Investment group Envoy expands to MediaCityUK
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Inverness-based investment group Envoy has announced expansion plans which will see it launch a new North of England office within MediaCityUK’s Arrive workspace in Blue Tower.
The commitment to the creative, digital and tech hub coincides with the group’s second anniversary and follows a flurry of investments South of the Border, where Envoy has taken majority investments in a series of industrial and tech companies including Langfields, Saftronics, WES, Avantis Marine, M-Tech, CPE and ACIEM, in the past year.
The new office in MediaCityUK is centrally located to support five key subsidiaries in Northern England, and to develop new acquisition opportunities for the future.
Envoy chief executive, Iain MacGregor, said: “The North of England has a rich heritage of industrial businesses led by very capable entrepreneurs and management teams.
“We have enjoyed our relationship with all our acquisitions in this area to date and hope that a more established presence can lead to many more.”
He added: “I believe our investment approach is less conventional than most financial sponsors.
“We are a young company with innovative ideas and an alternative approach.
“MediaCityUK is an amazing regeneration story borne from the industrial heartland of Manchester and Salford.
“The area has an earthy vibrance to it which will suit Envoy, and follows precedents set elsewhere, such as our head office at the University Campus in Inverness, Scotland.”
Chris Reay, MediaCityUK property director, said: “Envoy is a growing and dynamic business who approach investment with creativity and entrepreneurial flair.
“They are a fantastic addition to our SME community and will really benefit from the collaborative spirit within our expanding creative workspace concept, Arrive.”