Aurelius reinforces value creation expertise with further appointment of operational executive


Aurelius reinforces value creation expertise with further appointment of operational executive

London, 21 March 2016 – Aurelius Group (ISIN DE000A0JK2A8) (“Aurelius” or “the Group”), the panEuropean mid-market investor, today announces the appointment of Ben Paice as Operations Manager to its UK operational team. Ben begins his role at Aurelius with immediate effect where he will be placed at Allied Healthcare, the UK market-leading domiciliary care business acquired from Saga plc in December 2015. This appointment, which is the third hire to Aurelius’ UK operational team in the last 12 months, gives Aurelius further operational expertise to commit to its growing portfolio of investee companies.

Ben has almost 10 years’ experience in advising businesses on restructuring and operational improvement. Prior to joining Aurelius Ben worked as an Associate Director at the turnaround consultancy AlixPartners, where he worked on a number of large restructuring processes for both midmarket and large-cap businesses in a number of sectors and geographies. Before this, Ben worked as a Manager at the global business advisory firm BDO LLP for six years.

Ben’s appointment builds on the recent hires of Simon Brott and Gavin Duke to Aurelius’ UK operational ‘taskforce.’

Simon joined Aurelius as a Senior Operations Manager in June 2015 after receiving his MBA from Madrid’s IE Business School. He now works at the Aurelius investee company SOLIDUS SOLUTIONS (former solid board operations of Smurfit Kappa in the UK, France, Belgium, the Netherlands and Norway) where he works across the business’ European sites. Before moving to Aurelius, Simon worked as a Senior Director at FTI Consulting with a secondment to HSBC's Workout Team, from 2012-2014. Before that, he was a Senior Manager at KPMG’s former Australian restructuring practice McGrathNicol from 2008-2012. Simon is a trained accountant and has also worked at KPMG in the Republic of Ireland from 2004-2008.

Gavin joined Aurelius as a Senior Operations Manager in April 2015. Gavin now works within Aurelius’ investee company Evolve Polymers, a leading recycler of mixed plastics. Prior to joining Aurelius, Gavin worked at Aloe Private Equity (“Aloe”) for six years between 2009 and 2015 where he focused on the environmental technology sector; his role at Aloe included a Non-Executive Director position at investee company Environcom. Gavin was a Market Analyst at ITI Energy (2006-2008) and has an MBA from Imperial College London. Prior to this, Gavin worked as chemical engineer for Air Products plc (2003- 2005) and Tate & Lyle, were he worked for four years from 1999.

Commenting on these appointments, Tristan Nagler, Managing Director of Aurelius in the UK, said: “Since inception, Aurelius has focused on creating value to its investee companies through delivering operational improvement. These appointments to our UK team further bolsters the Group’s specialist operational taskforce of over 75 people responsible for delivering this vital, ‘hands-on’ strategic support to our investee companies.

“Allied Healthcare, SOLIDUS SOLUTIONS, and Evolve Polymers exemplify the diverse range of special situations in which Aurelius invests in the UK. By recruiting some of the best available restructuring talent like Ben, Simon, and Gavin, the Group is well positioned to provide the support needed to build these investments into strong and sustainable businesses.”