9 November 2017
Par Equity’s hands-on approach to value creation has been recognised with a Runner-up Award for Most Impactful Investment at the 2017 Growth Investor Awards, the investment in question being ICSLearn, which Par Equity acquired in 2012. The company, which has been the subject of a wide-ranging turnaround process, paid a maiden dividend earlier this year of £3.50 per share, which should be compared with an original subscription price of £2.50. This award is welcome recognition of Par Equity’s active management capabilities, which stem from the availability of seasoned business people within the Par Syndicate and wider investor network. Coincidentally, Par Syndicate member and ICSLearn chairman Angus MacDonald was named Entrepreneur of the Year at the annual Spears Wealth Management Awards on the same night.
