SYNOVA ANNOUNCES TWO PROMOTIONS

Synova Capital (“Synova”) is delighted to announce the promotion of Zachary Tsai from Investment Director to Partner.

Zac joined Synova as an Investment Manager in 2013 from Alantra Corporate Finance, having previously trained at PwC after graduating with a first class degree in software engineering. Zac, a member of the Technology sector team, has worked on a number of successful Synova investments, including the recent exit of tech-enabled healthcare provider, 4Ways, which generated a 6.0x return in 2018. He also serves as a Non-Executive Director of agri-data business, Mintec, and video games developer, Mediatonic.

In addition to Zac’s promotion, Synova are equally delighted to announce the promotion of Matthew Charman from Investment Manager to Investment Director.

Matthew joined Synova in 2015 from McQueen Corporate Finance; prior to this, he spent 4 years at KPMG. Since joining Synova, Matthew has worked on a number of transactions with a focus on Financial Services, including the successful sale of Stackhouse Poland to AJ Gallagher, which returned 5.6x capital in 2019. Matthew serves as a Non-Executive Director of wealth manager, Fairstone, and specialist insurance services provider, AllClear.

David Menton, a Managing Partner of Synova, commented: I would like to congratulate Zac and Matthew on reaching these important milestones in their respective careers at Synova. Identifying and recruiting talented professionals early in their careers has always been a major part of our ethos at Synova and it’s a true testament to this policy that they have both progressed through the ranks since joining the firm.”