Sydney, 9 September 2009 (ASX: BVA/OTCQX: BRVSY) – Bravura Solutions (Bravura) – a leading global supplier of wealth management applications and professional services – is pleased to announce the appointments of Mr Matthew McLellan and Mr Neil Broekhuizen as non-executive directors.
Matthew and Neil have been appointed following the successful approval of the Recapitalisation Proposal by shareholders at the General Meeting on 24 July 2009, in accordance with the terms of the Underwriting Agreement, and the formal completion of the Recapitalisation Proposal on Monday.
Matthew is a Director of Ironbridge Capital and has more than 11 years’ private equity experience. He has been a senior executive at Ironbridge Capital since 2005. Matthew most recently led the Ironbridge Fund II’s investment in EnviroWaste.
Matthew holds a Bachelor of Business degree from the University of Technology, Sydney.
Neil is a Managing Partner of Ironbridge Capital and has more than 15 years’ of private equity experience with Investcorp and Bridgepoint Capital in Europe and with Gresham Private Equity and Ironbridge Capital in Australia. Neil most recently led the Ironbridge Fund II investment in Healthbridge.
Neil is a qualified Chartered Accountant and holds a BSc (Eng) (Hons) degree from Imperial College, University of London, where he read electronic engineering.
Mr Chris Ryan, Chairman of Bravura said: “On behalf of Bravura’s shareholders, we are pleased to welcome Matthew and Neil to the Board. We look forward to the considerable expertise they will both bring to the Company as we to continue to focus on delivering outstanding results for customers and increasing long-term shareholder value.”
Matthew and Neil officially commenced their roles on 8 September 2009.