Private equity firm recruits Hustler for Midlands team
A private equity firm has strengthened its Midlands team in Birmingham with the appointment of a new investment manager.
Palatine Private Equity has recruited Tom Hustler to support the firm as it looks to build on its recent successes.
Mr Hustler joins from The Royal Bank of Scotland where he worked as an Associate Director in the Structured Finance team. During his time there, he worked on a range of large corporate deals and private equity transactions.
In his new role, he has been tasked with responsibility for originating, structuring, evaluating and completing a range of event-led transactions including M&A, recapitalisations and MBOs.
Having trained as an accountant, he started his career at KPMG as an Audit Manager for a number of Midlands-based clients of various sizes and from a range of sectors.
He will be based in the firm’s offices in Temple Row and will work alongside investment director Richard Thomas, who leads the Midlands office.
Since opening the Birmingham office last year, Palatine has successfully completed two deals, with investments in Westleigh Partnerships, an affordable homes provider and TTC Group, a provider of road user and cycling education and training courses.
Mr Hustler said: “It’s an exciting time to be joining Palatine, particularly given the excellent momentum in the Midlands following its recent transactions. I am keen to play a role in the ongoing development of the firm in the region and build on its already impressive portfolio. The private equity community is flourishing in the Midlands and I am keen to begin working with some of the ambitious management teams and high growth businesses in the area.”
Mr Thomas added: “We have a strong commitment to the Midlands and its surrounding area, and having seen the strength of the companies in the region, we want to make the most of the opportunities available by expanding our team.
“The pipeline remains strong and with Tom on board we are looking forward to building on our recent successes. With this in mind, to invest further in resource in the region was the natural thing to do given our strong deal volumes.”
