London investment firm RDCP sets off on the acquisition trail
London-based investment firm RDCP Group (“RDCP”) is on the acquisition trail and gearing up to grow to $1bn in assets after strengthening its team with the appointment of Paul Clunn as investment director.
Paul Clunn will help co-lead the origination and execution of new investments alongside RDCP founders Sameer Rizvi and Iryna Dubylovska. He will also support portfolio companies throughout RDCP’s investment hold period, working with the management teams to help them deliver on the potential of their respective businesses.
Sameer Rizvi, Founder & CEO of RDCP Group said: “In just 8 years, we have grown RDCP Group to $600m in assets, employing over 2,200 staff members across our various portfolio companies. And we did this with a small investment team comprising two individuals and a dedicated board consisting of three members.
“As we now gear up to grow to $1bn in assets and beyond, we are significantly bolstering our senior management team. I could not be more pleased to have Paul Clunn on board as Investment Director, to help us oversee this growing portfolio, specifically the industrials and manufacturing sectors.
“Paul’s expertise will be a huge asset to RDCP. This year, we are also looking to bring on a chief financial officer and a chief legal officer, as we prepare for significant growth and effective portfolio management.”
Paul Clunn brings significant senior management and corporate governance experience after spending over 25 years working in senior leadership roles for blue chip companies in the electrical products, distribution, and engineering sectors.
He joins RDCP after working as Managing Director of Worcester Electrical Distributors, one of RDCP’s key portfolio companies. Paul is from Kent and now lives in Somerset. He has a Masters in Law from University of Central Lancashire and a Post Grad in Corporate Governance. He also spent over 5 years with the Royal Navy.
Paul Clunn, investment director at RDCP added: “RDCP has a vision to build the largest private company in the UK and it’s incredibly exciting to be part of this journey. The group has backed a portfolio of high calibre British businesses and I’m looking forward to sharing my depth of experience with these portfolio companies to help them reach their potential.”
By Mark Adair – Correspondent, Bdaily
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