10th Jun 2015 07:00
10 June 2015
MXC Capital Limited
("MXC" or the "Company")
Appointments
MXC (AIM: MXCP), the AIM quoted technology focused merchant bank, announces two senior appointments as it builds scale in its business.
Andy Ross joins MXC to strengthen the Company's operational capability. Andy has over 25 years of experience in the technology sector, leading and transforming businesses through sales led and organic growth strategies. He has worked in a wide variety of different businesses, ranging from large global multinationals to smaller UK mid-market companies, having been Chief Executive at Northgate Managed Services and Valldata Group, UK Sales Director at Atos Origin as well as having held senior roles at Sema Group, EDS and KPMG.
Charlotte Stranner joins MXC Capital Advisory LLP, the Company's corporate advisory business. Charlotte joins from finnCap where she was a director of corporate finance. Charlotte is a Chartered Accountant with 8 years' experience in equity capital markets and M&A advisory roles, the last five years having focussed on the technology sector.
Peter Rigg, Chairman of MXC said, "We've completed 15 transactions in the last six months and have a busy pipeline of identified opportunities. We've also raised funds through a placing, giving us £30 million to apply to those opportunities.
"Our ambition is to become the merchant bank of choice for technology companies. To achieve that we are investing in the talent to build depth and scale to support increasing levels of business."
MXC Capital Limited |
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Marc Young | +44(0)20 7965 8149 |
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Zeus Capital Limited (Nominated adviser and broker) |
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Nick How / John Treacy | +44 (0)20 7533 7727 |
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Alma PR |
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Josh Royston / Hilary Buchanan | +44 (0)7780 901979 / +44 (0) 7515 805218 |
About MXC Capital
MXC is a specialist merchant bank with a track record of investing in and advising companies in the TMT sector. We bring together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which we combine to grow shareholder value.
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