The Quinn Partnership, Management Due Diligence specialists, has advised Growth Capital Partners on their recent backing of etc.venues.

Established in 1992, etc.venues is now an award-winning and market leading conference and training venue businesses. This investment from Growth Capital will fund further acquisitions and enable the business to deliver on its UK growth plans, as well as exploring expansion into international markets.

James Blake, Partner at GCP, said: “etc.venues is an impressive business that has continued to grow throughout the downturn and has capitalised on the structural movement in the UK market from residential to non-residential training. The business has continually shown strong revenues and resilient operating margins and has a highly capable management team that is driving expansion.

Alastair Stewart, Managing Director of etc.venues said: “I am delighted to welcome GCP as new investors for the business. GCP will provide the new investment we need to execute an ambitious plan to keep expanding the business and to build upon our leading market position.”

This is the second deal that The Quinn Partnership has advised Growth Capital Partners on within the last six months. An investment in Iglu.com was completed earlier in the summer.

Mike Stiles, Director at The Quinn Partnership, comments “This is an experienced, passionate and capable management team that benchmarks well at Board and operational level. The business is now poised for further growth and success in their exciting new partnership with GCP.”

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