Bay Tree Private Equity partners Ed Cottrell and David Wingfield have joined forces with veteran private equity investor Michael Simmonds as the firm embarks on its next phase of growth.
Simmonds has an extensive and successful track record as a private equity investor during his time at Lloyds Development Capital, Bowmark Capital and most recently at Risk Capital Partners. Successful investments include; Gails, Neilson, Cruise.co, Datix and comdirect.
Bay Tree Partner Ed Cottrell said “We are delighted to team up with Mike and are excited about the combined expertise we can bring to investing in entrepreneurial UK companies. He has an exceptional track record and brings an unparalleled range of investment and strategic business skills both to Bay Tree, and to the management teams of our portfolio companies.”
Simmonds commented “I’m excited to be working with Ed and David. At Bay Tree we offer a supportive and entrepreneurial private equity solution, taking advantage of the growing availability of ‘deal by deal’ institutional funding in the UK. We are able to design bespoke funding structures to align objectives of all parties. I feel the combination of our experience and the flexibility of our funding brings a unique funding solution to our target market.”
Bay Tree invests in privately owned UK businesses with profits between £1m to £5m.