Rhys Davenport
Investor at BGF
Manchester Area, United Kingdom
Overview
Work Experience
Investor
2015 - Current
BGF is the most active and influential investor in small and mid-sized businesses in the UK and Ireland. An established and independent company, it has £2.5bn to support a range of growing companies – early stage, growth stage and quoted – across every region and sector of the economy. Personal involvement in all aspects of the investment process, from origination through to transaction execution, and supporting companies throughout the investment period. Investments / board positions: - BGF investment in Styles & Wood Plc - BGF investment in RMS International - BGF investment and two follow-on investments into High Access Maintenance - BGF investment and follow-on into Nationwide Window Cleaning - Inaugural merger of two BGF-backed businesses, High Access and NWC, to form NSS Group (Successful exit to PTSG). - BGF investment and follow on into Sentric Music (Successful exit to Utopia Music at c.50% IRR) - Hobs Group and BGF follow-on investment in Hobs Group - Exit of Hobs Group's On-Site division to Rigby Group Plc - BGF investment in Luby Group/European Braking Systems (Successful exit) - BGF investment in A Pearson Holdings/APS Group - BGF investment in Gaist - BGF investment in Miss Group (Successful exit for BGF at >100% IRR) - BGF investment in St Pierre Group (Successful exit for BGF at 85% IRR, 9.6x MM) - BGF investment and follow on into Evoke Creative - BGF investment in Planixs - BGF investment in ROI Media - Partial exit of Hobs Group, with the sale of Anexsys to Xact Data Discovery (XDD) - BGF investment in Panthera Biopartners - BGF investment in R&D Specialists (now BSE Group) - BGF investment in KOMI Group - BGF investment in The Insights Family - BGF investment in Eleven Sports Media - BGF investment in Besseges
Transaction Advisory Services - Corporate Restructuring
2012 - 2015
Provided services and advice to both the stakeholders of underperforming companies and the corporates themselves on crisis situations, work-out strategies and financial restructuring on the following engagements: - Sell-side project management role for a business in the healthcare sector. - Buy side due diligence for sale of a £650m distressed loan portfolio. - Financial advice for lender to an international property group to aid ongoing litigation procedure. - Accelerated disposal, cash flow monitoring and contingency planning of a UK Top 100 legal firm. - Assisted a Private Equity client in performing buy-side due diligence and transaction support. - IBR and contingency planning of a UK based hotel and restaurant company. - IBR of a bridging loan company's lending portfolios. - IBR of a home textiles company. - Employer covenant review for a FTSE 250 client's defined benefit pension scheme. - Administration of a UK based property development group. - Administration of a producer and distributor of white goods. - Administration and Creditors' Voluntary Liquidation of a clothing retailer. - Creditors' Voluntary Liquidation of a multi-national DIY retailer. - Creditors' Voluntary Liquidation of a UK based construction company. - Exam qualified Chartered Accountant with ICAS.
Ernst & Young is a provider of assurance, tax, transaction and advisory services.
Commercial Assistant
2010 - 2012
Education
Bachelor of Science (BSc)
2009 - 2012