Encore appoints growth capital specialist as non-executive director
Encore Personnel has appointed growth capital specialist Richard Bishop as a non-executive director.
Bishop, who was one of the leading founders of the UK’s Business Growth Fund, will support Encore’s managing director, Greg Latham, and the senior team as it plans an ambitious expansion and an increase in market share over the next 12 months.
Leicester-based Bishop has a 25-year experience with growing entrepreneurial companies as a private equity and growth capital investor. He was a partner at 3i Group plc, where he headed a 2.5 billion Euro portfolio.
Bishop left 3i to launch the Business Growth Fund, where he was head of investments, responsible for the UK wide investment strategy and leading the investment teams.
He said, “I am looking forward to working with Greg Latham and his two fellow shareholders and senior team to help grow Encore. I see my role as an independent director but working as part of the whole team to help shape the company’s future.
“This is a new and exciting challenge. Encore is a business with a strong strategy for growth, impressive clients and a robust focus. I am excited by businesses which want to grow and become more successful – and Encore is one of them.”
Latham added, “Richard is joining Encore as a non-executive director at a significant point in the company’s history. He will also chair the board.
“We have seen huge growth and have hit the £60 million turnover mark. This year’s success is due in part to our excellent team securing large contract wins in our managed service and engineering divisions.
“With his huge expertise of investment, Richard is going to help us expand on that expansion – and will help us steer Encore into an exciting new period of growth.”