Directorbank has appointed Ian Menzies as a director to head up its London office and build the executive search side of the company. His appointment comes on the back of Directorbank’s first six-month results since completing the management buy-out last year. Sales are up 30% with particular growth from the finance director division, led by John Pearce, and a significant increase in placements into private equity backed investments. A qualified accountant, Ian Menzies has over 20 years experience in the European equity market as an investor, founder director, fund raiser and executive search professional. His career includes managing investments for 3i, building a private equity practice for Whitehead Mann GKR and creating a search practice for Walker Hamill, where he found senior people for private equity firms and their clients.
Deal is based on an EV of €1.4bn and will see minority owner Kirkbi maintain a stake
Following the deal, Plurima's CEO, Luca Marconi, will be appointed as CEO and chair of Log-Os
Calculus Capital invested €2.5m in the media management software provider in 2015
In additon to the equity deployed by Palladio, a debt package was provided by Intesa Sanpaolo