Bestport Private Equity (“Bestport”), providers of supportive capital for established, fast growing, ambitious companies in the UK, is delighted to welcome Adam Hardwidge to the team as Investment Manager.
Adam’s responsibilities at Bestport will include executing deals, sourcing new opportunities, building on new and existing advisor relations and working with companies throughout the portfolio. He joins the team from KPMG where he spent several years in the M&A team, focusing on the execution of transactions on behalf of both entrepreneurial owner-managed clients and Private Equity. Previously, he spent several years in M&A advisory services at Oaklins Smith and Williamson, focusing on transactions in the lower mid-market.
Adam’s appointment comes after a busy 2021 for Bestport, having successfully completed investments in ESL, the fast-growing LED consultancy and Playful Promises, a high quality lingerie and swimwear business, as well as the sale of investee company Nu-Heat, returning 5.6x funds invested and generating a gross IRR of 68%.
James Stoddart, founding Partner of Bestport commented: “2022 promises to be a very exciting time for Bestport as we continue to seek strong returns for our investor base. We are thrilled to have Adam as part of the team. His experience will aid us in originating new, exciting opportunities, as well as executing deals.”