The northern team at Livingbridge have enjoyed an active 12 months, with five new investments worth a combined £113m.
This represents almost half of the firm’s total activity across the UK, having completed 11 new deals nationally.
Livingbridge, which has UK offices in Manchester, Birmingham and London, has completed northern transactions including:
- The February investment into Stowe Family Law, the largest family law firm in the UK. The funding will enable the Harrogate-based firm to open up to 30 additional offices in the next five years.
- An investment into Macclesfield-headquartered Superbike Factory, a multi-channel supplier of used motorcycles. The deal will help the company open a new site in the south, as well as raising brand awareness through marketing activity.
- Most recently, the firm invested in Manchester-based predictive software business Mobysoft, which aims to help social housing landlords predict which tenants will be late to pay rent.
Livingbridge has continued to strengthen its northern investment team to support its expanding pipeline of deal activity. Earlier this year, Livingbridge added Charlie Ross from PwC, while Matt Jacobs relocated from the firm’s London office.
Pete Clarke at Livingbridge, said: “This has been a hugely successful year for Livingbridge’s northern team, working alongside some extremely talented management teams and completing some outstanding investments. To have been involved in almost half of the firm’s total activity is exceptional, and is testament to the work ethic and quality of our investment team.
“We operate a very different investment strategy to most other private equity houses, creating our deal teams by the sector and situational expertise of the individuals rather than purely on geographic location. This ensures that we have the most knowledgeable teams able to add the greatest value to each deal, whether based in Manchester, London or Birmingham.”