UK mid-market buy-out firm LGV Capital has appointed Ivan Heywood as its new chief executive. Heywood will succeed Adrian Johnson, who has been chief executive of the firm since July 2000.
Heywood, currently managing director at LGV, has worked with Johnson for over 17 years. He joined LGV in October 1990. Prior to LGV, he worked at Price Waterhouse, in its corporate finance division.
LGV’s supports MBOs and MBIs of businesses with attractive market positions and strong cash flows. Sectors of interest include leisure, healthcare, services and consumer products.
Typically, investments would have an initial enterprise value in excess of £50m.
LGV is reportedly preparing the launch of a new fund, the firm's sixth.
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LGV appoints Ivan Heywood as chief executive
