Private equity firm makes promotions

Tom Wildig

Palatine Private Equity has made two promotions at its Manchester office, which it said follows one of the firm’s most successful and active years.

Charlotte Ashton has been promoted to senior business development director while Tom Wildig will take the role of investment director.

In 2014, Ashton joined Palatine from a national food sector role at Grant Thornton. She will continue to lead the business development team and will focus on building relationships with advisers and management teams seeking private equity investment.

Wildig joined Palatine in 2016 from Deloitte. He is responsible for sourcing and evaluating new investments, and offering strategic support to the current portfolio companies as they look to grow through acquisition, international expansion and operational improvements. Wildig sits on the board of Vernacare, and was part of the team responsible for the sale of WHP Telecoms to Equistone in March 2018 for 3 x return on investment.

Gary Tipper, managing partner at Palatine Private Equity, said: “These promotions not only recognise the individual talent within Palatine; they demonstrate the progression the firm has made over the course of 2018. It proved to be an important year for us, with two of our largest exits in Westleigh Partnerships and WHP Telecoms, as well as new investments in CET UK and Estio. We are looking forward to the year ahead, as we remain committed to partnering with high-growth, entrepreneurial businesses.”

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