London firm Mobeus Equity Partners has boosted its investment team with three new hires including the appointment of Richard Babington as its new investment director.
Babington, pictured, most recently worked for NGBI Private Equity, where he spent 8 years and led a number of MBOs and BIMBOs with a focus on the food sector.
Mobeus has also hired Clive Austin and its former investment manager Guy Blackburn as portfolio directors.
Prior to joining Mobeus, Austin worked NVM Private Equity and 3i.
Mobeus provides loans and makes equity investments of £2m to £10m in UK-based lower mid-market companies across all sectors.
Its portfolio companies include car valeting business Motorclean, which received a £3.2m investment from the firm last year.
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