Lyceum appoints three to partner

The firm has made new appointments in its operations and development, research and origination, and investment teams.

UK growth investor Lyceum Capital has appointed three new partners. The firm has hired Mark Rogerson as a partner in its operations and development team, bringing the number of partners in that division to three.

Rogerson will work with the firm’s portfolio companies to boost growth and has particular experience in business services, the firm noted. He was previously chief executive officer of Speedy Hire and group operational efficiency director at public services company Serco Group.

The firm also promoted Ian Williams to partner responsible for research and origination. He joined the firm in 2008 from Arbuthnot Securities. Martin Wygas, who joined in 2009, has been promoted to partner in the investment team, where Adam Lewis and Martin Squier have been promoted to investment director, the firm said.

The firm is currently investing through its third fund, a £330 million ($466 million; €431 million), 2013-vintage vehicle. It targets £10-60 million investments in fast-growing, UK headquartered small and medium-sized companies where it can partner with management, providing capital, operations and development support, it said.

Since 2000, the firm has acquired more than 120 companies, including 25 platform investments and 97 add-ons. Among its portfolio companies are agriculture information company Briefing Media Group, acquired in 2015, home care provider Carewatch, acquired in 2008 for £37 million, EAT restaurant chain, acquired in 2011, and software company TotalMobile, acquired last year.