H2 Equity Partners (“H2”) is pleased to announce that it has been awarded the Investor of the Year Award 2015 at the recent Institute for Turnaround (IFT) awards held at the Hotel Russell on 24 November.
The Investor of the Year Award comes on the back of a strong year for H2 in the UK with the successful Main Market IPO of Eurocell in March followed on by the exit of Ballast Phoenix in June.
Both investments delivered a strong return on investment after a rapid and sustained delivery of the value creation plans which in both businesses resulted in a significant increase in profitability and cash generation after only a short hold period of 18 months in the case of Eurocell and less than 12 months for Ballast Phoenix.
Christine Elliot, CEO of the Institute for Turnaround, said:
“We look at the evidence to assess the winner’s commitment to consistent high standards of behavior, showing understanding and practical support in challenging circumstances, and sharing the risks that the customers so keenly feel.
H2 Equity Partners showed real evidence of operational turnaround in an unloved asset that has been turned into a profitable company, on an impressive scale, with great value creation.”
Patrick Kalverboer, Managing Partner at H2 commented:
“The Institute for Turnaround Investor of the Year award is a great acknowledgement for H2 Equity Partners and we very much appreciate the recognition for our approach to value creation and the work we have been doing.”