Directorbank

Directorbank places CFO at The NAV People, the UK’s leading Microsoft Dynamics NAV reseller backed by FPE Capital.

Read the full case study here

“I have had a longstanding relationship with George Heppenstall of Directorbank and on appointment he rapidly provided an excellent list of candidates that met our brief for the CFO role at The NAV People. His proactive approach whilst we were proceeding through pre-deal due diligence meant that we reached completion with a candidate ready to go.  We are delighted to have Chris on board.”

Llewellyn John
FPE Capital

Directorbank congratulates Next Wave Partners on the successful exit of its majority shareholding in The Delivery Group via a management buy-out generating a 4x money multiple for its Fund. We are proud to have played a part in this success by placing the Chairman of The Delivery Group – Paul Carvell – in 2011, shortly after Next Wave’s initial investment.

An industry leader, Paul is hugely experienced with a long track record of success in the mail delivery market. Previous roles include Chairman and CEO of Business Direct Group plc and CEO of Business Post Group plc (now UK Mail).

During Next Wave’s investment, and Paul’s tenure to date, The Delivery Group completely transformed through an ambitious and successful growth strategy which included investment in several software and technology development initiatives to accelerate internationalisation, operational automation, and a move towards higher margin and higher growth service lines such as global ecommerce delivery. Enterprise value grew over 16 times, revenues increased from £32 million to over £250 million, and EBITDA rose from £0.7 million to £12 million.

This placement demonstrates our ability to deliver highly successful outcomes for our private equity clients.

For more information on our executive search and pre-deal recruitment services, please contact George Heppenstall on 0161 509 3508 or at g.heppenstall@directorbank.com

We are proud to support Macmillan Cancer Support as our official charity for 2018.

Chosen by our team, it’s a charity close to our hearts as two Directorbank employees have fought and beaten cancer in recent years!

Marina, our former Financial Controller, was diagnosed with Breast Cancer in 2015 and underwent a punishing treatment programme. Her Macmillan nurse was a reassuring influence and a pillar of strength throughout.

In Marina’s words:

“Macmillan nurses are not paid by the government, but are purely funded by the generosity of the public. When I was affected by the devastating news of cancer, my dedicated Macmillan nurse kept me going. She guided me through enormous amounts of medical vocabulary and supported me through physical and emotional pain. She communicated positive news and held my hand in times of need. No matter what, she was a phone call away. We must continue to support Macmillan so that people diagnosed with cancer receive the level of support that I have. I truly believe it gives them a greater chance to succeed in their battle with cancer”. 

Ian, Directorbank’s longest-standing employee, was diagnosed with Colo-Rectal cancer in 2016, an illness which led to a protracted period of concurrent chemo and radio therapy, long sessions in hospital and a difficult recovery. Ian was well aware of the support around him from the Macmillan team should it have been needed and his admiration and respect for the people involved in his recovery to date are steadfast.

About Macmillan Cancer Support:

Right from the moment someone is diagnosed with cancer, Macmillan provides a constant source of support, guiding them every step of the way through their treatment and beyond. Not only do they provide medical help, but they assist with practical, emotional and financial support for patients, their families and carers, as well as pushing for better cancer care.

Macmillan Fundraising Activities:

Donations will be made via sponsorship of individual and team fundraising activities.

We will help Marina to raise as much money as possible at ‘Run Regent’s Park 10k’ on 10^th June. This July, Marina will also be hiking 26km along the South Downs Way to raise further funds for the charity.

George, one of our Directors, will be taking on ‘Ironman 70.3 Nice’ this September and we will boost his fundraising efforts as he battles with months of training and a gruelling course comprising of a 1.9km sea swim, a 90km bike route and a 21km run!

Several other fundraising activities are planned for the year including a challenging Directorbank team event.

Watch this space!

View the PDF document here: Directorbank supports Macmillan Cancer Support

Regional Credentials – supporting high growth SMEs across the North:

Directorbank continues to support businesses across Yorkshire and the North West with board level search solutions. A recent analysis showed around 30% of our placements in 2017 were in the North compared to 22% in London, 27% in the South and 20% in the Midlands. 

About Directorbank_Northern region