Prime Light continues to shine by announcing two new board members

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Prime Light continues to shine by announcing two new board members 23rd November 2020
Prime Light Exhibition

Prime Light has a unique solutions based business model which, when combined with a team of highly experienced product experts, provides significant benefits to its customers. By integrating an expansive product range with industry knowledge, Prime Light can take the pressure off when it comes to ordering multiple products and create a ‘one-box-to-open’ experience.

As part of its strategic growth plans, first outlined back in February 2020, Prime Light is proud to announce the recent appointment of two new board members: Guy Madgwick, Sales and Marketing Director and Simon Weaver, Chief Financial Officer. The arrival of the two new board members expands the skillset of Prime Light’s management team, brings valuable experience and a fresh perspective to the organisation and demonstrates it has the confidence to continue to invest in the company’s future beyond the short-term impact of the Covid-19 pandemic.

Guy Madgwick will primarily be responsible for driving forward sales and increasing revenue in line with Prime Light’s growth plans. Guy’s career spans an impressive 20 years in the lighting industry, from manufacturing through to project management. Having worked predominantly in the controls sector, Guy has a tremendous track record – and when it comes to developing and motivating teams, he has proven results, having overseen sales teams who have produced exponential growth in companies such as Schneider Electric and Mitie.

Guy is joined by Simon Weaver, who brings with him 30 years of experience in accounting. Simon’s previous roles included CFO of Oliver, where he helped the business to grow from a small agency with big ambitions, employing just 20 people, to a large, multi-national, forward-thinking agency, generating well over £100m in revenues, and employing 1,200 staff globally. Simon has been brought on board to transfer his skills and expertise to the lighting industry, and his main task will be to support Prime Light in developing into the biggest lighting solutions provider in the UK.

Prime Light has ambitious organic and acquisition-based growth plans with a publicly stated goal of doubling the business over the next 5 years.

Backed by a single source of institutional funding, Bay Tree invests in privately owned UK businesses with profits between £1m – £5m.

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Bay Tree Private Equity LLP (FRN 788586, Partnership No. OC418686) is an appointed representative of MJ Hudson Advisers Limited (FRN 692447), which is authorised and regulated by The Financial Conduct Authority. MJ Hudson Advisers Limited acts as the Principal Firm to Appointed Representatives. Registered address Bay Tree Private Equity LLP, c/o Sanders, 1 Bickenhall Mansion, Bickenhall Street, London, W1U 6BP (please note this is not an office address)