NVM Private Equity has announced the completion of a new investment backing independent IT and digital transformation consultancy Leading Resolutions as part of a management buyout.
Swindon-based Leading Resolutions is an independent IT and technology consultancy helping clients deliver large-scale transformation and technology change programmes. The company is led by chief executive Pete Smyth and chief operating officer Sheila Bryant.
Lading Resolutions has completed projects with the likes of Currys, The AA, Experian and EasyJet. To strengthen the board, NVM has appointed Geoff Neville as chair. Geoff is an experienced senior executive with a career spanning 25 years across the IT services sector and has a strong track record of delivering market-leading shareholder returns.
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Mr Smyth said: "I am hugely excited to lead this team into a new chapter of growth for Leading Resolutions. The backing of NVM allows us to give greater focus to our ongoing strategy, one that supports the needs of our customers and enhances the proposition we have to offer."
Investment partner Charlie Pidgeon added: "Having tracked the business over a number of years we have seen the business develop and have witnessed first-hand the incredible growth that Pete, Sheila and the wider team have achieved. We therefore look forward to building on the strong foundations which have been laid and we are excited to work with the team to maximise the business’s potential."
Charlie Pidgeon and David Rolfe will join the board of Leading Resolutions. This is NVM’s fourth transaction in the past year including the sale of Lineup Systems. Advisors on the sale included corporate finance vendors Watersheds and legal firms Gateley, HCR, and Gardner Leader.
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