1. Stories /

Explore our stories

Taking businesses from good to great

We invest in winning international growth platforms benefiting from consumer and technology-driven trends.

We focus on companies with excellent customer propositions and international growth potential, likely to be exposed to trends of: 

  • Polarisation (i.e. value/luxury at the expense of the mid-market)
  • Digital change
  • Convenience
  • Leisure and wellness
  • Changing demographics 

Key focus areas are: 

  • E-commerce
  • Brands
  • Multi-unit
  • Omnichannel
  • Private label CMO
Read More

Healthcare is a dynamic sector undergoing significant change. We invest in growth and support our portfolio through organic and acquisition-led development, helping our partners strategically transform their business during our ownership to create better outcomes and generate significant value.

We partner with leading businesses to improve patient and consumer outcomes while speeding time to market and managing cost, from innovation to clinical trial to delivery of care. 

Fundamental growth drivers include:

  • An ageing and more active population 
  • Greater access to healthcare globally 
  • Increasing use of data 
  • Advancements in areas such as biologics 
  • Minimally-invasive medical devices and personalised medicine 
  • Increasing patient engagement in healthcare and lifestyle decisions 
Read More

A large market with tailwinds from various megatrends and a sector where we have a long track record of helping businesses grow into global leaders.

We seek businesses with international potential that are typically leaders in their niche and a critical product for their customers. 

With global supply-chains and requirements for quality, innovation and fulfilment increasing, we see opportunities to support international, industrial expansion from both a sales and supply-chain perspective.

In particular, we focus on the following areas:

  • Industrial CMO
  • B2B Distribution
  • Safety & Security
Read More

A large, diverse, and growing sector with significant opportunities to build market leadings businesses. We invest in businesses with attractive market dynamics where we see long-term, secular growth and an offering that is highly valued.

Our focus is on businesses which benefit from the digitisation trends and that we can scale organically and/or through buy-and-build.  Our core areas of specialism are:

  • IT Services
    Cloud and IT infrastructure managed Services Providers, Software vendor integration and support services.
  • Tech-enabled outsourcing services
    Testing, Inspection and Certification (TIC), human Capital management or Business Information, data & analytics.
  • Mature software
    Office of the CFO, supply chain, ERP, Human Capital or life sciences.
Read More

Consumer & Private Label

60% EBITDA growth
Bilder Image 72Dpirgb
Amor Logo NEW

Customer focused jewellery retailer successfully ​expanded internationally ​

Read more about Amor

Industrial

4.1x money multiple
Aspen Pumps Image EF
Aspen NEW LHS

From a UK exporter to a global market leader, renowned for product quality and innovation

Read more about Aspen

Services & Software

4.4x money multiple
Straesser
Atesteo New

From an owner-managed diversified engineering company ​to a world-leading testing and inspection specialist for the ​automotive industry​

Read more about ATESTEO

Consumer & Private Label

>5x money multiple
MG 4831 HDR
Basic Fit 2022 New

From a Benelux-based operator to Europe’s largest value-for-money fitness club operator ​

Read more about Basic-Fit

Healthcare

Nine acquisitions to date
Cirtec Device
Cirtec 3 Color NEW LHS

Transformed from a North American specialist to a market-leading global medical device outsourcing platform

Read more about Cirtec

Services & Software

Internationalisation through 10 acquisitions
Civica Data Stream Image
Civica NEW

UK-focused software solutions to a leading international integrated software, managed services and cloud solutions provider​

Read more about Civica

Services & Software

4.5x money multiple
Man And Machine
Element NEW

Carve-out of a network of local independent testing laboratories​ built into a world-class integrated testing business​

Read more about Element

Services & Software

14 acquisitions completed
Banner7
EVERNEX NEW

From a regional leader to a fully integrated global leader of data centre equipment maintenance​

Read more about Evernex

Consumer & Private Label

4.7x money multiple
Gant 01608SSBG A
Gant Logo NEW

Successful international expansion and development of a premium brand of clothing for men, women, and children​

Read more about Gant

Industrial

Expansion into Asia and Latin America
Geka For Gtg
GEKA Logo NEW LHS

From technology leader for mascara brushes to application systems provider to the beauty and healthcare industry

Read more about GEKA

Healthcare

3.1x money multiple
Naturé Moi
Havea Group New LHS

Transformational growth to build a prominent European leader in the fragmented natural consumer healthcare market

Read more about Havea

Industrial

Established plant in China
Hilite image
Hilite Logo NEW

Ambitious growing automotive business to a truly global leader in innovative products to improve fuel efficiency

Read more about Hilite

Industrial

10x money multiple
Hyva image
Hyva NEW LHS

From a Dutch-based business to a global market leader with 3x growth in turnover

Read more about Hyva

Services & Software

40%+ bookings growth
Magnitude Option
Magnitude Logo NEW

From a collection of point solutions to a leading ‘insights to action’ platform for complex ERP environments

Read more about Magnitude

Consumer & Private Label

3.6x money multiple
3 Bottles Tommee Tippee
MAYBORN NEW

From a UK consumer products business to the fifth largest ​baby accessories business globally​

Read more about Mayborn

Industrial

60% revenue growth
PE Mold Masters Image
Mould Masters NEW LHS

From a family-owned business to a world-class global market leader in hot runners

Read more about Mold-Masters

Consumer & Private Label

3.2x money multiple
Cat
MPM Logo NEW

From a strong, growing mid-market pet food player to a global market-leading premium cat food business​

Read more about MPM

Consumer & Private Label

2.1x money multiple
158471 070315HADH 38%20Zonnebrillen E46837 Original 1425886714
NEXEYE NEW

From a Benelux offline retailer to a value-for-money challenger with best-in-class omnichannel capabilities in the north-western European optical retail market​

Read more about nexeye

Industrial

5.5x money multiple
Norma image
NORMA Group NEW LHS

From a German family-run business for clamps to a global market and technology leader for engineered joining technology

Read more about NORMA

Healthcare

Expanded global manufacturing footprint
Degania Silicone Erezbit0138
Q Holding NEW

From a North American high-quality medical device manufacturer to a globally connected medical provider of mission critical devices

Read more about Q Holding

Healthcare

75% growth in employee numbers
Quintiles image
Quintiles NEW

Transformational growth to become the world’s largest provider of life sciences product development and integrated healthcare services

Read more about Quintiles

Consumer & Private Label

Successful IPO on Euronext Amsterdam
DSC2458 Fin
Refresco Logo NEW

From a European juice manufacturer to a leading European independent bottler of soft drinks for A-brand owners​

Read more about Refresco

Healthcare

Six acquisitions to date
Bottle Assembly 1
Sanisure NEW

Created one of the largest independent single-use solutions platforms in the bioprocessing industry through innovation and buy-and-build

Read more about SaniSure

Industrial

7x money multiple
Portfolio Scandlines
Scandlines NEW

Transformed from a state-owned business to a ‘best-in-class’ ferry operator connecting Scandinavia with continental Europe

Read more about Scandlines

Services & Software

International roll out through 4 acquisitions
Trescal 300Dpicmyk
Trescal NEW

Invested in the lead service provider in calibration and measurement service solutions in France and, in three years, created a global business​

Read more about Trescal

Healthcare

Invested >$100m in R&D
Axellia Køben Cfc0231 300Dpicmyk CROP
Xelia Logo NEW LHS

Transformed from a supplier of niche active pharmaceutical ingredients to a fully-integrated speciality pharmaceutical company

Read more about Xellia