Imbiba announces three new Operating Partners
Having closed its second investment Fund at the hard-cap target of £90m, Imbiba has added to its senior team with the appointment of three new Operating Partners: Samir Shah, Andrew Maxwell and Heidi Duckworth.
The three new partners join Imbiba at their Covent Garden offices in London.
Samir joins Imbiba as Operating Partner and CFO from Third Space, the premium boutique gym business, where he was CFO for eight years during which time the business grew from three sites to twelve sites with the business being sold to KSL Partners. Prior to joining Third Space, Samir was CFO of three private equity backed businesses.
Andrew joins Imbiba having built Boojum, the premium Irish-based burrito business, alongside his brother to fifteen sites before selling the company to Azzuri. Prior to Boojum, Andrew founded and exited three other businesses across hospitality, technology and education in the UK and the US.
Heidi was the founder of Rock Up, the UK’s leading fun climbing business with multiple venues across the UK, which she grew successfully before selling to Hapik, the French based global climbing business. Prior to founding Rock Up, Heidi spent seven years at Montagu Private Equity having started her career at Boston Consulting Group.
Commenting on the recent appointments, Darrel Connell, Imbiba Managing Partner, said: “we’re absolutely delighted that Samir, Andrew and Heidi have joined the Imbiba team. They each have wide ranging experience as entrepreneurs and operators of industry leading businesses in their respective sub-sectors. Most crucially, their combined success across different geographies and industries is very recent and relevant; an important factor with consumer tastes and priorities evolving faster than ever. I’m sure the many great businesses in our portfolio will greatly benefit from their significant collective experience.”