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05.02.19

Sovereign makes fourth hire in recent months

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Sovereign Capital Partners, the UK private equity Buy & Build specialist, is very pleased to announce that Tom Wilding has joined the investment team to focus on seeking opportunities to back service-based businesses within the TMT sectors. This is the fourth appointment Sovereign has made to the investment team in recent months, further developing the firm’s expertise in investing in key service-based sectors, to scale businesses through organic growth, acquisition, or a combination of both.

Prior to joining Sovereign, Tom was with Guidepoint where he led commercial due diligence and corporate strategy projects for Private Equity clients in the UK and Europe. Tom’s appointment follows those of James Dargan, Nate Janks, and in December, Matthew Rowe. James joined from Lazards where he worked in M&A, specialising in Technology and Education. Nate was previously with the corporate finance team at Numis Securities, where he spent approaching five years advising clients on aspects of M&A and fundraising. Matthew joined Sovereign having spent four years exclusively in the UK M&A Advisory team at Barclays, primarily in the TMT and Business Services sectors.

In January, Sovereign backed the management buy-out of Utility Bidder, a leading energy broker, offering energy procurement services to UK, SME customers. This was the second MBO Sovereign has backed in recent months and follows that of Asset Control, the financial data management business. Sovereign has partnered with the management teams to further develop the businesses through Buy & Build.

Andrew Hayden, Managing Partner, Sovereign Capital Partners commented, “We are delighted to welcome such great new talent to the investment team. For ambitious management teams seeking to further develop their businesses in rapidly evolving markets, the opportunities to create scale, both in the UK and internationally, are there. We look forward to continuing to partner such businesses in the months and years ahead.”