Managing Partner

Scott Pressly

Recognized as one of the country’s leading franchise investors, Scott’s operating and investing career includes over 20 years of private equity, brand management and franchise expertise. Having invested in over 30 franchise businesses including Tropical Smoothie Cafe, Schlotzsky’s, McAlister’s Deli, Fastsigns, Cinnabon, and FOCUS Brands, he understands how to identify and scale successful emerging franchise concepts.

Scott was the co-founder of BIP Capital, a venture capital firm focused in a variety of industries including franchising, software, healthcare, media and financial services. Prior to BIP Capital, Scott was a partner at Roark Capital Group, where he was directly responsible for sourcing and closing multiple investments. Additionally, Scott held leadership roles with U.S. Franchise Systems, The Walt Disney Company and Dow Chemical USA.

Education
Undergraduate – University of Florida (BS)
Graduate – Harvard University (MBA)

Vice President

Morven Groves

Morven has spent over 15 years investing and advising in travel and hospitality businesses, with 10 years focused on franchising. She is passionate about growing brands, in the right markets, with the right partners.

She works closely with the management teams of 10 Point Capital’s portfolio companies, to help them set strategy, and execute on growth goals. Prior to joining 10 Point Capital, Morven was a franchisee herself for a spa franchise, and was a Vice President on Franchise Development and Finance teams for InterContinental Hotels Group, where she had responsibility for the Americas Region’s market strategy. Additionally, Morven spent over 7 years with McKinsey & Company, working extensively in Europe, Asia and the US.

Education
Undergraduate – University of Glasgow, Scotland (BSc. Hons.)
Graduate – Harvard University (MBA)

Managing Partner

Tom Wells

Tom brings over 10 years of private equity experience investing in a variety of industries and branded businesses. He focuses on building strong brands that resonate with customers, believing that is critical to the long-term success of a company.

Tom is on the franchise team at BIP Capital and currently serves on the Board of Directors for Tropical Smoothie Café and Tin Drum Asian Kitchen. Prior to joining BIP Capital, he worked for Century Park Capital Partners, a Los Angeles based private equity group focused on the lower middle market. Additionally, Tom previously worked in the San Francisco office of Harris Williams & Co, a leading middle market investment bank.

Education
Undergraduate – Boston College (BS)
Graduate – University of Chicago (MBA)

Managing Partner

David Walker

David Walker co-founded Tropical Smoothie Café in 1997 and has been a multi-unit franchisee for multiple concepts including Which Wich, Smashburger, and Subway.

Education
Undergraduate – Florida State University

Operating Partner

Charles Watson

Charles Watson is the Chief Executive Officer for Tropical Smoothie Café. He has grown the Tropical Smoothie Cafe system has to more than 750 open locations, many of which were signed while he was in his previous role as Chief Development Officer.

A veteran franchise professional, Charles has worked for several hospitality-related companies including Wyndham Hotels & Resorts, Intercontinental Hotels Group (IHG), US Franchise Systems, Inc. and Hospitality Real Estate Counselors (HREC).

Education
Undergraduate – Cornell University (BS)
Graduate – University of Georgia (MBA)