4/11

Sovereign expands investment team with second hire in five months

20/10/11

Sovereign Capital, the UK private equity Buy & Build specialist, today announces the appointment of Rob King as Investment Manager. This is the firm’s second investment team hire in five months, following Manish Miglani joining in May this year.

Prior to joining Sovereign, Rob spent four years in the Investment Banking division of Rothschild. He has worked on private equity backed and plc mid-market deals across a broad spectrum of sectors, including areas of focus for Sovereign such as business services and healthcare. Previously Rob spent three years in the Corporate Finance division of Brewin Dolphin. He holds a degree in Economics from the University of Manchester.

Rob will focus on executing Sovereign’s proven Buy & Build growth strategy. Sovereign’s expanding investment team reflects the firm’s strong deal flow, with more than 20 platform, bolt-on and roll-out transactions completed so far this year. Recent investments include the bolt-ons of Drury PSM to risk management, compliance and certification service provider Alcumus Group and International College Spain to international schools group, World Class Learning Group.

Commenting on the appointment, Andrew Hayden, Managing Partner, said: “We are delighted to welcome Rob to our expanding investment team, which is now 22 strong. Rob’s skill base and experience compliment the broad range represented across our team and will be particularly valuable as we continue with our active deployment of Fund III.”

For further information please contact: Julie Sieger, Sovereign Capital, on +44 (0)20 7340 8800 or email:juliesieger@sovereigncapital.co.uk