Piers Linney is the current Co-CEO of cloud-based IT business Outsourcery. He is best known for being a ‘dragon’ on the BBC Two business series Dragons’ Den.
With Barbadian and English heritage, he grew up in Stoke- on-Trent before moving to Lancashire. Although Linney is usually described as an entrepreneur, he has a professional background in the City. After studying Accounting and Law at The University of Manchester, he qualified as a solicitor in the city with SJ Berwin.
He left law to join the UK investment banking team at Barclays de Zoete Wedd, where he met Simon Newton in 1997, followed by time spent working at Credit Suisse, where he specialised in mergers and acquisitions and leveraged buyouts. Linney left banking in 2000 to start an internet business and has since been involved in a number of technology , media and telecommunications businesses as a founder, director, investor and adviser.
After becoming the CEO of a corporate finance boutique, Linney became a partner in an alternative investment fund providing structured debt and equity financing to small cap public companies. In 2007, Linney led, in alliance with his friend and business partner, Simon Newton, the buyout of Genesis Communications, a mobile voice and data reseller company. In 2009 Genesis acquired Thus Mobile from Cable & Wireless and rebranded as Outsourcery to focus on the cloud IT and communications opportunity.
Linney was a founding member of the Governance Board of The UK’s Cloud Industry Forum and regularly appears in the media to discuss the benefits of cloud computing. In 2013, Linney was recognised in the JP Morgan sponsored Power List 2013 as one of the top 100 most influential black Britons.
Linney has been part of the Cabinet Office SME Pane advising on small and medium business issues. As an extension to his interest in business, Linney is a founding Trustee of the Powerlist Foundation which aims to identify and support tomorrow’s leaders irrespective of their race, gender, faith or ethnicity. He is involved in a range of other charities as a donor or patron.