Exited

Since 2003, we have successfully exited from a broad range of businesses, delivering exceptional growth and returns across a wide range of sectors.

Business description

KnowledgePool was a very established provider of IT and professional training services with a well known brand name in its sector. However the business had lost its way and needed fresh capital as well as a strategic rethink.

Story

We analysed both the business and the market, which resulted in the decision to close down or spin-off a number of the less attractive business divisions in order to focus on the learning process outsourcing (LPO) division, which we believed to offer significant growth potential.

Outcome

The Root Capital team invested significantly in new proprietary technology, new management and new sales and marketing personnel. We grew LPO revenues by 800% to £60 million over the following years, becoming the UK market leader in LPO.

Exit outcome

We sold KnowledgePool to Capita plc for a return more than 10x higher than Root Capital’s initial investment.