Synova

Synova is a growth focused investor supporting UK and Irish companies valued between £30m and £150m. The firm manages £750m of capital on behalf of institutional investors and family offices and invests across four sectors: Technology, Health and Education, Business Services and Financial Services.[1] Synova partners with founders and managers to accelerate growth and drive exceptional returns.

Synova

Type	Limited liability partnership
Industry	Private equity, venture capital
Founded	2007
Founders	David Menton Philip Shapiro
Headquarters	London , United Kingdom
Area served	United Kingdom
Products	Venture capital, private equity funds, equity investment, management buy-in, management buyout, growth capital
AUM	£750 million
Website	www.synova.pe

The firm was named UK House of the Year at the 2020 Private Equity Awards and House of the Year at the 2019 British Private Equity Awards, the third time in six years Synova has won this prestigious accolade.[2] According to Preqin Synova's returns currently place the firm as the UK's top performing private equity fund.[3]

Synova was founded in 2007 by its managing partners, David Menton and Philip Shapiro. Synova's other partners include Tim Ashlin, Alex Bowden, Daniel Parker and Zachary Tsai.

Synova's 2007 Fund I was fully realised in 2018 generating a 4x return for investors. Synova's £110m 2013 Fund II has now returned three times its total invested capital following exits in 2018 and 2019 with only half the fund realised. Synova closed its 2016 third fund at £250 million which is performing strongly with three times its total invested capital returned with only a third of the fund realised. Synova closed its 2019 fourth fund at its £365m hard cap.

Notable exits include the sale of Kinapse to Hg Capital generating a 16x return, the sale of Tonic Games to Epic Games for a 9x return and 200% IRR, the sale of Mandata for a 8x return and the sale of Mintec to Five Arrows Principal Investments for a 12x return.