Maven makes new appointment to East Midlands deal team

Maven has made a new appointment to its investment team in the East Midlands. Paul Davis joins as Investment Manager to lead on deal origination and execution, with a focus on deals and opportunities for MEIF II Debt Finance East and South East Midlands, part of the Midlands Engine Investment Fund II, provided by the British Business Bank.

Paul has over 17 years’ experience within the business and commercial banking sector. Prior to joining Maven, he worked for several major high street banks and alternative lenders including Barclays, Allica Bank, Metro Bank and The Co-operative Bank. His deal experience spans a wide variety of industry sectors, particularly in the manufacturing, business services, food & beverage and professional services sectors.

Paul will lead on sourcing and executing deals in the South East Midlands, as Maven continues to back ambitious and entrepreneurial companies across the region. A local to the area, he will work with businesses across Northampton, Milton Keynes, Bedfordshire and Luton, supporting SME’s with their growth plans. 

Maven has a long-established deal team operating in the Midlands, and earlier this year was appointed as Fund Manager for the initial £46 million debt fund for the East and South East Midlands, part of the overall £400 million Midlands Engine Investment Fund II. The new addition to the growing team underscores Maven’s commitment to nurturing innovative businesses across the Midlands and driving their growth to realise their full potential. MEIF II Maven Debt Finance has already announced a number of new deals into local businesses including: Advance Tapes, a Leicester-based independent manufacture of specialist adhesive tapes and Nottinghamshire specialist logistics and trackway installation provider, DUKE Distribution.

“We’re delighted to welcome Paul to our expanding team. The response to MEIF II has been fantastic and we are exceptionally busy so Paul’s appointment will help in continuing Maven’s success in identifying and supporting high-potential businesses across the East and South East Midlands. We have always recognised the importance of having a genuine local presence with a team of passionate, experienced professionals on the ground to help support our SME community.”

Jonathan Lowe, Partner for Regional Debt Funds at Maven

“I am proud to be part of the MEIF II team, it's really rewarding to support SMEs operating in the same area I live. I've grown up seeing local businesses thrive and create new employment opportunities and I get great enjoyment in knowing I’ve had a small part to play growing the South East Midlands economy.”

Paul Davis, Investment Manager at Maven

The purpose of the Midlands Engine Investment Fund II is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the Midlands. The Fund is increasing the supply and diversity of early-stage finance for smaller businesses across the Midlands, providing funds to businesses that might otherwise not receive investment and helping to break down barriers in access to finance.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is looking at debt finance as a solution to fund future growth please click here.