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Business & Economy

Middleton Enterprises appoints new COO

Investment firm Middleton Enterprises has appointed David Alprovich as chief operating officer.

A Northumbria University graduate with a first-class honours in Finance and Investment Management, David originally joined the company from Brewin Dolphin as a commercial assistant.

He rose through the ranks as the business grew into a £100 million investment firm, making investments through the UK from its office on the Quayside in Newcastle.

Its portfolio comprises listed companies, private equity and venture capital investment in firms like One Utility Bill, Refract and Atom Bank.

The Middleton Enterprises team works with successful operators, helping them to grow and create employment opportunities. It has grown from three staff to nine, with an office recently opened in London.

Speaking about the growth of the business, David said: “We have been fortunate enough to back some great entrepreneurs and enable them to grow successful businesses.

“We helped House Buyer Bureau to grow from a regional property company to a national operation which buys and sells £100 million property per annum.

“We cofounded Conviction Investment Partners, which has invested £30 million into early stage software companies.

“As a result, Middleton Enterprises has expanded so that it has the capability to find, fund and grow more exciting companies.”