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Management Team
Abacus Partners represents the capital and experience of a team of
seasoned business operators, entrepreneurs, academics and investment
experts. The fund is operated by its managing director - Ritz
Steytler - and is backed by a group of high net-worth individuals.
In addition to providing access to substantial capital, these
investors bring decades of experience in assessing investment
opportunities, managing acquisitions and ownership transitions, and
growing businesses in a variety of industries. They are investing
their personal assets in Abacus Partners and will serve as advisors
and directors in any acquisition. As a result, we offer the
opportunity to enhance the long term value of the companies we
acquire, with the benefit of the advice and guidance of some of the
most successful business leaders in Europe, Africa and the United States.
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Ritz Steytler

Contact Ritz Steytler |
Ritz
has
more than 17 years business experience, having conducted strategy,
business change, process re-engineering, offshore development,
outsourcing and leading-edge technology implementation projects for
some of the world's largest companies in the retail; media;
high-tech; telecommunications; government; financial services;
software; utilities; automotive; and petrochemicals industries.
Prior to founding Abacus Partners, Ritz spent four years as a
strategic technology integration and management consultant with IBM
Global Business Services. In this role he was focused on the
delivery of large scale strategic change and technology
implementation programmes larger than £50m in size, for global
blue-chip corporations and government organisations.
Prior to joining IBM, Ritz spent 12 years as a management
consultant with Accenture, where he was instrumental in the
successful implementation of some of the world's most ambitious
transformational outsourcing programmes, the development of
bleeding-edge technology platforms and the delivery of some of the
largest business and IT change programmes in Europe.
Ritz holds a Bachelor of
Commerce degree in Computer Science from Stellenbosch University and
an Executive MBA with Distinction from London Business School.
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Chris Batterham
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Chris is a qualified Chartered Accountant with significant
experience in the IT sector. He graduated from Cambridge University
in 1976 and qualified as a Chartered Accountant with Arthur Andersen
in 1979. He worked for a variety of businesses before joining
Unipalm Group plc (now UUNET) as group finance director in 1993,
where he was involved in its flotation on the London Stock Exchange.
Following the acquisition of UUNET by WorldCom, he became
international development director.
Chris is currently Chairman of Eckoh plc. He was CFO of Searchspace
until 2005 and is currently a non executive director of SDL plc,
Iomart Group plc, Office2Office plc, DRS Group plc, Betfair Group
Limited and The Risk Advisory Group. Chris has also served on the
boards of Staffware plc, DBS Management plc and The Invesco Techmark
Enterprise Trust plc.
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Craig L. Burr
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Craig is an early venture capital investor, notable for his role in
the founding Burr, Egan, Deleage & Co. (BEDCO) in 1979. BEDCO
invested in information technology, communications, and healthcare /
biotechnology companies.
Craig served on the Board of Directors of the New England Venture
Capital Association. He also serves on the boards of several private
companies and non-profit organizations, as well as a limited partner
of a number of emerging venture capital firms. Craig received his
BA, cum laude, from Harvard College and his MBA from Harvard
Business School.
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Andrew Dixon
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Andrew was previously a Vice President at Goldman Sachs, the world's
premier investment bank, where he advised gold producers, end-users,
central banks & investors across the Asian region as to appropriate
commodity derivative hedging strategies. He cut his teeth in this
sector at Societe Generale in Tokyo and Sydney.
Along with Robin Tombs, he was a seed financier of IDM Limited,
which was eventually sold to Gameplay plc in 1999. He moved on from
Goldman Sachs in order to pursue further angel investments and to
manage his own portfolio, and in 2001 he co-founded ARC InterCapital
Ltd. Andrew graduated from Aberystwyth University in Wales in 1991
with a degree in International Politics, and holds an MBA from
London Business School.
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William P. Egan
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Bill is founder and General Partner of Alta Communications and
Marion Equity Partners LLC, Massachusetts-based venture capital
firms. He founded Alta's predecessor firm, Burr, Egan, Deleage & Co.
in 1979, and has identified and backed several of America's leading
growth companies in the information technology, life sciences, and
communications industries. Prior to founding Burr, Egan, Deleage &
Co., Bill was a Partner at TA Associates. He began his career as a
Manager of Venture Capital for New England Enterprise Capital
Corporation.
He is past President and Chairman of the National Venture Capital
Association, a former Trustee of Fairfield University, a member of
the Board of Overseers of The Wharton School and a Trustee of the
University of Pennsylvania. He is a member of the Board of Directors
of Cephalon, Inc., CRH plc, and a number of privately held
companies. Bill is also a trustee of the Isabella Stewart Gardner
Museum and the Duniry Foundation. Bill received a degree in
Economics from Fairfield University and an MBA from The Wharton
School.
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Rob Johnson
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Rob co-founded and ran a US-based venture capital backed company in
the 1980s. Since the successful sale of the company, he has been an
active investor in a number of private companies in the US and the
UK.
Rob is a partner in Dublin-based Delta Partners, serves on the
Advisory Board of Palamon Capital Partners in London, and is
Visiting Professor at IESE Business School in Barcelona, where he
teaches a course on venture capital.
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Frank Kenny
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Frank founded Delta Partners in 1994, having previously worked in
the venture capital industry with Burr, Egan, Deleage & Co. in
Boston from 1983 to 1993. He was on the Board of many private
technology companies in the U.S.A. and was on two NASDAQ Boards,
Abacus Direct Corporation and Vivid Technologies Inc. from 1989 to
1999.
Frank currently serves on a number of private Boards, including
Advanced Surgical Concepts, Qumas, Neoss, WeShop and Dublin
Aerospace. He also serves on the Board of AGI Therapeutics Ltd.
Frank holds a B. Comm. and M. Econ. Sc. from University College
Dublin and an MBA from University of Chicago.
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Bryan Meehan
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Bryan is an entrepreneur and investor in the natural products
industry. He was formerly the founder and CEO of Fresh & Wild, the
leading retailer of organic and natural foods in the U.K. The
company was founded in 1999 and acquired in 2004 by Whole Foods
Markets. After the sale of Fresh & Wild, Bryan set up
venture-capital firm Greenmont Capital, dedicated to funding
innovative green projects. He is the founder of Nude Skincare, which
has become a celebrated British brand, synonymous with high
performance, results driven skincare and sustainable, ethical
values.
Previously, he was Managing Director of Roundstone Investments, a
private investment fund. Prior to that, Bryan was a Senior Manager
in Sales and Marketing at Guinness (now Diageo). He currently serves
on the Board of TBE Southern, a property investment company, and
Nude Skincare. Bryan also represents Greenmont I on the Boards of
Little Dish and Mary’s Gone Crackers. He holds a B.A. degree in
Economics from Trinity College Dublin and an M.B.A. from Harvard
Business School.
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Maurice Pinto
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Maurice is an investor, entrepreneur and former part-time professor
at London Business School. Over the course of his career, he has
invested in a number of new and developing businesses, both in the
US and Europe. He co-founded Sea Containers with James Sherwood in
1965. He co-led the buy-out of SDX Business Systems, a telephone
equipment business, and was its chairman when it floated in 1996 and
eventually sold to Lucent in 1998.
Maurice tried with some limited success to revive the fortunes of
traditional UK men's hat-maker Christy's, which was sold to an
external management team in 2007. He is a prolific angel investor in
the UK, and was the only investor in Innocent, the well known UK
maker of smoothies and is one of Innocent's major shareholders.
Maurice currently serves on the board of the English National Ballet
and is Chairman of Ballet Black. He received his undergraduate
degree in economics from Yale University and an MBA with Distinction
from Harvard Business School.
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Mike Steytler
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Mike spent his career as a registered natural scientist, marketer
and manager in the chemical and pharmaceutical industries, with
global blue-chip organisations such as American Cyanamid, Roussel
Uclaf, Hoechst AG and Schering AG. During this time he made frequent
business visits overseas and travelled extensively throughout all
the countries of Southern Africa, assisting governments with malaria
mosquito control, agricultural pest management, animal production
and many other biological-related issues.
Mike subsequently founded South Africa's leading biological research
business Biocon Research in the 1990's, specialising in contract
research for global pharmaceutical and chemical organisations.
Biocon was eventually sold to Avimune (a company involved in the
manufacture of poultry vaccines) in 2007. He holds a B.Sc. Hon.
degree in Entomology and Plant Pathology from Stellenbosch
University and a Masters in Business Leadership from UNISA.
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Kent Weaver
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Kent is currently Chairman and CEO of Progressive Home Care.
Previously, he held executive positions in marketing and product
management for KnowledgeLINK, a venture-backed technology services
company. Prior to this, he served as a regional CFO and business
analyst in PepsiCo's Pizza Hut Division.
Kent began his career with Ernst & Young, where he led engagement
teams in the areas of strategic formation, valuation, restructuring,
and corporate finance. Kent received his BS in Finance from the
University of Southern California and MBA from the University of
California, Los Angeles.
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Simon Webster
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Simon was the first person to undertake a funded search in the UK.
The fund enabled him to acquire orthotics and prosthetics business
Rehabilitation Services Ltd. in 1995. As the CEO of RSL, he grew the
business from £3.5m to £30m sales and EBITDA from £0.4m to £2.4m,
over a ten year period. He became the chairman of the industry
association, representing the industry at a Government level. He
successfully sold the business in December 2005, realising an
excellent return for investors.
Simon remains entrepreneurial and is committed to building
businesses and generating capital growth in either an executive or
non-executive capacity, primarily focused on opportunities in the
healthcare sector. He is an active angel investor and is the
chairman of the British Search Fund Association, which aims to
promote the search fund concept in the UK and Europe. Simon holds an
MBA from London Business School.
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Keith Willey
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Keith is Adjunct Associate Professor of Strategic and International
Management and Entrepreneurship at London Business School and
formerly Executive Director of the School's Foundation for
Entrepreneurial Management. He leads the Managing the Growing
Business and New Technology Ventures courses. His work at London
Business School focuses on entrepreneurship, venture capital,
managing growth, technology ventures and organisation development.
He has served as judge on Ernst & Young’s international programme
“Entrepreneur of the Year”, also delivering the annual Masterclass
to UK finalists.
Keith’s main activity outside LBS is helping entrepreneurs to build,
buy and sell ventures. Previously he was COO and acting FD of Sussex
Place Ventures, involved in all aspects of raising and investing
venture capital funds in early stage businesses. He served on
several Boards of the 30-strong portfolio of businesses which were
mainly technology-based. As well as acting as Finance Director, he
managed creation of deal flow, assessment of investments, investment
process, steering of investee companies and exit. Previously Keith
was a director of a boutique consulting practice that grew
entrepreneurially during the 90s when it was closely associated with
the major corporate restructuring initiatives of the time and was on
the general management track at BAT plc, latterly as head of
strategy for one of its divisions.
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