Portfolio - Current

Since 2003, we have invested in a broad array of businesses across a variety of different sectors including software, digital media, information services, business services and outsourcing.


XenZone uses technology to create new ways for people everywhere to access the very best mental health support and treatment.

Business situation

XenZone was a successful, growing market leader in digital mental health with a great heritage. The owner felt she needed support and new, experience-based expertise to take the business to the next stage and appointed an advisor to find the right investment partner.

XenZone offers three core services: Kooth, Qwell and Minds for Life, that each support their users mental wellbeing.


We quickly saw Xenzone was a special company with the potential to change the face of mental health. Having got to know the team, the business and the market, we managed to agree terms to invest and provide the experience needed to scale the business. Since our investment in 2015, Xenzone has gone from strength to strength, growing consistently at more than 40% per year, every year.

17 years’

Commissioned in 95 CCG areas

Commissioned in
95 CCG areas


Delivered 150,000+
hours of online counselling