Published: Feb 09, 2023
Focus: NPIF Maven Equity Finance
Maven has announced it will be sharing regional offices across the Northern Powerhouse region with Ludlow Wealth Management, a leading financial services firm, and fellow Mattioli Woods subsidiary.
Ludlow's Burnley, Preston, Southport and Liverpool offices will now be shared with Maven, helping foster closer, more personable relationships between Maven's investment team and local businesses who have ambitions to grow. Maven's current North West Headquarters on Clarence Street, Manchester, remains unchanged.
Maven’s North West team manages a range of funds designed to suit growth focused SMEs including, NPIF Maven Equity Finance, part of the Northern Powerhouse Investment Fund, which provides equity finance of up to £2 million to emerging companies across the North West.
Based in the North West of England and with a growing presence in Scotland, Ludlow is one of the largest wealth management firms specialising in providing financial planning and wealth management solutions to clients who together have entrusted more than £1.8 billion of assets with them.
As part of our expansion in the region our team will hold a number of in-person ‘Meet the Investor’ events at these new locations (details to be confirmed). These events will allow local businesses and corporate finance advisors who advise them to meet members of Maven’s North West investment team to discuss how our diverse range of funds could help accelerate business growth.
“We’re delighted to be able to expand our regional on the ground presence throughout the Northern Powerhouse region. Maven already had an unrivalled regional office network across the UK, and teaming up with Ludlow gives us a far greater regional presence in the Northern Powerhouse region than any other SME focused equity funder. In additional, Ludlow are well networked within their local communities and we look forward to working with them to build on our relationships with ambitious local businesses.”
Ryan Bevington, Partner at Maven
“Together, Maven and Ludlow will bring their shared vision and resources to Lancashire, fostering stronger relationships with local businesses and providing a solid foundation for growth. The shared office space will enhance Maven's presence in the region, allowing them to best support entrepreneurial businesses in their quest for capital and success."
Debbie Francis OBE, Chair of the Lancashire Enterprise Partnership
"The shared office space across the North West with Ludlow reinforces Maven's commitment to building stronger relationships with local businesses. As part of the Northern Powerhouse Investment Fund, this arrangement will allow Maven to better support early stage and established companies across the region with funding and in-person events."
Sean Hutchinson at the British Business Bank