About Mark Horgan

Mark Horgan has had a career building valuable solutions to enhance the performance and value of businesses. In later years (since 2005), this has been accomplished in highly regulated, complex international markets. Moneycorp, where he was CEO for 12 years, had a CAGR of 23%, made 5 acquisitions, obtained 2 bank licenses, organically rolled into 5 countries, and established membership of a Federal Reserve Bank program for clearing dollars. The business was successfully repositioned as a B2B cross-border electronic payments business and exited from the legacy B2C OTC cash business. Moneycorp was valued at under £100m in 2012 and is now reputed to be a unicorn in the UK fintech sector. This business was owned by Pollen St Capital and sold to Bridgepoint in a secondary PE transaction in 2014. Mark Horgan was a key member of the management team inserted into Travelex in 2009 by Apax to recover from the impact of the Global Financial Crisis. Travelex returned to growth, disposed of 2 business units, and generated close to $2B of value in 2 years. In 2005, he joined 118118, a Telco Services business owned by a NY PE house. The strengthening of the highly visible brand campaign, the acquisition of 118.com with broader access to EU markets delivered an EBITDA of over $170m and value in excess of $2B, in a transaction that was compromised by the GFC. Between 1999 and 2005, Mark Horgan enjoyed a period in the highly competitive UK retail sector with vertically integrated homeware retailer MFI. This was a retail turnaround and incubated the hugely successful Howdens Joinery. This required the upgrade of the product, store experience, and market entry strategy. The development of the business was compromised by a failed ERP implementation that impacted cash flow, operating costs, and ultimately resulted in a redefinition of strategy. Prior to this, Mark Horgan had a successful career as a brand marketeer, working on a number of international brands. The most notable was M&M’s, where he played a central role in the establishment of the character campaign, which is now one of the world's longest-running and highest-grossing media campaigns. This solidified M&M’s as the world’s largest confectionery brand with sales in excess of $4B in 1996.