Enterprise Finance has announced a significant minority stake investment by David Campbell, who joins the board as non-executive chairman.

Campbell previously led the buy-out of Tilney, one of the UK’s oldest wealth management firms, with backing from private equity investor Bridgepoint and subsequently oversaw the subsequent sale of the business to Deutsche Bank. Following the acquisition, Campbell assumed global responsibility for all investment solutions at Deutsche including chairing the Global Investment Committee.

He has joined the Board of Enterprise Finance as non-executive chairman to help the executive team to continue to develop and expand the business.

Danny Waters, CEO of Enterprise Finance, said: “We are very excited to welcome David Campbell onto our board, and are delighted that David has chosen to commit significant funds into our business to obtain a minority stake.

“David has extensive experience of overseeing the organic and strategic growth of financial services companies, which we believe will be strongly complementary to the market strength and reputation of the executive management team.”

Campbell added: “Having undertaken a comprehensive market map of the sector for the past 12 months I am delighted to be able to make this investment in Enterprise. There are a wide range of strategic opportunities for the business and I am looking forward to supporting Danny and his team to exploit these.”