UK mid-market private equity firm ECI Partners has appointed Tom Wrenn as an investment executive in its London office.
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At ECI, Wrenn will be responsible for all aspects of the firm’s investment activities, including deal origination, execution, transformation and exit.
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Wrenn joined ECI earlier this month from the private equity unit of Close Brothers Corporate Finance. During his two-and-a-half years at the firm, he focused on the leisure and media sectors, advising both public and private transactions before moving to the private equity team.
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Prior to that, Wrenn spent four years at Deloitte & Touche, where he began his career as a tax advisor in the mergers and acquisitions team advising on European buyouts and large corporate transactions.
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So far in 2006, ECI has sold UK marketing database company ClarityBlue to Experian for £85 million (€123 million; $149 million), generating an 8x money multiple; and The Hotel and Catering Training Company, a private sector provider of government-funded vocational training, to VT Group for an undisclosed sum.
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In January, ECI acquired food and drinks retailer Bargain Booze from Electra Partners Europe for £63.5 million.
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Founded in 1976 as Equity Capital for Industry, ECI has a team of 16 investment professionals operating out of offices in London and Manchester. The firm specialises in buyouts, buy-ins and development capital deals between £10 million and £100 million.
ECI Partners strengthens London office
The London- and Manchester-based private equity firm has added to its London operations with the hire of Tom Wrenn, formerly of Close Brothers Corporate Finance.