Dunedin boosts investment team to fifteen

Dunedin Capital Partners, a UK-based mid-market private equity firm, has made four new hires as it looks to build on a bumper year in 2006.

UK mid-market firm Dunedin Capital Partners has once again strengthened its investment team by hiring four executives, all with an operational background.

Following two director-level appointments in November, the four junior hires mean Dunedin has now increased the size of its investment team from 9 to 15 executives in six months – a 66 percent increase.

This latest move follows a strong year for the buyout firm, which since the start of 2006 has completed four new investments, made no fewer than six successful exits, and raised a £250 million (€365 million, $495 million) fund.

All four of the new recruits have a background in management consulting. Olivier Bevan, who was previously with LloydsTSB’s strategy unit and Booz Allen Hamilton, joins as an associate. There are also three analyst level hires: Nicholas Hoare from Accenture, Jonathan Ma from Mercer Oliver Wyman, and Jenny Jeffrey from PricewaterhouseCoopers.

Dunedin chief executive Ross Marshall said the four hires: “further strengthen Dunedin’s presence in the UK buyout market”.  In addition, he added: “their backgrounds in management consultancy means Dunedin can add even more value to the companies we invest in.”

Dunedin’s deals last year included the £48 million acquisition from Kidde Group of WFEL, a mobile bridge company that operates in the defence sector, and a £30 million secondary buyout of Capula, an IT services provider formerly owned by Bridgepoint.