Sandeep Banga has joined private equity house KCP as Investment Manager in its London office.
A chartered accountant and experienced corporate finance adviser, Sandeep joins from HomeServe plc where he worked as Head of Corporate Development managing the company’s merger and acquisition strategy. Previously, he spent four years with Moore Stephens, latterly as a Senior Associate in their corporate finance team, having initially joined as part of their graduate programme.
Working alongside KCP partners Philip Duquenoy, James Excell and Mike Fell in the firm’s London office, Sandeep’s appointment will provide depth to the team as it continues to invest and work with the leading SMEs and management teams across the South of England.
KCP partner James Excell said: "Sandeep’s strong track record working alongside management teams as both an investor at HomeServe and as an advisor at Moore Stephens will further strengthen our team. We are pleased to welcome Sandeep to KCP following a successful period for the firm.”
“Over the past 18 months we exited three investments, delivering a 5.8x return to our investors. Exits included the sale of Sparta Global to Inflexion, Routes Healthcare sale to Palatine Private Equity and IPO of CMOStores.com in July 2021. We have also completed two new investments during this period, including market leading fire, security and communications integrator Total Integrated Solutions.”
Sandeep commented: “I am delighted to join KCP and very much look forward to supporting the team in continuing to be a market leader in the SME buyout space.”
KCP makes equity investments of between £3m and £15m and has a strong reputation of deliverability and a track record of producing outstanding returns for its investors. Previous investments by the firm include Sparta Global, CMOStores.com and Avantis.