NFT chief exec shortlisted for BVCA award

Alfreton, Derbyshire, UK: NFT’s chief executive, David Frankish has been shortlisted for the national finals of the British Private Equity and Venture Capital Association (BVCA) Management Team Awards.

David is a well-deserved contender for CEO of the year, in recognition of NFT’s success since he led a management buyout with Phoenix Partners in 2006. The award is for CEOs who have enjoyed a successful and inspiring career at the helm of one or many private equity and venture capital-backed companies in the UK, says a company spokeperson.

NFT’s chief executive, David Frankish has been shortlisted for the national finals of the British Private Equity and Venture Capital Association’s Management Team Awards

“Since 2006, David has transformed NFT from an in-house distribution arm of its previous parent company Northern Foods, into the UK’s market leader in chilled food and drink distribution.  During this period NFT has enjoyed 8% per annum compound sales growth and confidently predicts a similar increase for FY 2013,” she says.

The BVCA is the industry body and public policy advocate for the private equity and venture capital industry in the UK. The awards ceremony will take place on 5 July at the Lancaster Hotel, London.

David won the CEO of the Year’award for the Midlands region in April 2012 beating stiff competition and automatically qualified as one of six UK regional winners for the national finals.

About BVCA
• More than 500 firms make up the BVCA members and this number continues to grow as the knowledge, news and counsel the BVCA is able to offer its membership is recognised as increasingly invaluable and essential. The BVCA Membership comprises 230 private equity, midmarket and venture capital firms with an accumulated total of over £200 billion funds under management; as well as nearly 300 professional advisory firms, including legal, accounting, regulatory and tax advisers, corporate financiers, due diligence professionals, environmental advisers, transaction services providers, and placement agents.  Additional members include international investors and funds-of-funds, secondary purchasers, university teams and academics and fellow national private equity and venture capital associations globally.