Tenzing Private Equity
I’m chair of the Entrepreneurs Panel at Tenzing Private Equity. This is a group of six experienced ex CEO’s and Founders who all have growth business and private equity experience. Our job is to help the companies that Tenzing invests in, leveraging our experience and contacts wherever needed.
Between us we have:
- 70 years of CEO experience
- managed a combined workforce of 1,700 and created 1,400 jobs
- delivered total annual profits of over £100m
- created shareholder value of almost £1bn.
- bought 23 companies
- sold our companies 14 times.
Along the way we’ve also picked up four Entrepreneur of the Year awards, three Queens Awards for Enterprise and 18 places in the Tech Track, Fast Track, Profit Track and International Track indices.
We’ve have also made hundreds, maybe thousands of mistakes and sharing those is one of the ways we try to help companies that Tenzing partners with.
Supported by the panel I’m currently writing a book to help Founders, CEO’s and management teams who are working with private equity for the first time.
I’m a trustee at the RG Foundation, a grant giving body that was created by a $5m donation from Reward Gateway. The charity exists to support people and organisations who are making the world a better, fairer, safer and more equal place to work.
I’m the fitness and nutrition editor at QXL Magazine. It’s more of a hobby than a job really but I like doing it and it lets me use my nutritional coaching qualification.
Investor / Advisor
I’m an investor and occasional advisor to a number of startup businesses including Truly Experiences, Zeel Networks, Checkoutsmart and CommuterClub.
I founded Reward Gateway, the HR technology business, in 2010 and was CEO there for 12 years.
During my time at RG we grew the business to £20million of recurring revenue and EBITDA of £10m. When I left we had over 2000 clients, served by 400 staff based in 7 offices in UK, Bulgaria, Macedonia, Australia and USA.
I managed two private equity sales – a £25m sale to UK based investor Inflexion Private Equity in 2010 and a £140m sale to Boston based investors, Great Hill Partners in 2015. I also bought six companies during that time – including a Bulgarian software house and several competitors in the UK and Australia.
I remain a Reward Gateway shareholder, cheering on from the outside, whilst Doug Butler is CEO.
I was an board advisor at FMP between 2016 and 2019 and co-invested in the business alongside Tenzing Private Equity. During that time the business grew profits on average 28% every year. We sold the business in 2019 to IRIS Software Group, backed by Hg, generating a 5.4x return and 72% IRR.
Trees for Cities
I was a Trustee at the London based charity Trees for Cities from 2013 to 2016. The charity celebrated it’s 21st anniversary whilst was trustee and during that time achived the milestone of planting it’s millionth tree.
I was the first new trustee to be appointed since the charity was formed and, working with the chairman, I helped implement new articles of association, new trustee rules and policies, recruited a whole new trustee board and recruited a new Chief Executive.