Portfolio

BCA Marketplace plc

Led by Executive Chairman, Avril Palmer-Baunack, BCA was established in 2014 through the £1.2bn acquisition of British Car Auctions. BCA now owns and operates Europe’s largest used vehicle marketplace, both in terms of the number of vehicles sold and revenue, as well as the UK’s market-leading provider of vehicle buying services, WeBuyAnyCar.com. BCA’s marketplace facilitates an efficient exchange of used vehicles between vendors and buyers through both physical and digital auctions across the UK and nine other European countries. In addition, BCA operates as a managed-vehicle services provider with a suite of value-add pre and post auction services, including inspection, logistics, appraisal, repair and buyer finance.

Zegona Communications plc

Led by Chairman and Chief Executive Eamon OHare and COO, Robert Samuelsson, Zegona has been established to execute a ‘Buy-Fix-Sell’ strategy in the European TMT sector, focusing on network-based communications and entertainment opportunities. In August 2015, Zegona announced the successful completion of its first acquisition with the purchase of Telecable de Asturias S.A., the leading “quad-play” telecommunications operator in Asturias, North-West Spain, for an enterprise value of €640 million.

Telecable has more than 158,000 customers, offering television, broadband internet, mobile and fixed-line telecommunications services to residential and business customers. The business operates a network of over 2,400 km of fibre optic cable and 2,600 km of coaxial cable, reaching more than 452,000 homes across Asturias. Zegona considers Telecable to be a compelling investment opportunity, driven by its market leading position and strong cash generation, coupled with attractive dynamics in the Spanish telecommunications market and Spanish economy more broadly.

Le Chameau

Led by Executive Chairman, Beverley Williams, Le Chameau Holdings plc is the owner of Le Chameau, the heritage footwear brand specialising in the production of handmade rubber boots and other outdoor footwear.  Established in 1927, Le Chameau is building on its long-standing reputation for quality and the next chapter of the brand’s development will see it established as a truly international presence in the luxury market.

 

Gloo Networks plc

Led by CEO, Rebecca Miskin, Gloo Networks is a technology company established to acquire and operate companies in the media sector, between £250m and £1bn in size, with the aim of connecting some of the world’s most-loved content with its most-valued consumers. At a time of industry convergence, Gloo intends to acquire trusted consumer brands in the media sector and marry content creation, sophisticated technology and data analysis capabilities to unlock value for shareholders and consumers. With Arnaud de Puyfontaine as Chairman and the deep digital, data and technology experience of CFO Bill Davis and Juan Lopez-Valcarcel, the management team have a proven track record in transforming the culture and driving growth within large and small organisations.

Figures quoted as at 30 June 2016

Realised Investments

Entertainment One

Led by CEO, Darren Throop, Entertainment One (eOne) is a leading independent entertainment group, specialising in acquisition, production and distribution for film, television and music. With a comprehensive global network spanning the UK, Canada, Benelux, Spain, Australia and the US, eOne has developed an impressive library of rights, encompassing over 40,000 film and television titles and 4,500 hours of television programming.

Launched: 2007
Sold: 2015
EV on exit: £1,110m

Breedon Aggregates

Led by Executive Chairman Peter Tom, Breedon is the largest independent aggregates business in the UK operating across England and Scotland. Breedon supplies a wide range of products and services to the construction sector, employing over 1250 staff.

Launched: 2008
Sold: 2014
EV on exit: £503m

Advanced Computer Software

Led by CEO, Vin Murria, ACS is a leading provider of patient management software solutions. The company also has a presence in both the public and commercial sectors as a provider of back office solutions.

Launched: 2006
Sold: 2013
EV on exit: £453m

Concateno

Led by Chairman Keith Tozzi and CEO Fiona Begley, Concateno (rebranded to Alere Toxicology in December 2013) is a world-leading drug and alcohol misuse testing provider for organisations in over 75 countries. It operates 8 world-class laboratories, carrying out over 10 million tests per annum

Launched: 2005
Sold: 2009
EV on exit: £155m

Inspicio

Led by CEO Mark Silver, Inspicio (now Environmental Scientifics Group Ltd) is a global testing and inspection business, operating in the oil, minerals, food and soil testing sectors. It was sold to private equity firm 3i in 2008, at a time when its client base included BP, Shell and Total.

Launched: 2005
Sold: 2008
EV on exit: £271m

Melorio

Led by Executive Chairman Adrian Carey, Melorio is a vocational training company, comprised of a group of highly specialised subsidiaries providing apprenticeships and training for the construction, gas, electrical, plumbing and renewables industries. The business was sold to Pearson plc in 2010.

Launched: 2007
Sold: 2010
EV on exit: £113m

Praesepe

Led by CEO, Nick Harding, Praesepe operates a large network of high street gaming venues, encompassing 157 AGC arcades, 9 bingo clubs, and an online casino. It was acquired by the Gauselmann Group in 2012, Europe’s foremost provider of gaming machines.

Launched: 2006
Sold: 2011
EV on exit: £84m

Zetar

Led by CEO, Ian Blackburn, Zetar is a major confectionery and snack food group, manufacturing a variety of private-label products as well as branded products under licence. Zetar is the UK’s leading producer of allergen chocolate and supplier of dried fruit and nuts.

Launched: 2005
Sold: 2011
EV on exit: £46m