Maven opens Middlesbrough office to further support North East businesses

Maven Capital Partners (“Maven”), one of the UK’s most active investors in growing businesses, has opened a new office in Middlesbrough as part of Maven’s commitment to the Northern Powerhouse Investment Fund II and continued dedication to Teesside and the rest of the North East.

Maven’s new office is in Middlesbrough's Boho Zone which is the digital, creative, and business hub of the Tees Valley. As Maven continues to strengthen its core sector investments in technology, engineering and manufacturing, life sciences and renewables, this location will serve as a centre for Maven’s activities in the Teesside region.

Maven has also joined the Tees Valley Business Club to further connect with businesses, providing local companies in Teesside with the necessary help, both in terms of the initial investment process and the ongoing support needed to grow sustainably.

The new office further strengthens Maven’s commitment to invest in the North East, having invested over £50 million in more than 40 companies across the region to date, creating over 1200 new jobs. In addition, the office allows Maven to continue supporting local businesses in Teesside as the appointed equity fund manager in the North East for the Northern Powerhouse Investment Fund II, bringing £50m additional funding to the region.

Maven will also be embarking on a recruitment drive to expand its investment team and identify more local businesses with high potential. The Financial Times’ European Cities and Regions of the Future report in February named Middlesbrough as the sixth best ‘small city’ for its foreign direct investment strategy, demonstrating its strong potential for economic growth and sustained innovation.

Maven is one of the UK’s most active investors and provides essential capital investment to UK businesses. Over the last six years, Maven’s North East team has made a significant and positive impact in the region from its existing base in Newcastle and Durham.