Investment Approach

Our flexible investment approach is focussed on private equity strategies, but we are sector agnostic and opportunistic.

Deal size and structure

Our typical equity cheque is in the region of $2m to $30m, with a ‘sweet spot’ of $5m to $15m. We are not constrained by deal size and can invest as a sole investor, lead investor or as part of a syndicate. We normally invest in deals with an Enterprise Value of up to $100m, although we can and do participate in larger transactions. We do not invest, raise, or manage third party capital – we speak directly for the monies we invest. We want to have influence and visibility on how our capital is invested. Stewardship of our capital is important, so we work with a range of high-quality advisers with skills and experience tailored to each transaction.

Transaction types

MBO / MBI / BIMBO
Growth / development capital
Corporate carve-outs
Balance sheet restructurings
Minority or majority shareholding
We are happy to lead investments or support other financial sponsors on a deal by deal basis. We do not generally invest in start-ups or early stage businesses.

Sectors

We are sector agnostic and opportunistic
We are open to investing in a number of sectors including business services, healthcare, telecoms, financials services, technology and industrials.
We will not consider investments involving alcohol, tobacco, armaments, gambling or pay-day loan companies

For examples of the wide range of private equity transactions we participate in, please see our Investment Portfolio.