25 Oct 2019
Zeus Capital founder Richard Hughes has been named the most successful dealmaker of the last 25 years at the North West Business Insider Dealmakers Awards – an award voted for entirely by the North West’s corporate finance community.
Richard was praised by Insider for his involvement in the creation of some of the region’s biggest success stories, including Zeus Capital, Altium, Palatine and e-commerce business boohoo.com.
The firm remains one of the most prolific fundraisers on London’s Alternative Investment Market (AIM), with Zeus Capital responsible for the most IPO funds on the junior market as sole broker since 2014.
Hosted at Manchester Central and compered by Vernon Kay, the 25th annual North West Dealmakers Awards celebrated the accomplishments of the region’s corporate finance, legal, funding and private equity community.
Richard Hughes said: “It’s a fantastic achievement, especially when I look at the list of nominees – it’s full of people that I looked up to when I started out. I’m extremely proud to have worked alongside some incredible people at each of Palatine, Altium and Zeus, as well as being inspired by many of the unbelievable entrepreneurs I have worked with over the last 25 years.
“As a highlight, it’s difficult to top the growth of boohoo. From watching that business turn over £37 on its first day of trading to achieving a £560m IPO, it’s testament to the drive of Mahmud and the creativity of Carol at its heart. It’s been amazing to have been on the board of that company as it transformed into a real giant, and I truly believe it will one day become a FTSE company – you haven’t seen anything yet.
“The growth of Zeus is also a source of great pride, driving the IPO market with the likes of boohoo, Tatton, Purple bricks and most recently DWF. Supporting the development of the next generation of dealmakers will continue to be a key focus of mine, as we have now built a team full of some of the UK’s brightest minds.”