Palatine announces raft of senior promotions

Palatine Private Equity has made four promotions across its UK business following one of the firm’s most successful and active years.

Within its Manchester office, Charlotte Ashton has been promoted to Senior Business Development Director, whilst Tom Wildig will take the role of Investment Director.

In 2014, Charlotte joined Palatine from a national food sector role at Grant Thornton. Charlotte will continue to lead the business development team and will focus on building relationships with advisers and management teams seeking private equity investment.

Tom joined Palatine in 2016 from Deloitte. He is responsible for sourcing and evaluating new investments, and offering strategic support to the current portfolio companies as they look to grow through acquisition, international expansion and operational improvements. Tom sits on the board of Vernacare, and was part of the team responsible for the sale of WHP Telecoms to Equistone in March 2018 for 3 x return on investment.

Palatine made a further two promotions across its UK business. Both Richard Thomas, who heads up the firm’s Birmingham office, and Andy Strickland, who is based in London, have been promoted to Senior Investment Director.

Richard joined the Palatine in 2015 to help set up the firm’s Midlands office. Since then, he has acted on three deals, including TTC, CET UK, and Westleigh Partnerships, which was sold last year for a 3 x return.

Andy has been part of the London team for the last five years. His past and present board positions include Cyberfort Group, EPI, John Charcol and Wren Sterling.