NVM Private Equity announces £100m investment pot for North East companies

Newcastle-headquartered investment firm NVM Private Equity expects to have £100m available to invest in established profitable businesses across the North East and Yorkshire, a news report in the local media has revealed.

The firm made the forecast following its recent launch of a £50m joint share offer by NVM’s three venture capital trusts (VCTs). NVM invests between £2m and £10m in companies looking to grow organically, acquire another business or finance a change of ownership through a management buyout.

Mauro Biagioni, NVM investment director for the North East and Yorkshire, said: "We typically take a place on the board of the businesses we invest in, so the initial deal is often just the start.

"Our aim is to offer advice and, if necessary, incremental funding to bring the company’s growth strategy to fruition. We are in it for the long-term, so our relationship with a management team and our understanding of their business is crucial to a successful partnership."

Companies who wish to extend their market presence and are willing to turn to an investment fund in order to do so should also consider the implementation of a very solid and reliable workforce management system, and that’s specifically where Time & Attendance North East might be able to lend a helping hand.

Our systems are user-friendly, innovative and designed for the working environment. They also offer a wide array of features, such as support for contactless smart cards (which would really come in handy in a busy, dusty construction environment), as well as optional finger print biometrics and mobile phone SIM card support.

Moreover, the multi-user, networked, multi site Time and Attendance, Access Control, Fire Roll Call and security system includes European Working Time Directive checking and reporting and allows administrators to save up to 2000 employees, supports extensive shift management and payroll-related operations, the allocation of various pay bands, and much more.

If you’d like to find out more about the extensive workforce management solutions provided by Time & Attendance North East, just contact us, we’d be more than happy to answer every query you might have.