Next57

The founders

Three of us. Fifty-seven years, six continents, thirty board seats.

We have worked together since 2008, building and running international businesses in engineering, environmental technology and manufacturing. One of us started as a graduate engineer and became a Group CEO. One became a Group CFO. One started as a placement student and became Business Development Director and a board member. All before the age of 40.

Along the way we built a global environmental business from a concept and a North American business from the ground up, and scaled a third-of-a-million-square-foot manufacturing operation.

Then we did it for ourselves. We found an opportunity in the United States, attracted $1.9bn of inbound investor interest and offers approaching $1bn, signed a $120m contract, and put $40m to work building the business from scratch. We now have three businesses there. So we know what it is to build value inside somebody else's company, and we know what it is to own the thing you build. Next57 exists because most people only ever get the first one.

Two of us are builders by instinct: Darren is the most creative of us, and Marc has run both the start-up and the scale-up. Colin brings the process, governance and rigour that scale needs. That mix is why the three of us work.

Marc Jennings

Co-founder · Leadership and strategy

  • Former Group CEO, international engineering group
  • Built a global environmental business from a concept
  • Scaled a third-of-a-million sq ft factory
  • Boards of eleven companies in six countries
  • BEng Mechanical Engineering, Queen's University Belfast
  • MSc Engineering Management, Brunel University
  • LinkedIn

Marc joined an international engineering group as a graduate engineer and was in the C-suite within nine years.

He took an environmental technology business from a concept to a global operation on four continents, creating products and markets that had not existed before. At its peak it turned over £13.6m, and it made more than £5m of profit along the way.

He was then asked, well outside his remit, to fix a third-of-a-million-square-foot manufacturing operation that was struggling. He scaled it: new equipment, new processes, and most of the team recruited. As Group CEO he led the group through the most profitable period in its history, doubling revenue to £132m, with a record year for revenue or profit in four of his five full years. The year before he took over, its three companies had barely broken even between them.

He also hired the people who ran it. Recruiting the general managers and regional presidents who led the group's businesses around the world was a core part of the job, and he spent months of every year in the United States doing a good deal of it. He has sat on the boards of eleven companies in six countries.

Outside work he has founded not-for-profit organisations and gives strategic advice to several charities.

The real story was never the numbers. It was learning to put people where they have the most impact, and to back them fully. Marc

Colin Trainor

Co-founder · Finance and deals

  • Fourteen years at Group CFO level
  • Big Four trained, Ernst & Young
  • Nine figures of private equity raised
  • Sovereign-guaranteed and cross-border finance
  • More than ten company boards
  • FCA, Chartered Accountants Ireland
  • BSc Accounting, Queen's University Belfast
  • LinkedIn

Colin is a chartered accountant, Big Four trained at Ernst & Young, with fourteen years at Group CFO level across a family of international engineering businesses, including their North American and European companies. He carried the financial and commercial governance of eleven companies on five continents through a period of rapid growth, led their financial and digital transformation, and has sat on more than ten company boards.

He makes deals work where most finance teams would not try. He closed large contracts in the Middle East, India, Mongolia, Argentina and Brazil, where getting a project financed, and getting the money back out again, needed structures built for the purpose, including sovereign-guaranteed financing. He went on to raise nine figures of private equity for the business the three of us founded in the United States.

He is not the finance director who says no on principle. The useful thing about Colin in a deal is that he will price a risk rather than avoid it, then tell you plainly which parts of it are worth taking and which are not. He reads a set of accounts as an owner rather than an auditor.

Away from the day job he was one of the early pioneers of expected goals analytics in football, and for the past several seasons he has been head of analysis for one of the most successful teams in Gaelic football.

Truth over comfort. Direct, evidence-based clarity over short-term noise. Colin

Darren Eastwood

Co-founder · Growth and international markets

  • Placement student to Business Development Director and board member, before 40
  • Lived and worked in London, India, Qatar and the United States
  • Led a North American business to eight figures
  • Nine figures of private equity raised
  • Built a $40m US business from scratch
  • Chartered Mechanical Engineer, IMechE
  • MEng Mechanical Engineering, University of Nottingham
  • Postgraduate Diploma in International Sales, Dublin Institute of Technology
  • LinkedIn

Darren rose from placement student to Business Development Director and board member before the age of 40. Throughout, he has gone looking for the biggest problems nobody had solved and built the answer: recycling materials that had never been recycled in Australia, changing how the food sector deals with its waste, and some of the first plants for treating PFAS. He has solved problems for water utilities, mining, soil remediation, pharmaceuticals and food, and more than once he was the person who made the market exist.

He is a business builder rather than a salesman. He recruited senior people, built and structured teams, and spent more than two decades taking environmental technology businesses into export markets around the world, living in London, India, Qatar and the United States along the way. He closed multi-million deals in some of the hardest places in the world to finance and do business, across languages and cultures. He then led a North American business through its biggest period of growth, to eight figures.

Then he did it for himself. He identified the opportunity in the United States, led the raise of nine figures of private equity, and built a $40m business from scratch, starting with buying the site: sourcing, operations, sales and the team.

Outside work he has served for years on school boards of governors and has been heavily involved in Ulster rugby.

Good business is rarely the product first. It's finding the right person, in the right place, and putting them next to it. Darren

How we behave

Four things we hold ourselves to.

Pay for the work. Share the upside.
Whoever does the work gets paid for it. Ideas and upside are shared. That is how the three of us run Next57, and it is how we structure every deal.
People where they have the most impact.
Then back them fully. It is the one lesson from running a six-hundred-person business that we would keep if we had to lose all the others.
Truth over comfort.
We would rather tell you something you don't want to hear early than something you want to hear late. We expect the same from each other.
In the trenches, then out of the way.
None of us wants to manage a spreadsheet of bets from a distance, so we are close in at the start and our own money is in alongside everyone else's. Once somebody is in place and running it, they run it. We are a board seat and a phone that gets answered, not a second head office.

Start with an hour.

Owners, leaders and advisers all hear back personally from one of the three of us.

Get in touch