We are long-term investors in engineering and manufacturing companies in the UK and Europe. Our aim is to enhance and grow the reputation of every business that we invest in.
As an energetic and experienced team, we are looking to acquire high-quality businesses (either wholly or via a significant majority stake) from founders, families or current owners so that they can smoothly exit the business with value and secure their company’s legacy.
Each of our companies benefit from a central treasury, “light-touch” supervision and a strong package of incentives for the remaining management team (which may include equity).
As owner managers ourselves, we are flexible in our approach but generally invest in businesses with the following features:
- Well established family-owned or owner-managed business;
- Operating in the manufacturing or engineering sectors;
- EBITDA in the range £400,000 to £1,500,000 per annum. Smaller EBITDA will be considered as long as sector and location are a strong fit with our existing portfolio;
- Committed and experienced management team willing to stay on and take the business forward in return for a strong incentives package;
- Freehold or long leasehold premises. We prefer to buy premises but will rent with an option to purchase.
Using our extensive commercial, financial and legal expertise, we provide our portfolio of companies with strategic guidance at board level to help them grow. We have found that backing the right ongoing management teams has been the key to our success.
Indeed, we are happy for potential sellers and their management to talk to our existing business managers, at an early stage in the process, to get first hand knowledge of how we look after them, post deal!
We review lots of opportunities but will prioritise those where, post initial meeting, we feel we can:
- work with the vendors pre and post transaction to smoothly transition the business.
- build a strong relationship with the incumbant management team.
- add value to the operation, without limiting the ability of the team.
