Synova

We are thrilled that Synova has been shortlisted by the judges in two separate categories in the Mergermarket British Private Equity Awards: - 'Small Buyout Exit of the Year Award' - InsurEvo (formerly AllClear - Voted UK's No.1 for Customer Care) - 'Mid-Market Buyout House of the Year Award' This follows an extremely strong year for Synova with 3 exceptional exits at an average multiple of 5.6x and 31 new deals across the portfolio. Synova was also ranked by Preqin as the UK’s top performing private equity fund. We'd be hugely grateful for your support. Voting closes on Thursday 12 September so if you'd like to vote for us, please do here: https://lnkd.in/eJ6PqYTx #PrivateEquity #Awards #OneSynova

We are delighted to share the acquisition of InsurEvo Group (including AllClear - Voted UK's No.1 for Customer Care, InsureandGo UK and #JustCover) by NSM Insurance Group has received regulatory approval and has now completed, generating a 7.3x return for Synova. We have enjoyed a wonderful #partnership with Chris Rolland, Cameron Jack and their #team and wish them continued success on their journey with Geof McKernan and his colleagues at NSM. Synova proud to #partner #PrivateEquity #Growth #FinancialServices #Travel #Insurance #Technology #Data #FinTech

Delighted to share that National Education Group, a market-leading provider of digital content and software solutions that empower education workforces worldwide, has acquired BlueSky Education, the leading online platform for workforce appraisals and performance management in schools. Combining BlueSky’s pioneering appraisal management with NEG’s award-winning professional development platform, The National College, will transform how schools manage professional development for their staff. Synova proud to #partner Read more https://lnkd.in/e8GDZjNE #Acquisition #Partnership #Growth #PrivateEquity #Education #Software #Schools #PerformanceManagement

Delighted to have reached agreement for the sale of InsurEvo Group (including AllClear - Voted UK's No.1 for Customer Care, InsureandGo UK and #JustCover) to US headquartered NSM Insurance Group, returning 7.3x invested capital. Synova’s #partnership with Chris Rolland, Cameron Jack, and their talented #team, adds another chapter to Synova’s highly successful Financial Services story. We wish them well on their journey with Geof McKernan and his colleagues at NSM. Synova proud to #partner Read more https://lnkd.in/eFGbVZiH #PrivateEquity #Growth #FinancialServices #Travel #Insurance #Technology #Data #FinTech

We are delighted to share that Halma plc has acquired MK Test Systems, a global leader in testing safety critical, high voltage electrical systems in the aerospace, rail and commercial EV industries, generating a return of 3x invested capital for Synova. We are proud to have supported Managing Director, Jason Evans and the #team through a transformational period of growth, technological development and international expansion. We wish MK Test every success in the future. Synova proud to #partner Read more https://lnkd.in/e9iTUM4n #PrivateEquity #Growth #Partnership #Tech #Services #Aerospace #Rail #EV #Testing

Synova is excited to announce our investment into Synectics Solutions, the leading provider of software and data solutions to mitigate fraud and financial crime risks. We are delighted to be partnering with the Shanahan family to both support Synectics’ next phase of expansion and invest further in the Company’s innovative technology solutions. We look forward to working with CEO Richard Wood, and the wider Synectics #team.   #Growth #PrivateEquity #Partnership #Software #Data #FinancialServices #Fraud #FinancialCrime

We are delighted to share that Synova has been ranked as one of the world’s leading private equity managers by performance in the two most comprehensive industry studies. The firm was ranked as one of the ‘Most Consistent Top Performing Private Equity Fund Managers’ globally by Preqin, the most comprehensive global provider of data and insights to the alternative asset management industry. Currently, Synova is one of only three firms in Europe with all its applicable funds ranked in the Preqin top quartile and places Synova as the 12th best performer globally and number one in the UK. In addition HEC Paris and Dow Jones have ranked Synova in the top 20 global small-cap private equity firms for 2023 in their annual ‘Small-Cap Buyout Performance Review’ of 632 funds. Synova has been included in the top 20 every year since its inception with the firm having the highest ranking of any UK focussed manager. A huge thank you to the Synova #team and our #partners across the portfolio for making this possible. Read more https://lnkd.in/eq3pM2xf #PrivateEquity #Buyout #Growth #Global #Performance #OneSynova

We are delighted to announce that Ben Snow and Thomas Usher have been promoted to Managing Director, with Adam Page being promoted to Assistant Director. This is a reflection of their impact, and support, in growing and creating value at Synova and for their strong cultural leadership.    These promotions follow a successful start to 2024 with two new platform investments, the sale of Vistair Systems, generating a 6.5x MM, and significant M&A activity across the portfolio. https://lnkd.in/gGEXVeY6 #OneSynova #PrivateEquity #Team #Growth #Leadership #Talent

Synova is delighted to announce that it has reached an agreement to acquire Mecsia, a leading national provider of compliance-led, technical inspection, testing and maintenance services, to support the next phase of its growth. With revenues of over £100m, growing organically in excess of 25% per annum, the company is well positioned to deliver its ambitious and innovative growth strategy to transform the technical service market. We look forward to supporting Jonathan Coiley and Mecsia's #team. Synova proud to #partner Read more https://lnkd.in/eQzJWjyV   #Growth #Privateequity #Partnership #Acquisition #Tech #Technical #Compliance #Inspection #Testing

We are pleased to share that JMG Group, a leading specialist lines insurance broking platform, has secured an additional £100m of committed acquisition facilities from existing lender, Ares Management Corporation to support the Company’s ambitious growth plans. Since our investment Nick Houghton and the #team have built the group to be a Top 35 UK insurance broker, placing over £250m of premium annually; we are excited to be continuing our partnership with Richard Oliver/ Ares to deliver the next chapter of the JMG growth story. Synova proud to #partner.   Read more https://lnkd.in/e5HWp_j3   #PrivateEquity #Partnership #Insurance #Growth #Acqusition #Organic