Since 2005, Marwyn has launched acquisition vehicles across a wide range of sectors with our Management Partners that have gone on to acquire platform businesses and make over 80 subsequent acquisitions. Our current portfolio includes the following companies
Le Chameau is a premium heritage footwear brand, established in 1927, specialising in the production of handmade rubber boots and other outdoor footwear. The company was acquired in 2012 through Silvercloud Management Holdings plc and is led by Corry Cavell-Taylor (CEO) and Waheed Alli (Chair). With a further investment made in August 2023, alongside recent senior hires in digital, e-commerce and brand, we believe that the business has the combination of operational, commercial and channel expertise to capitalise on the growth opportunities for a heritage-rich luxury apparel brand as it approaches its 2027 centenary year.
AdvancedAdvT Limited is an acquisition vehicle listed on the standard segment of the London Stock Exchange (launched as Marwyn Acquisition Company I in December 2020). The Company is led by Chairman Vin Murria OBE, who previously founded and was CEO of Advanced Computer Software Group plc (2008-2015). The Company raised £130 million through a fundraising in March 2021 with the support of leading institutional investors to pursue its stated investment strategy of seeking mid-cap acquisition opportunities in the software sector. In August 2023, the company announced the acquisition of five software businesses from Capita plc for a combined EV of approximately £33m in cash.
MAC II is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The vehicle is led by Chairman Mark Hodges, who was previously CEO of ReAssure, prior to which he held senior executive plc board positions at a number of large financial services and consumer businesses including Centrica, Towergate and Aviva. MAC II has a stated investment strategy of seeking acquisition opportunities in the financial services, consumer and technology sectors.
MAC III is an acquisition vehicle listed on the standard segment of the London Stock Exchange. The Directors believe there is significant opportunity to invest in companies that have the potential to be long term beneficiaries of the changes to their respective sectors that the recent macro environment has brought about. In particular, the Company will target businesses that are positioned to take advantage of the structural change arising from an unprecedented acceleration of digitalisation, affecting the way people live, work and consume, and the way businesses operate, engage and sell to customers. The company is seeking to partner with sector-leading management to identify and secure investment opportunities.
MAC Alpha is an acquisition vehicle listed on the standard segment of the London Stock Exchange seeking to partner with an industry leading executive or management team. The Directors believe that the current economic environment will present attractive opportunities to invest in, improve and grow companies across a broad range of sectors.
450 Plc is a London Stock Exchange AIM listed acquisition vehicle aiming to make one or more acquisitions of controlling or non-controlling stakes within the traditional and digital creative industries encompassing the content, media and technology sectors. The company is led by Chair Waheed Alli, who has over 30 years’ experience across media, retail, entertainment and technology sectors, having launched and grown a number of highly successful private and public businesses in his career. Waheed co-founded Planet 24, Shine and Silvergate Media and was previously Chair of Chorion plc (2003-06) and ASOS plc (2001-12).
Private Capital Servicing
Palmer Street Limited was established in May 2023 and has been set up to take advantage of the opportunity to provide a differentiated business proposition in the private capital servicing sector. Palmer’s management team: Martin Schnaier, James Ireland, James Bermingham, Jason Bingham and Phil Godley have all previously worked in senior leadership roles at FTSE 250 company, Sanne Group plc, that was taken private by Apex Group for £1.5 billion, with the transaction completing in August 2022. Palmer is expected to become an operational business in 2024 reflecting the time for regulatory approvals and compliance with non-compete undertakings.
Zegona Communications PLC (“Zegona”), an acquisition vehicle led by Eamonn O’Hare and Robert Samuelson, acquired its platform asset, Telecable for €640 million in 2015. Zegona sold Telecable in 2017, receiving stock consideration in Spanish telecoms provider Euskaltel, which Zegona utilised to drive management and operational improvements. Euskaltel was acquired by Masmovil for an EV of €3.5bn in August 2021, following which Zegona returned £335m to shareholders. In October 2023, Zegona announced their acquisition of Vodafone Spain for an EV of €5.0bn (targeting completion in Q1 2024 pending regulatory approvals), a further continuation of their buy-fix-sell strategy in the Spanish telecoms sector.