SYNOVA AWARDED ‘EXIT OF THE YEAR’ AT BRITISH PRIVATE EQUITY AWARDS

Leading growth investor, Synova Capital (“Synova”), is delighted to have been awarded ‘Exit of the Year’ (Small Buyout) for the sale of portfolio company Mandata, which returned 8x invested capital, by the Unquote British Private Equity Awards judging panel.

Alex Bowden, a Partner at Synova and a former Director of Mandata, commented: “We are thrilled to have received the exit of the year award for the second time in three years. As is our approach across all our investments, we developed a strong partnership with Mark and Mandata management team, working together to build the Business into the market leading software provider it is today. The award is a strong validation of our ongoing commitment to investing in and supporting high quality businesses and teams across the UK.”