Private equity firm adds PwC dealmakers to its team
PRIVATE equity firm NorthEdge Capital has appointed two dealmakers to its new business team.
Nicola McQuaid has been hired as an investment manager. A qualified chartered accountant, Ms McQuaid spent ten years at PwC’s corporate finance division before joining HgCapital-backed JLA. There she was a corporate development director specialising in mergers and acquisitions.
She will work at the firm’s Leeds office alongside partner and head of Yorkshire and the North East, John Rastrick.
Greg Holmes (pictured right) has also been hired as an investment executive after five years at PwC where he advised on private equity transactions.
Based at NorthEdge’s Manchester office, Greg will work alongside Jon Pickering, head of the Manchester office.
NorthEdge recently closed Fund II at £300m, taking total funds under management to over half a billion, and is seeking to work with more management teams across the region.
John Rastrick, partner and head of Yorkshire and North East at NorthEdge, said: “We are delighted to have Nicola and Greg on board as we explore new investment opportunities across the North.
“The region’s businesses continue to display enormous potential for growth, helping us to deliver a fantastic 12 months where we have raised our second fund, invested over £90m in seven business across the North, achieved two exits with the AIM flotation of tissue paper converter Accrol Group Holdings and the sale of video game developer Sumo Digital and recruited some top talent across our Manchester, Leeds and Birmingham offices.
“Nicola and Greg have both been involved in a number of standout deals and I am certain they will add tremendous value to the high-quality management teams that we work with.”
