A private equity firm, which helped TalkTalk move from being a public to a private company in a £1.1bn deal, has opened a new Liverpool office.
Maven Capital Partners has moved into Avenue HQ St Paul’s Square, in the city's business and commercial district.
The local investment team is led by Paul Leyland and has previously funded 12 businesses and invested more than £8.5m into the region.
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Mr Leyland said: "Having delivered 12 growth capital investments into the Liverpool City Region over the last four years and seen an increased amount of deal activity, it is clear that establishing a presence here was a logical next step and it demonstrates our commitment to the area.
"Liverpool has a vast community of owner-managed businesses supported by outstanding professional advisers, however a very small number of equity providers are based here.
"Establishing a presence in Liverpool will help unlock significant investment into the region."
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Mark Basnett, managing director of Growth Platform, added: "Having Maven move into the city region is great news.
"By helping innovative and ambitious companies grow and invest the Northern Powerhouse Investment Fund has had a fantastic impact on unlocking business potential and creating jobs in the city region.
"Having a dedicated office here now means our local businesses will have the necessary help, both in terms of the initial investment process and the ongoing support they need to be able to sustain and grow.
"I wish them a very warm welcome to the region and look forward to working together in the future."