Clifford Thames management team celebrated being awarded South East Mid-Market team of the year at the British Private Equity & Venture Capital Association (BVCA) Management Team Awards, produced in association with Grant Thornton UK LLP last night.
The Awards recognise and reward brilliant businesses backed by UK private equity and venture capital investors up and down the country.
The event attended by senior industry figures, parliamentarians and major players in corporate Britain saw Clifford Thames celebrate alongside 4 other winners, Pizza Hut, Captify, Blis and Hollywood Bowl.
Since supporting Clifford Thames in 2014 through a management buyout, LDC’s investment has allowed Clifford Thames to refresh the brand and push new business initiatives. The judges said “Since the MBO Calvin Barnett and his team have truly embraced the freedom and resources available through private equity backing. They have taken an established brand and through investing in technology, brand and acquisitions have transformed Clifford Thames into an international market leader.”
Calvin Barnett, CEO comments, “Being acknowledged and nominated was great but actually winning is fantastic. We’re thrilled that the teams hard work and dedication has been recognised externally and feel incredibly proud of this accolade.”
LDC-backed CIPHR and PEI Media were also shortlisted for Management Team Award ast the BVCA Management Team Awards in the South East. CIPHR were recognised as Chris Berry and his team have built a very successful, profitable HR software business, working closely with LDC since the MBO. The judges particularly noted the impressively executed transition to SAAS, generating high levels of repeat revenues.PEI Media were recognised as the team have built a market-leading, highly identifiable publications group across verticals in private equity, infrastructure, debt and other investment sectors. The judges were impressed with their commitment to continuous investment in products through the recession and the breadth of the senior management team, together with their strong employee culture.