Businesses with revenues of over £10 million, which are in financial distress and may already be under the control of their secured creditors or administrator/receiver. Morale may be low, customers may be defecting, and a lack of focus and direction is likely to be hampering progress. We acquire the business and invest the capital and the expertise to enable it to turn the corner, restructure and gain a new lease of life.
Fragmented sectors where there is a clear economic rationale to acquire and merge a series of sub-scale businesses. We will acquire one business, even a small one, to use as a platform to buy others and create a single business of critical mass. Provided economies of scale exist and can be achieved, then this type of deal can deliver significant returns.
Entrepreneurial private companies that fall outside normal investor criteria and yet need help and capital to realise their potential: