Richard leads GCP’s investment activity in the TMT sector and plays a central role in new deals and portfolio management across the firm. He led the recent Fund IV investment in Arrow, a business communications service provider and also the Fund III investment in FLYdocs, a provider of aviation records management software, where he managed the successful strategic exit to Lufthansa Technik.
Richard has 15 years’ experience of working with UK SME businesses and joined GCP in April 2012. Prior to this he held M&A, banking and restructuring advisory roles at Clearwater Corporate Finance and Grant Thornton, where he qualified as a chartered accountant.
Richard commented: “I am thrilled to be stepping up to this role at an exciting time for GCP. We have an excellent team and continue to successfully build on our 18 year track record of supporting growth businesses with a differentiated and flexible partnership funding approach. GCP is truly an entrepreneurial business and it is great to be able to use our experience and funding firepower to support likeminded management teams with their growth plans”
Garrett Curran, Managing Partner of GCP, commented: “Richard’s dedication, enthusiasm and investment insight have been invaluable since joining the firm and I am delighted to welcome him to the partner group to help lead the business now and in the future.
This promotion adds to the significant recent investment and enormous progress in our business, having closed our fourth fund ahead of target in 2017 and made 5 investments from it to date. This success endorses our innovative approach to investing across the capital structure and we remain ideally placed to deliver funding solutions for lower mid-market deals.”
GCP held a final close in 2017 of its fourth private equity fund ‘Growth Capital Partners Fund IV LP’ at £205m