I was also keen to be involved with small and medium sized businesses where there are some excellent value growth opportunities. GCP has recently raised its third fund at a level of £160m and is therefore well placed to make investments.”

Bill Crossan, Managing Partner of GCP, commented:

“We have made enormous progress this year. Since January, we closed our third fund which was oversubscribed, we successfully exited two businesses and we have increased the size of our team – all of which send a clear message that we are well placed to do deals in the UK lower mid market and endorses our innovative approach to investing across the capital structure. We are delighted to have Alex on board and welcome him to the team.”

GCP have been named joint winners in the 2011 unquote” Awards’ Fundraising category.