Meet the team investing in people powered businesses

Responsible, caring and fair

Our ambitious team have significant and varied experience. Whether entrepreneurs by trade or spirit, our small but knowledgeable team bring a combined experience of more than 150 years of running and investing in businesses. Our culture allows us to partner with business leaders, with a flexible and agile approach that embeds transparency, fairness and responsibility – for people and business – at every level.

  • Stuart Pepper Chief Technology Officer

    Experience

    With extensive experience in technology leadership, including substantial involvement in M&A. Stuart works with our portfolio companies to deliver strategic IT planning, and ensures long term benefit from IT investments from both an investment and operational standpoint.

    Traits

    • Leadership
    • Planning
    • Technology Driven
    • Strategist

    Connect

    Stuart Pepper

  • Giles Ruddle Group Chief Operating Officer

    Experience

    Giles is an experienced operator and business leader with a wealth of commercial and transformational experience who drives operational change in an engaging and practical manner.

    Traits

    • Human Resources
    • Property Management
    • Commercial Negotiations
    • Operational Support

    Connect

    Giles Ruddle

  • Tristan Ramus Founder, Investment Principal

    Experience

    With a long track record of successful mergers, acquisitions and business transformation, Tristan is a respected and recognised commercial decision-maker, motivated by positive business outcomes and known for inspiring ambitious leadership teams.

    Traits

    • Innovative
    • Focused
    • Entrepreneurial
    • Operationally Savvy
    • Collaborative
    • Respected Coach and Mentor
    • Mindful
    • Disciplined

    Connect

    Tristan Ramus

  • Ian Munro Investment Principal

    Experience

    Well respected in the private equity and advisory communities, Ian has a reputation for delivering successful M&As; driving outstanding investor and shareholder returns whilst building a strong portfolio of profitable global businesses.

    Traits

    • Energetic
    • Determined
    • Tenacious
    • Forward-thinking
    • Pioneering
    • Commercially Astute
    • Results-Driven
    • Synergistic
    • Engaged

    Connect

    Ian Munro

  • Katie Folwell-Davies Investment Partner

    Experience

    As a former senior Deloitte partner, Katie has been a deal maker in the human capital sector for 20 years. Having developed significant experience of international M&A in the human capital sector Katie has advised a multitude of successful transactions.

    Traits

    • Intellectual
    • Practical
    • Scrupulous
    • Industry Rain-Maker
    • Problem-Solver
    • Progressive
    • Loyal
    • Perseverant

    Connect

    Katie Folwell-Davies

  • Jamie Webb Chief Investment Officer

    Experience

    Jamie has substantial M&A experience and a thorough understanding of the challenges associated with rapidly growing organisations. With his unique style and warm approach, Jamie provides financial and growth confidence within leadership teams.

    Traits

    • Reputable
    • Proactive
    • Credible
    • Trusting
    • Instinctive
    • Conscientious
    • Visionary
    • Deeply Analytical
    • Purposeful

    Connect

    Jamie Webb

  • Chris Wolfe-Elder Investment Manager

    Experience

    With specialised knowledge in disputes, corporate finance lending, risk and compliance, Chris drives forward our advisory services. Chris completed his academic studies in 2019; gaining a wealth of experience with a raft of well known brands.

    Traits

    • Resilient
    • Adaptable
    • Self-Motivated
    • Logical
    • Clear-Headed
    • Strong Work Ethic
    • Unrelenting

    Connect

    Chris Wolfe-Elder

  • Colm McGinley Investment Partner

    Experience

    Colm is a successful business leader with extensive experience. Having successfully completed several M&A transactions, Colm is a recognised visionary who excels at building long-lasting partnerships and creating foundations for sustainable growth and success.

    Traits

    • Respected
    • Growth Driver
    • Innovator
    • Strategist
    • Financially Insightful
    • Visionary
    • People-focused

    Connect

    Colm McGinley

  • Balwinder Dhesi Head of Tax & Treasury

    Experience

    Balwinder is experienced in both direct and indirect tax, treasury management and financial reporting. She leads the discussion when it comes to our most important external stakeholders; the tax authorities and our various bankers.

    Traits

    • Financially Literate
    • Solution-Oriented
    • Organised
    • Perceptive
    • Savvy
    • Methodical
    • Accountable
    • Principled

    Connect

    Balwinder Dhesi

  • Mike Stewart Head of Financial Reporting

    Experience

    Mike has worked within various industry sectors transforming businesses from loss-making to profitability. His experience involves intricate financial management within the acquisitions, disposals and refinancing space.

    Traits

    • Inquisitive
    • Economically Astute
    • Dynamic
    • Perspicacious
    • Thorough
    • Investigative
    • Ambitious
    • Earnest

    Connect

    Mike Stewart

  • David Watkins General Counsel

    Experience

    David is an experienced and pragmatic commercial lawyer with substantial executive experience. With a legal remit across the portfolio, his flexible and inquisitive approach drives the best outcomes for everyone.

    Traits

    • Versatile
    • Flexible
    • Pragmatic
    • Deal-Driven
    • Analytical
    • Inquisitive
    • Perceptive
    • Social
    • Good Listener

    Connect

    David Watkins

Investing in our business leaders

Our entrepreneurial, hands-on approach is focused on people powered business, and the people powering those businesses are our focus. We invest in the best leadership teams across our portfolio, developing a unique relationship and creating an ecosystem of operational experience and support – and opportunity for our leaders.

Whether it’s our General Counsel David Watkins expanding his remit across the portfolio, Care Group CPO Samantha Kane taking on leadership of Operose Health or Esme Bianchi-Barry moving to lead our Affinity Workforce Solutions Business , we invest in our leaders.

“
"Working with Twenty20 has allowed our business to achieve great things. Their support is not only financial; they inspire and motivate new ways of thinking and innovative ways of achieving business success. Our aspirational growth goals are now becoming a reality".
Darren Roscoe, MD, The Recruitment Co.
“We are grateful to the Twenty20 Capital team for their continued support and investment, which allows us to provide a cost-effective and professional service to our clients in a candidate-shortage industry. Twenty20 are aligned to our purposeful mission and passion for transforming the education space.”
Esme Bianchi-Barry, CEO, Affinity Workforce
"The support and encouragement offered by Twenty20 Capital have allowed us to look closely at budget consolidation and productive financial savings. By exploring the true operational potential of our business, we are in a much more prosperous position".
Hani Al-Kutbi, In Country Director, Staffgroup
“Through the support of Twenty20 Capital, and their undoubted passion for the healthcare sector, we have been able to stabilise these businesses, drive significant growth across all arms, increased profitability and market share whilst delivering sustainable solutions aligned to our clients’ needs and objectives. This deal allowed us to proudly continue supporting the UK health service and local community and a vast number of service users”.
Gary Taylor, CEO , HCRG Workforce Solutions
"It was clear that with the support of the Twenty20 board, PMP Recruitment had gone from strength to strength, and we were honoured that Challenge-trg Group was recognised for its ability to further position and leverage the numerous growth opportunities and market synergies".
Tom Cropper, Group CEO of Challenge-trg
"With over 7,000 people, an impressive portfolio of clients and a track record of delivering high-quality solutions, Cordant Services is an outstanding business. This acquisition from Twenty20 Capital supported our ambitious growth plans and ability to deliver the most innovative high-quality services in the market".
Declan Doyle, CEO of Bidvest Noonan
"We’re really proud of the business we’ve built, and I’d like to thank Tristan and the team at Twenty20 Capital for helping us to get to where we are today. As we look to the next stage of our strategy, we see huge potential for continued growth".
Stephen Rundell, Co-Founder of Talos360
“Twenty20 Capital has presented us with the opportunity to continue changing lives by transforming health and care. They are aligned to our ethics and values and fully support us in delivering high-quality, purposeful services.”
Patrick Birchall, Managing Director of HCRG Care Group