SYNOVA AWARDED ‘DEAL OF THE YEAR’

Synova Capital LLP (“Synova”), an award winning investor into UK growth companies, is delighted to have been awarded ‘Deal of the Year’ for the acquisition of MK Test Systems, the Taunton-headquartered developer of electrical test solutions, at Insider South West Dealmakers Awards 2015.

The judging panel described MK Test as a “home-grown success story, which thanks to [Synova’s] investment is poised to expand to reach its full potential as the global go-to provider in its industry and create more jobs in the Taunton area and beyond”.

The Awards ceremony, which took place at the Bristol Marriott Hotel, was attended by over 300 industry figures. Synova Investment Manager, Scott Fairlie, a Director of MK Test, accepted the award on behalf of Synova.

Alex Bowden, a Partner of Synova, commented: “We are absolutely delighted to have been awarded ‘Deal of the Year’ by the judges. We developed a strong relationship over many years with the founder, Mike Threlfall, and his team, and worked closely with a talented group of local professional advisers to execute the transaction.”