Lower-mid-market private equity firm, NorthEdge, has announced the appointment of a new Partner, promoting Andy Skinner, as it looks to continue driving growth across the Midlands.
Andy will be responsible for continuing to scale up the business’ operations across the Midlands, furthering NorthEdge’s commitment to investing in the UK regions.
Holding more than 20 years’ experience in M&A, Andy first joined NorthEdge in 2016, before being promoted to Director, Head of Midlands in 2020. Since joining the business, Andy has led NorthEdge’s growth in the region, expanding the investment team; building a strong network of trusted partners and advisors; and supporting Midlands-based businesses including Phoebus Software Limited, a software and services provider which supports customers to manage lending and savings products in the financial sector; Corella, an innovative technology and data services business which aims to create a more sustainable energy sector; and Friend MTS a leading global provider of content protection technology solutions.
Andy has also helped NorthEdge to build momentum in its healthcare track record, supporting the firm with its investment in sterile injectable contract manufacturer Torbay Pharmaceuticals and the exit of Direct Healthcare Group.
Ray Stenton, Managing Partner at NorthEdge said: “Andy has been a valued member of our team and has spearheaded the growth of our Birmingham office since he joined back in 2016, so we’re delighted to appoint him as Partner in the firm.
“This promotion also demonstrates our passion and commitment to investing in the UK regions, we are sure that under Andy’s guidance we can continue to expand our Midlands presence.”
Andy added: “I am very proud of what we have achieved since opening in the Midlands, investing in some fantastic companies across the region, backing founders and entrepreneurs to help them build better businesses, whilst also building a really strong team here at NorthEdge. This promotion is hugely exciting for me personally and reinforces our desire to build the leading independent Private Equity firm dedicated to investing in the UK regions.”
“There is so much opportunity in the region from a healthcare and technology perspective, with the West Midlands representing the fastest growing tech sector in the UK and the Midlands being home to over a quarter of the UKs MedTech businesses, so I look forward to leading the team to build on the success of our track record in these sectors over the coming years.”
For more information visit: https://northedge.com/
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About NorthEdge
NorthEdge is a lower mid-market private equity firm headquartered in the North, owned, and built by its senior team, supported by a global blue chip investor base. They have £900m AUM across four regionally focused funds.
With presence in Manchester, Birmingham and Leeds, the NorthEdge team has a 25-year track record of investing in businesses with ambitious management teams and significant growth potential.
NorthEdge looks to invest in like-minded businesses and management teams who have real ambition and the potential to shape global markets. They back management teams, in the Technology, Healthcare, Business Services and Specialised Industrials sectors, who recognise the value of having an experienced business partner alongside them, supporting them to build a better business.
