Praesumo are pleased to have supported our client FPE Capital in their move to acquire and merge digital media workflow and storage automation providers Masstech and SGL to form a new group with revenues of £10m. The merged group will be headquartered in the UK and supply more than 500 clients with automated storage and movement of digital video content.
Praesumo candidate Roger Flynn has been appointed as Non-exec Chairman of the new group. Roger has worked with a number of Private Equity firms for the last 10 years, with 25 years of board level experience working in large international businesses predominantly in the technology and travel sectors. He has delivered significant profit improvements, accelerated growth both organically and through acquisition and been responsible for businesses across Europe and the Far East.
Aaron Henning of Praesumo commented: “We have thoroughly enjoyed being a part of this exciting recruitment process for our clients FPE Captial. Roger is an established Chairman with exceptional experience that is very relevant to the business. It was clear from the start of this process, he would be an excellent fit.”
FPE Capital is a leading growth equity investor in the UK lower middle-market. They invest into profitable UK headquartered companies with revenues of £5m to £50m and which have the ability to accelerate growth.
The Praesumo team wish Roger all the best in his new role and look forward to working with FPE again in the near future.