Press Release - New Ventures business launched with four successful CEOs


For Immediate Release

New Ventures business launched in the City with four successful CEOs

26 May 2021

A ground-breaking ventures business has been formed via a partnership between the city advisory group Forster Chase and 4 successful CEOs/entrepreneurs, designed to guide and turbo charge young companies through to highly valuable exits. Forster Chase Ventures, in conjunction with the other companies in the group (Forster Chase Executive Search, Forster Chase Corporate Finance) will create significant value for founders and shareholders by delivering exceptional strategy, people, distribution and capital solutions. Given the cashflow challenges that young businesses often face, this will be a cost-effective model that is focused on long term mutual success and growth.

Over multiple years of advising companies around fundraising Forster Chase has noticed a large gap in the market. Early and growth stage companies are being let down by inadequate advice but also a real lack of smart capital. In these early stages of the companies life it is vital that the entrepreneur receives advice and guidance from others who have been there themselves and faced the same problems and dilemmas. Over the last few years we have seen hundreds of companies with similar problems and no immediate solutions and because of this we have decided to launch Forster Chase Ventures. 

Forster Chase Ventures has been built from the ground up with the entrepreneur in mind. The business has a panel of well known ex-chief executives and entrepreneurs who have all been there themselves and understand how small businesses work. This panel will work on a daily basis to help guide the entrepreneur through early-stage funding rounds but will also add real-world expertise and value in those crucial first few years of a company‘s growth. 

Not only that but Forster Chase as a whole will bring to bear it’s experience and contact base across all its business units including executive search and corporate finance to really supercharge the growth of the businesses. 

The panel of former chief executives and entrepreneurs who will work with us to advise businesses are : 

Irish Dragon's Den panelist Eleanor McEvoy, former CEO and founder of Budget Energy the first privatised utilities company in Northern Ireland which had a turnover of over £39m in 2019.

Peter Chambers former CEO and CIO of Legal and General Investment Management and former CEO of Framlington Group that was sold to AXA for £175m.

Jeremy Lewis former CEO of AIM listed Universe Group Plc which services 6,000 retail sites and processing more than 15billion transactions per year.

Andrew Darfoor former CEO of global Wealth Management company Alexander Forbes, and Financial advisory companies Sun Life and Old Mutual.  


Forster Chase Ventures chairman Nick Watts commented, “We have selected a group of people who share our values and philosophy yet have highly differentiated skills and experience which we believe will be complimentary to our team so we are exceptionally well positioned to help emerging companies across numerous industries meet their full potential over their life-cycle. I am very excited to Chair this new initiative and look forward to discovering and working with growing and innovative companies.” 

Leo Meggitt Co-founder of Forster Chase Group said, “This is an incredibly exciting development for the group and a critical part of our vision to create an advisory ecosystem that can assist the brightest young companies from an early stage all the way through to eventual exit. Through our superb set of advisors, our wider services and our entrepreneurial approach we aim to create significant value for founders and investors and in a greatly accelerated timeframe.” 

Forster Chase Ventures is now actively looking for smaller and growth stage companies who have a genuine market opportunity to create real value or societal/environmental change who are looking to work collaboratively with a business that can really help them achieve their ambitions in a much shorter time frame. If this strikes a chord with what you are looking to do please do get in touch with us for a confidential discussion around your future plans.

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About Forster Chase

Forster Chase advises on and executes growth strategies for its clients, primarily through corporate finance transactions and executive search solutions.. Our belief that success is driven by a sound financial strategy delivered by talented people has shaped our Corporate Finance and Executive Search services. Working across all sectors and led by highly experienced partners, we focus on the mid market with clients ranging from SMEs to Multi-nationals, Private Equity Firms, Family Offices and Entrepreneurs. Our services support the full life cycle of business and include: 

  • Start-up & Seed Funding
  • Growth Advisory & Strategy formation
  • Executive Search & Selection
  • Mergers, Acquisition or Sale.

Press Contacts

Chris Grove, Senior Partner, chrisgrove@forsterchase.com 

Leo Meggitt, Senior Partner, leomeggitt@forsterchase.com