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Palatine Strengthens Impact Team With Award-Winning New Hire
We have appointed Jihad Karambizi as Investment Manager in our Impact team. Jihad joins us with experience spanning audit, corporate finance, and M&A advisory across the UK and South Africa. He began his career in audit in South Africa, working with businesses across the retail, construction, life sciences, media, manufacturing and consumer goods sectors. After…
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Palatine Successfully Exits My Pension Expert After Strong Period Of Growth
We are pleased to announce a successful exit from My Pension Expert, the UK’s leading at-retirement adviser. We made the original investment from our fourth Buyout Fund and first Impact Fund. This exit has generated a circa 5x return for investors. Our team supported Doncaster-based MPE through a four-year period of strong organic growth, achieved following significant investment in people, technology, data and…
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Palatine Partners with Tech Services Provider OryxAlign
We have invested in OryxAlign, a specialist provider of mission-critical network design, build and managed IT services, to accelerate OryxAlign’s growth across its core markets, including the fast-growing data centre and built environment sectors. The partnership will provide the platform and capital to pursue both organic growth and targeted strategic M&A. The investment represents the…
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Leep Group Steps Up Growth with Acquisition of ‘Neet’ Specialist E.Quality Training
Leep Group, the training and skills development company backed by our Impact Fund, has acquired E.Quality Training Limited, a vocational training specialist that helps 16 to 19-year-olds who are not in education, employment or training (NEET) get into work. Midlands-based E.Quality Training runs Department for Education (DfE)-funded courses in childcare, health and social care, and…
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Kieran Lawton to head new business for palatine
We have appointed Kieran Lawton as Head of New Business. Kieran, who has spent more than a decade with us having previously worked in corporate finance advisory for over 10 years, succeeds partner Andy Lees, who is retiring after 13 years with Palatine . Kieran’s role spans our Buyout and Impact Funds across our offices…
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Palatine strengthens Buyout team with new hire
We have appointed Briony Fagan as Investment Manager in our Buyout team. Briony joins us with more than 10 years’ experience in corporate finance and investment, spanning financial due diligence, private equity and venture capital. She began her career at business advisors Grant Thornton, where she spent five years across Transaction Advisory Services and Tax.…
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fulfilmentcrowd acquires Fulfilment.nl to accelerate European growth
fulfilmentcrowd, a tech-led global fulfilment provider, has acquired Fulfilment.nl, a high-growth Dutch ecommerce logistics specialist. The deal accelerates the group’s expansion in the fast-growing EU omnichannel ecommerce market. The Netherlands is one of Europe’s most important logistics hubs, and the acquisition strengthens the group’s ability to serve cross-border ecommerce demand at scale. By combining Fulfilment.nl’s…
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Papilo expands geographical footprint with scottish bolt-on
Papilo, the fast-growing total waste management group backed by our Impact Fund, has strengthened its geographical reach with the acquisition of Scottish company REKK Recycling. Based at Uddingston near Glasgow, REKK provides total waste management solutions to its food production, manufacturing, and industrial clients across Scotland and England. It is the third key acquisition the…
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Papilo appoints CEO to lead total waste management group into new era
Papilo, the fast-growing total waste management solution provider backed by our Impact Fund has announced the appointment of Michael Gibson as Chief Executive Officer. Michael joined the business on 1 April 2026. Michael, previously a business unit Managing Director at Mitie, the £5bn turnover listed facilities management group, has taken over the reins at Papilo…
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Milestone for Palatine-backed bk plus as it enters London market
Midlands-Based accountancy and advisory firm bk plus, has strengthened its national presence with its first move into the London market as Freeman Carr joins the fast-growing firm. The move marks a significant milestone for bk plus, taking the firm to 43 offices across the UK and more than 800 professionals, as it continues to build…
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bk plus strengthens presence with addition of Crowther Chartered Accountants
bk plus has strengthened its Yorkshire footprint with the addition of Crowther Chartered Accountants, a well-established firm based in Huddersfield. Founded in 1995 and led by Managing Director Steve Crowther, the practice has built a strong reputation advising owner-managed businesses across West Yorkshire. The firm delivers accounts, tax planning, management reporting, payroll and strategic business…
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Palatine Pledges £30,000 to Support IntoUniversity Centres in Salford and Harpurhey
We have pledged £30,000 to support the IntoUniversity Salford and Harpurhey centres, reinforcing our commitment to widening access to education and creating opportunities for young people across Greater Manchester. The three-year pledge from 2026 to 2028, will contribute to the ongoing running costs of both centres. The Salford and Harpurhey centres are part of IntoUniversity’s…
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B2W Group unveils new identity as Leep Group to support expansion
Training and employability specialist, formerly known as B2W Group, has rebranded as Leep Group to reflect its evolution into a diversified skills and workforce development organisation. The rebrand marks a significant milestone for the group, as it expands beyond its heritage in employability provision to deliver Apprenticeships, Skills Bootcamps and the expansion of its specialist…
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Papilo accelerates growth with key acquisition of Allwood Recycling Solutions
Papilo, the leading total waste management solutions provider backed by our Impact Fund today announces the strategic acquisition of Warwick-based Allwood Recycling Solutions. The acquisition creates a combined group with over 200 employees and annual revenues of more than £60 million with a shared ambition to provide best-in-class customer service while supporting the circular economy.…
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Palatine’s exit from Suntera Global receives regulatory approval
We are pleased to announce the completion of our exit from Suntera Global, with all necessary regulatory approvals now achieved. After a period of strong growth, supported by a number of significant strategic acquisitions during our investment, Valeas Capital Partners was announced in May 2025 as Suntera’s new equity partner. The successful exit generated a 2.6x return for our…
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Palatine Invests in the Future with Four New Promotions
We have made several promotions including the appointment of two new partners as we continue to grow and invest in our people. James Painter and Tom Wildig, who both joined the Buyout team in Manchester 2016 have been promoted to Partners, while in the Impact team Greg Holmes has been promoted to Senior Investment Director…
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Palatine Achieves Inclusive Employers Standard Foundation Accreditation
Palatine has achieved Inclusive Employers Standard Foundation accreditation following a robust, evidence-based gap analysis of its inclusion progress. The accreditation, awarded by The Inclusive Employers Foundation, recognises Palatine’s commitment to building an inclusive culture. Andy Strickland, Partner and Head of Inclusion and Diversity Committee at Palatine, said: “Achieving this accreditation is an important milestone in our inclusion journey. The…
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bk plus strengthens South West and West Midlands presence with Alliance Accountants
bk plus, the fast-growing accountancy firm specialising in the SME sector, has announced the addition of Alliance Accountants to its expanding national group, and furthering its investment in the South West and West Midlands. With offices in Cheltenham and Ross-on-Wye, Alliance Accountants has built trusted relationships with businesses across the region and is known for…
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bk plus expands into Birmingham City Centre with MDP acquisition
bk plus has announced the addition of respected Birmingham firm MDP, marking a significant milestone in its ongoing national expansion. The move sees bk plus open its first city centre office in the Midlands, returning to the heart of where the business began just five years ago in Walsall. What started as a single-office firm…
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Routes Healthcare expands into Derbyshire with acquisition of Just A Little Company
Routes Healthcare has expanded into Derbyshire with the acquisition of Chesterfield-based care provider Just A Little Company (Care and Support at Home) Ltd. The move forms part of Routes’ ongoing strategy to build scale in high-quality home and complex care – a strategy we continue to support, including through further targeted acquisitions across the North…
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Palatine Recruits New Head of Investor Relations
We have strengthened our senior leadership team with the appointment of Eloise Veljovic as Head of Investor Relations. Eloise joins from Pomona Capital where she spent the last two years as a Director, responsible for Investor Relations in Europe and the Middle East. Prior to joining Pomona, Eloise also worked at Alpstone Capital and Hollyport…
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Palatine successfully recertifies as a B Corporation
We’re proud to share that we have successfully recertified as a B Corporation, achieving an impressive 8% uplift in our overall score to 119.7. This milestone reflects the our continued commitment to high standards of social and environmental performance, transparency, and accountability. Our improved score reflects meaningful progress across several key areas of our business:…
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Palatine-backed bk plus welcomes Yorkshire firm Brosnans
bk plus has welcomed Brosnans into the business as part of its continued investment in regional expertise and client service across the UK. With offices in Brighouse and Keighley, Brosnans has built a strong reputation for supporting owner-managed businesses and individuals across West Yorkshire. The move gives Brosnans’ clients access to a wider range of…
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Palatine announces 2025 winners of ‘Pioneers in ESG’ awards
Today we announced the 2025 winners of our ‘Pioneers in ESG’ awards. The awards recognise companies that are aligning with our pioneering ESG framework and actively building a better and more sustainable future. Inclusive Employers won the Amplifying Impact Award for their exceptional dedication to advancing inclusion and diversity (I&D) across workplaces and society. Their…
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Palatine-backed bk plus strengthens national offering
bk plus, backed by Palatine, has announced further national growth with the addition of two long-established regional accountancy practices, Geens Chartered Accountants and Wells Richardson, reinforcing its position as one of the UK’s fastest-growing accountancy and advisory firms for SMEs. Together, the two firms bring almost 250 years of combined experience, trusted by generations of…
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Beth Houghton joins BVCA Council to fly the flag for regions and Impact investing
Beth Houghton, Partner and Head of our Impact Fund, has been appointed to the Council of the British Private Equity & Venture Capital Association (BVCA). The BVCA Council represents the voice of the UK’s private capital industry, helping to shape policy, promote best practice, and demonstrate the industry’s role in driving growth, jobs, and innovation…
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Palatine Partners with Flotilla to Elevate ESG Performance Across Portfolio
We’re excited to announce our new partnership with Flotilla, a sustainability leader in the private equity space. The partnership will see us deploy Flotilla’s Portfolio Manager alongside our core decarbonisation products (Carbon Reduction Plan and Net Zero Solutions) to monitor and manage ESG performance across our portfolio companies. Already trusted by leading private equity investors,…
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Palatine Backed Atombit Boosts Growth with Strategic Bolt-on
Atombit, the fast-growth pan-European leader in Experience Intelligence spanning customer and employee experience, data analytics and AI, has made a fourth strategic acquisition since our investment in May 2025. The latest deal is for Omega3C, a 35-strong consultancy based in Milan, Italy, specialising in customer and employee experience transformation. With more than 20 years of…
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BK Plus expand North East presence with the acquisition of Read Milburn
BK Plus has expanded its presence in the North East with the acquisition of Read Milburn, a respected accountancy practice based in North Shields. Read Milburn has built a trusted reputation in the region, supporting a wide range of businesses and charitable organisations. Their team is known for maintaining close client relationships and providing tailored…
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Palatine-backed Cura Terrae boosts growth with key acquisition
Cura Terrae, the fast-growing environmental services company backed by our Impact Fund, has stepped up its expansion with the acquisition of EnviroCentre, a market-leading multi-disciplinary environmental consultancy based in Scotland. The business, which has a team of 75, will become part of Cura Terrae’s Land and Nature division, bringing expertise in geo-environmental services and water…
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Palatine Holds Inspiring Wellness Networking Event
We recently held an inspiring wellness networking event at FIX MCR! We welcomed women from across the investment ecosystem to a holistic sauna and ice bath experience, offering the opportunity to slow down, connect, and build strong relationships. Creating opportunities for meaningful collaboration and knowledge-sharing between our portfolio businesses and our network of highly skilled subject…
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Palatine Wins Three Awards at Rainmakers Awards 2025
Last week we won three awards at the Rainmaker Awards, hosted by TheBusinessDesk.com. We won Private Equity Team of the Year for the third year running, Medium Deal of the Year (£10-£50m) for our investment in global digital transformation services provider Bluprintx, and Investment Director Greg Holmes won Changemaker of the Year for his work…
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Papilo Steps up Growth with Circular Economy Bolt-On Deal
Papilo, the total waste management solutions provider backed by Palatine’s Impact Fund, has accelerated its growth with the bolt-on acquisition of a specialist agricultural landspreading business. The deal for the organic waste landspreading (‘Waste-to-Land’) division of Silverwoods Waste Management Ltd, an award-winning Lancashire business, broadens Papilo’s service offering and enhances its already strong sustainability credentials.…
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Palatine to Accelerate Growth at fulfilmentcrowd
We have made our first investment from our recently-closed £254 million Buyout Fund V taking a majority stake in fulfilmentcrowd, a fast-growing tech-driven global fulfilment provider. Our investment will support fulfilmentcrowd as it continues to scale organically in the UK, Europe, Australia and the US, as well as delivering on M&A opportunities. We see an…
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Palatine-backed Bluprintx expands Salesforce capability
Bluprintx, the Liverpool-based digital transformation consultancy, has completed the acquisition of Skie, a Salesforce consultancy, which operates globally from locations in Australia and Singapore. Founded just over six years ago, Skie has rapidly established itself as one of the Asia-Pacific’s fastest-growing Salesforce consultancies, with over 210 certifications and a 50-strong team of experts. It has…
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Palatine exits Suntera Global after Transformative Growth
We have successfully exited our investment in Suntera Global, the fast-growing international provider of bespoke fund administration corporate and private wealth services, generating a 2.7x return for investors. Subject to regulatory approval, the Channel Islands- headquartered group has been acquired in a secondary buyout by US-based Valeas Capital Partners for an undisclosed sum. Since investing…
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Palatine backs growth at experience intelligence consultancy Atombit Group as it scales with three acquisitions
We have acquired a majority stake in Atombit Group, a fast-growth pan-European leader in Experience Intelligence spanning customer and employee experience, data analytics and AI. Alongside the investment, London-based Atombit has made three strategic acquisitions to accelerate its growth. It has acquired UK-based J2 Reliance and Profusion and Bulgaria-based company DWise. The enlarged group now…
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Palatine-backed My Pension Expert secures £25 million refinancing deal
Palatine portfolio company My Pension Expert has today announced a £25 million refinancing deal with digital lender, OakNorth. The deal has allowed the business to pay down existing lender Beechbrook in full, while also providing an acquisition facility for future strategic M&A, in support of its growth plan. My Pension Expert, backed by Palatine…
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Palatine Announces Final Close of Buyout Fund V
PALATINE, the regionally focused, sustainably driven investor, has successfully raised its largest-ever fund, closing Buyout Fund V at £254 million. The lower mid-market firm beat its target for the fundraise and achieved a re-up rate of well in excess of 100% based on capital raised from existing investors. Palatine attracted a number of new investors…
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BK Plus takes headcount to more than 600 with four Scottish acquisitions
West Midlands-based accountancy group BK Plus, has taken its headcount to more than 600 with the acquisition of four additional practices in Scotland. The company has purchased Walton Kilgour (Perth and Pitlochry), Ian MacFarlane Ltd (Falkirk), JC Wallace & Co (Glasgow), and Bird Simpson & Co (Dundee). This brings its total to 29 offices across…
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Cyberfort accelerates growth with acquisition of ZDL Group
Cyberfort, the leading cyber security services and solutions provider, has made a strategic acquisition and a key step towards its ambition to become the UK’s largest independent cyber security service provider within the next three years. It has acquired ZDL Group, a provider of managed security services, penetration testing, ethical hacking, and bespoke cybersecurity training.…
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New CEO and Chair to lead Cura Terrae in next phase of growth
Leading environmental services group Cura Terrae has appointed a new Chief Executive Officer and also brought in a new Chair. Nick Dilworth will be taking over as CEO, having initially joined Cura Terrae in 2024 as Chief Operating Officer. Co-founder Professor Pete Skipworth is moving to a non-executive role as part of a planned succession…
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Supporting our local community with IntoUniversity
Everyone should have access to a university education, regardless of background or identity. This is why we’ve been partnered with Manchester University as an IntoUniversity donor for the last few years. IntoUniversity delivers educational activities for disadvantaged young people aged 7-18. They introduce Primary and secondary school pupils to Higher Education through a tailored programme…
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Prioritising social value
We recently welcomed professionals from across our diverse portfolio to launch our Social Value Working Group. The working group creates a space for our portfolio companies to share knowledge, ideas and tools around social value. Our launch event enabled members of the group to meet in person, network, and receive some initial training on a…
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Double new Board appointments at The MOLE Clinic
The MOLE Clinic is the only UK private clinic dedicated to offering skin cancer screening, diagnosis and mole removal services. Its mission is to lower UK skin cancer mortality rates by screening tens of thousands of patients a year to detect potential skin cancers at an early stage, when they are far more easily treatable.…
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Beth Houghton named Sustainability Champion at Northern Leaders Awards
Impact Managing Partner, Beth Houghton, won the Sustainability Champion Award at last night’s BusinessCloud Northern Leaders Awards. The Northern Leaders Awards celebrates the people who have – and continue to make – the biggest positive difference to the North. Beth was recognised for her passion for climate change and tackling environmental challenges. The judges said:…
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Palatine Announces Trio of Promotions
Palatine, the sustainably driven mid-market investor, has announced three promotions across its team. Matt Cobbold and Greta Steponaviciute have been promoted to Strategic Growth Directors within the Value Enhancement Team. Matt and Greta oversea and support management teams across the Buyout and Impact Fund portfolios to identify, prioritise and execute value creation initiatives Janita Afzal…
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Redmoor Health acquires The Well Led Practice
Redmoor Health, a leading provider of digital transformation and workforce development services for the NHS, is delighted to announce the strategic acquisition of The Well Led Practice, a company founded by renowned GP and leadership expert Dr Clare Sieber. This acquisition marks a significant milestone in Redmoor Health’s long-term strategy to deliver an end-to-end support…
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Palatine raises over £10,000 for New Horizon Youth Centre
Last week, we held our annual London Charity Darts Night; this was our fifth year supporting New Horizon – and our best one yet; we have raised an incredible £10,018. This is the equivalent of 2,000 warm, nutritious lunches cooked by New Horizon’s resident chef, Elli, or 166 hours of counselling from their on-site counsellor,…
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Palatine Strengthens Northern Buyout Team
We have boosted our Buyout team in Manchester with the appointment of Nauman Lodhi as an Investment Executive. Nauman is relishing his first role in private equity, having spent three years working in M&A at advisory firm BDO in Birmingham and previously as an Associate/Senior Associate at PwC in London. He said: “Palatine has an…
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Palatine announces 2024 winners of ‘Pioneers in ESG’ awards
Today we announced the 2024 winners of our ‘Pioneers in ESG’ awards. The awards recognise companies that are aligning with our pioneering ESG framework and actively building a better and more sustainable future. With the most significant improvement in its ESG performance score from 2022 to 2023, the winner of our ‘Rising Star’ award is…
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Cura Terrae Continues Growth with Latest Acquisition to Increase Stack Testing Footprint
Cura Terrae, the leading group of environmental consultancy and services providers, has acquired Atesta to further increase its stack testing footprint. The acquisition into Cura Terrae group company Envirocare unites nationally renowned stack testing industry leaders and will further enhance Envirocare’s national presence. Since its inception in 2022, Cura Terrae has built on its three…
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BK Plus expand into Scotland with two new acquisitions
BK Plus has announced its first strategic expansion into Scotland with the acquisition of two highly respected firms: Cornerstone Accountants in Glasgow and FourM Accountants in Dundee. With nearly 100 staff across the two firms, this solidifies its position as a truly national firm, committed to delivering tailored accounting and advisory services to SMEs across…
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Palatine raises over £9,000 for Manchester Young Lives
Last week we held our annual Manchester Charity Darts Night and raised an incredible £9,367 for Manchester Young Lives, an amazing charity that promotes the social and educational inclusion of children and young people. The money will support the maintenance of their adventure playground at the Addy Centre in Wythenshawe. Thank you to everyone that…
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Palatine raises over £12,000 for The Diwali Basket Brigade
Last week we held our annual Birmingham Charity Darts Night and raised an amazing £12,930 for the Diwali Basket Brigade, a fantastic charity that provides food hampers to socially deprived and vulnerable households. The money will go towards buying nearly 1,200 food hampers to families and individuals in need, from all faiths and backgrounds across…
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BK Plus announces first acquisition in Buckinghamshire
BK Plus has announced its first acquisition in Buckinghamshire. As one of the fastest-growing accountancy firms in the UK, the business has expanded into Buckinghamshire with the acquisition of Haines Watts in High Wycombe. This move marks the latest in a series of recent acquisitions following the recent additions in The South West. The office…
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Palatine Invests in Global Digital Transformation Services Provider and Completes Strategic Acquisition
We have made a significant investment in global digital transformation services provider, Bluprintx. The announcement coincides with the completion of Bluprintx’s latest strategic acquisition, and its first with our backing. Headquartered in Liverpool and with operations in the US, Netherlands and Australia, Bluprintx enables productivity and revenue growth through technology, data and AI solutions in…
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Palatine Impact Backs Growth at The MOLE Clinic
Our Impact Fund has acquired a majority shareholding in The MOLE Clinic, a pioneering healthcare business which aims to lower UK skin cancer mortality rates by screening tens of thousands of patients a year to detect skin cancer at an early stage. The acquisition for an undisclosed sum from the Hebe Group, which includes the…
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Palatine Exits Direct Tyre Management with Secondary Buy-Out by Caledonia
We have successfully exited Lancashire-based Direct Tyre Management (DTM) in a secondary buy-out by Caledonia Private Capital. The deal follows a record period of growth and investment for DTM, which works with major fleet operators to monitor and maintain their vehicles’ tyres. In the last two years turnover has increased from £30m to £60m. We…
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BK Plus South West Expansion Continues with Two New Acquisitions
UK accounting and financial advisory firm, BK Plus has bolstered its South West presence with the acquisition of two more accountancy practices in Cornwall. Following its recent acquisition of Atkins Ferrie, BK Plus has now welcomed Walker Moyle Chartered Accountants and Pooleys Chartered Accountants & Business Advisers to the group. The bolt-ons are the latest…
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Palatine wins two awards at the North West Rainmaker Awards
We were delighted to be presented with two awards at the TheBusinessDesk.com North West Rainmaker Awards! We won the VC/Private Equity Team Award and the Private Equity Exit of the Year Award, for our investment in sustainability consultants, Anthesis Group. When we met Anthesis in 2021, we were impressed with their mission-driven approach, which aligned…
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NRG and DTM win BVCA Vision Awards
NRG Riverside and Direct Tyre Management (DTM) have won BVCA North West Vision Awards! Both teams were praised for impressive growth trajectory, innovative data and technology strategy and ESG integration. NRG Riverside is the UK’s largest municipal and specialist fleet hire and management company. Under the leadership of CEO Darren Powell, it…
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My Pension Expert achieves B Corp status
My Pension Expert has secured B Corp status, demonstrating the company’s ongoing commitment to meeting high standards of social and environmental performance. My Pension Expert is the UK’s leading at-retirement adviser. Based in Doncaster and with a five-star Trustpilot rating, the business provides independent financial advice to consumers nationwide via telephone and video conferencing. My…
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BK Plus Grows Presence in South East with Latest Bolt-On
Accountancy firm BK Plus has announced its acquisition of Casson Beckman Chartered Accountants, based in Fareham, marking its fifth since Palatine’s initial investment in September 2023. This strategic acquisition further extends BK Plus’s reach into the South East region and reinforces its commitment to delivering local services by local people who understand the needs of…
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My Pension Expert completes acquisition of Tenet&You
My Pension Expert, the UK’s leading at-retirement adviser, has announced the acquisition of Tenet&You. The Doncaster based business provides independent financial advice to consumers nationwide via telephone and video conferencing. Tenet&You is a financial adviser that provides tailored advice to ensure clients’ finances are in the best possible place to match their individual circumstances and…
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Lucion Group Appoints Phil Coles as New CEO
Lucion, a leading provider of testing, inspection, and compliance services, is pleased to announce the appointment of Phil Coles as its new Chief Executive Officer. With an impressive track record in the industry and a strong commitment to driving growth and delivering exceptional client service, Phil is poised to lead Lucion and its subsidiary companies…
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Palatine’s Decarbonisation Target Receives International Validation
We have advanced our trailblazing approach to sustainability by setting ambitious science-based targets for reducing greenhouse gas emissions in our own business and across our portfolio of fast-growing mid-market businesses. The targets, validated by the global Science-Based Targets initiative (SBTi), will see us make a 42% cut in our own greenhouse gas emissions by 2030.…
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BK Plus strengthens its presence with the Acquisition of K J Watkin & Co.
BK Plus, a leading UK accounting and financial advisory firm, is pleased to announce its acquisition of K J Watkin & Co., established 34 years ago as an independent insolvency practice based in Aldridge. This strategic move demonstrates BK Plus’s commitment to expanding its service offerings and strengthening its position as a trusted advisor to…
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Palatine Hosts ESG Intelligent Board Event
We recently hosted our ‘ESG Intelligent board – driving growth through sustainability’ event at Ignition North. We welcomed sustainability experts from Inclusive Employers, Seismic, KPMG Revolt and Anthesis to facilitate conversations with our Portfolio CEO’s. The interactive training session was designed to spark innovative thinking, encourage peer exchange, and equip CEOs with the tools to…
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Palatine holds Women in Leadership Event
This month we teamed up with recruitment agency, psd group, to host a Northwest women in leadership event at 20 Stories. We invited women from various companies across the Northwest to foster meaningful relationships, learn from industry experts and share stories from their diverse careers. “Intentionality is required to create a diverse and inclusive workforce…
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Palatine Makes Successful Riverside Exit
We have successfully exited specialist fleet solutions provider NRG Riverside with a sale of the Skelmersdale -based business following a period of significant investment in its people and operations and impressive revenue growth. The business, which leases and maintains specialist vehicles such as waste collection trucks to local authorities and private companies, has been acquired…
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Palatine win UK Lower Mid-Cap Deal of the Year Award
We have won the UK Lower Mid-Cap Deal of the Year Award at the Real Deals Private Equity Awards 2024 for our exit and reinvestment into Anthesis. In 2021, we had the privilege of partnering with global sustainability consultants Anthesis. In just two years, we successfully exited the company, generating a remarkable 6x return on…
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Greg Holmes wins Private Equity/Venture Capital Professional of the Year Award
Impact Fund Investment Director Greg Holmes has won the Private Equity/Venture Capital Professional of the Year Award at the Insider North West Young Professionals Awards 2024. Greg Holmes has been instrumental in the success of Cura Terrae, Redmoor, and Roydon. His leadership has guided these companies on their ambitious growth journeys. In 2023, he led…
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BK Plus expands into the South West with the acquisition of Atkins Ferrie
BK Plus are a firm of accountants focused locally on SMEs. Following on from its recent acquisition of Andorran in Gloucestershire, BK Plus has acquired its first practice in the South West region with the addition of Atkins Ferrie, based in Cornwall. Atkins Ferrie, renowned for its expertise and client-centric approach, brings a wealth of…
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Leading Waste Management Company Rebrands as Papilo
Greater Manchester-based waste management and recycling services specialist Roydon Recycling has rebranded as ‘Papilo’ as it starts a new chapter in its journey to providing best-in-class service and supporting clients with their sustainability goals. Papilo secured investment from leading private equity firm Palatine, being the second investment from its Impact Fund II in June 2023. In its first…
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Armstrong Joins Palatine Impact Fund as Partner
Experienced mid-market private equity investor Alistair Armstrong has joined Palatine as a Partner in the Impact Fund. Alistair joins from Primary Capital where he spent 16 years gaining strong investment experience. Here, he led B2B-focused investments in companies including Readypower, Foster+Freeman, VJ Technology, Metamark, GatenbySanderson, Amtech and Napier Turbochargers. In his new role, Alistair will…
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BK Plus move into Gloucestershire in a deal with with local firm Andorran
BK Plus, the rapidly expanding accountancy firm, marks the strategic expansion into the Gloucestershire region with the acquisition of Andorran Chartered Accountants based out of Manor Business Centre in Cheltenham. This move signifies BK Plus’s commitment to providing local expertise and advice to the SME sector in their local area using local Partners and staff.…
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Palatine’s Impact Fund Backs Growth at Global Water and Environmental Technology Innovation Consultancy
We have made our fourth investment from Impact Fund II with the acquisition of a majority share in fast-growing environmental consultancy Isle Utilities. Isle Utilities is a global innovation consultancy specialising in the development and commercialisation of emerging technologies in the water and environmental sectors. Acting as a partner across the entire innovation cycle, Isle…
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B2W Group Targets Green Energy Growth in Latest Deal
B2W Group, the leading national skills and training group, has branched out into green skills with its latest strategic acquisition. ECTA Training, a company specialising in smart meters, electricals, renewables such as heat pumps and solar panel installation training, is the third since our Impact Fund invested in B2W in October 2020. Founded in 2005,…
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The Alchemist Set to Open the Doors on 10 New Sites
Creative cocktail bar and restaurant group The Alchemist, backed by Palatine, has received a £15 million loan from digital bank OakNorth, to support the roll out of new sites and refinance existing debt. The loan will support The Alchemist’s plans to open 10 new sites over the next three years. Founded in Manchester in 2010,…
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BK Plus Acquires Abrams Ashton
Accountancy firm BK Plus, has completed its acquisition of St Helens-based accountancy practice Abrams Ashton, to continue its expansion in the North West. Abrams Ashton is the first acquisition since our investment in Midlands-based BK Plus in September 2023. It has a well-established reputation for providing high-quality tax expertise to SMEs in the St Helens…
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Palatine Announces Raft of Promotions
We have announced a number of promotions across our team following another good year for the business. Within our Buy Out investment team, Midlands based Tom Hustler has been promoted to Senior Investment Director, with London Based Matthew Coles also being promoted to Senior Investment Director in the Impact investment team. In our Value Enhancement…
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B2W Group steps up growth with BePro
The B2W Group, one of the UK’s leading pre-employment and apprenticeship training providers backed by our Impact Fund, has broadened its service offering with the acquisition of a specialist HR apprenticeship training provider. In B2W’s second strategic acquisition since our investment, the company has bought BePro Development, a provider of CIPD (Chartered Institute of Personnel…
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Palatine reduces carbon offsets for 2023 Buyout AGM
For the second year, we held a carbon-neutral AGM for our Buyout Fund. We focused on improving our prevention and reduction initiatives which meant our offsetting total was even lower than last year through prevention alone despite having more attendees. We used a total of 3.15 tCO2e, which we offset through Gold Standard community-based carbon…
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Palatine Backs Third Strategic Swoop for FourNet
FourNet, the digital transformation and customer experience group, has made a third strategic acquisition since investment, and the second of 2023. The latest deal is for global network specialists 01T, a Brighton-based managed service provider (MSP). The acquisition provides FourNet’s critical infrastructure customers, which include the Prime Minister’s Office and dozens of government departments and…
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Progressive Move for Palatine-Backed Anthesis
Anthesis, the fast-growing international sustainability advisory and solutions firm, has continued its acquisitive growth strategy with the addition of Progressive, a growth and innovation consultancy. Founded in 2016 by Matt Nicholls and Ken Valledy, London-based Progressive works with senior leadership teams to help accelerate and unlock new, sustainable growth. It supports a range of international…
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Palatine Doubles up with Award Wins
We are proud and delighted to have scooped two prestigious awards. In the North West, Beth Houghton, Managing Partner of our Impact Fund, became the first ever woman winner of the Dealmaker of the Year award in its 29 year history. More than 1,100 people attended the Dealmakers Awards at Manchester Central, where the judges…
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Palatine’s Sustainability Awards 2023
Each year, we celebrate the companies within our portfolio that go above and beyond to embed and progress ESG practices within their businesses. This year’s awards go to… Rising Star Award: Morro Partnerships Morro has been recognised for this award for fully embracing the Palatine ESG framework and identifying its opportunities regarding competitive edge, attracting…
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Palatine raises over £13,000 for the Diwali Basket Brigade
At the start of 2022, we voted as an organisation to support charities that help Sustainable Development Goal 2, which aims to create a world free of Hunger by 2030. This year, we chose to support the Diwali Basket Brigade, an annual event organised by The Diwali Foundation, providing food hampers to socially deprived and…
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Palatine becomes a signatory of the Investing in Women Code
We see private equity as a force for good and are committed to promoting an inclusive culture within Palatine, our portfolio companies and society. With long-standing investment success, we’re in a privileged position. We want to use our tools, resources and connections to support the wider community, which is why we have chosen to become…
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Future Proofing Value: Fostering a Culture of Inclusion
Before planting a seed, we tend to the soil first; only then will the seed grow. The same can be said for inclusion and diversity; without tending to the culture and fostering an inclusive organisation, diversity will not be able to flourish. We want organisations in our portfolio to be inclusive places to work for…
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From Jessup To Morro
Midlands-based residential developer Jessup Partnerships has rebranded as ‘MORRO Partnerships’ following significant growth in the business and its impact on the region’s affordable housing landscape. Since our investment in 2022, MORRO’s turnover has grown 20% to £80m last year. In this time, it has also increased its headcount by 40%, opened a new East Midlands regional…
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Palatine raises over £7000 for New Horizon Youth Centre
Last week we held our annual London Charity Darts Night and raised £7,940 for New Horizon Youth Centre. New Horizon is an incredible charity that works with young Londoners who have been pushed into homelessness or danger. Thank you to everyone that came along, and congratulations to the FRP CF team who came top! To…
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Palatine Invests in Midlands-Based Accountancy Firm, Bk Plus
We have acquired a significant minority shareholding in the Midlands headquartered accountancy firm, BK Plus, marking a pivotal moment in the firm’s rapid growth journey. David Baldwin and Shaun Knight, former directors of the accountancy group Baldwins, embarked on their entrepreneurial journey with BK Plus in February 2021. Their extensive experience and expertise in acquiring,…
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Anthesis Expands its Latin American Operation and Digital Portfolio through Contreebute Merger
Anthesis, the leading global pure-play sustainability advisory and solutions firm, today announced it has expanded its operations in Latin America by merging its established team in Bogotá with sustainability and digital consultancy, ConTREEbute. This deal represents the twentieth purpose-led organisation to join Anthesis in ten years, and its seventh since our initial investment in 2021,…
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Palatine Managing Partner Joins AMBS Board
Managing Partner of our Impact Fund Beth Houghton has joined the Advisory Board of Alliance Manchester Business School (AMBS), as she looks to bring impact to the fore for the next generation of graduates. Established in 1965 and part of The University of Manchester, AMBS is one of the UK’s largest campus-based business schools. It provides…
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Palatine Recruits New Investment Manager for Impact Team
We have bolstered our Manchester team with the appointment of Rachael Taplin as an Investment Manager for our Impact Fund. Rachael joins from Grant Thornton, where she spent more than two-and a-half years in the corporate finance team, moving up from associate to manager during this time. Here, she advised on several key deals across…
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Anthesis merges with Australian consultancy Ndevr Environmental
Anthesis, the largest group of dedicated sustainability professionals globally, has announced its merger with Ndevr Environmental, one of Australia’s leading advisory firms focused on accelerating the global transition to a sustainable, net zero future. The news comes as we announced earlier this month that we are reinvesting in the secondary buyout at Anthesis, which saw…
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Palatine holds first charity darts event in Manchester
Last week we held our first Manchester Charity Darts Night and raised £10,205 for Coffee4Craig. Coffee4Craig is an incredible charity that offers an evening drop-in service that provides homeless people with a home-cooked meal, access to a medic, shower and barbering services and advice from their team of amazing staff and volunteers. Thank you to everyone…
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Palatine to Reinvest in Secondary Buyout at Sustainability Leader Anthesis
We are pleased to be reinvesting in leading global pure-play sustainability advisory and solutions firm Anthesis, after the company agreed a secondary buyout with global investment firm Carlyle. Our Buyout and Impact funds invested in early 2021 and in a close partnership with the Anthesis leadership team delivered strong and sustainable growth. Revenues grew significantly,…
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Anthesis Doubles up with Second Acquisition this Month
Fast-growing Anthesis, the leading international sustainability consultancy, has acquired an impact-led creative change agency, the fifth strategic deal since our investment in 2021. The latest addition to the Anthesis Group is Charlescannon, a Switzerland-headquartered business providing leading corporates with strategic communications and brand narratives. Founded in 2007 it has a team of more than 40…
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Palatine Backs Growth at Waste Management Company Papilo
We’ve made our second investment from our Impact Fund II with a significant investment in waste management and recycling services specialist Papilo (formerly known as Roydon Recycling UK). Headquartered in Swinton, Greater Manchester, Papilo is a trusted partner for a range of blue chip FMCG, in particular food and beverage, manufacturers across Europe, advising on…
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Gary Tipper joins City in the Community Board of Trustees
Manchester City’s official charity, City in the Community (CITC), has appointed Gary Tipper to its Board of Trustees. Gary co-founded Manchester-based Palatine in 2005 as one of the first private equity houses headquartered outside of London. Over the subsequent 18 years, he has helped grow the business into a leading force in the UK private…
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Anthesis Acquires Global ESG Advisory Firm Wallbrook
Anthesis, the sustainable performance activator and the largest group of dedicated sustainability professionals globally, has strengthened its response to the growing global regulatory and compliance environment with a strategic acquisition The acquisition of Wallbrook, a leading global ESG advisory firm focused on anti-corruption, investigations and human rights, marks the fourth bolt-on since our investment in…
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Suntera Strengthens Channel Islands Presence with Carey Deal
Suntera Global, a leading international provider of fund administration and corporate and trust services, has strengthened its presence in the Channel Islands with a strategic acquisition. The acquisition of Guernsey-based Carey Commercial Limited is the seventh bolt-on deal completed by Suntera since our initial investment from our buyout fund in 2019. Carey Commercial is an…
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Palatine Launches Growth Credit Strategy
+ The Palatine Growth Credit Fund will back fast-growth B2B companies in sectors such as AI, SaaS, cyber and fintech throughout the UK regions + Will Chappel joins as Partner to lead new team + Represents a third string to Palatine’s bow alongside its established Buyout and Impact Private Equity Funds We have launched a…
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Our London Office has Moved
Our southern team has moved to a new London location; our new address is: 11 Strand London WC2N 5HR We look forward to seeing you in our new office soon.
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FourNet Accelerates Growth with Strategic Bolt-On
FourNet, the fast-growing IT services company, specialising in digital transformation and customer experience, has made a second significant strategic acquisition since securing investment from leading mid-market investor Palatine. The company has acquired Nowcomm, a cybersecurity, network infrastructure and collaboration consultancy based in Derby with 34 employees and a bluechip customer base spread across the public…
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Inspiring Young People to Achieve with IntoUniversity
A university education enhances employability, increases lifetime earnings and helps develop essential life skills. We believe access to a university education should be available to all, regardless of background or identity. This is why we’ve partnered with Manchester University and become an IntoUniversity donor. IntoUniversity delivers educational activities for disadvantaged young people aged 7-18. They…
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Palatine Grows Value Enhancement Team
We have expanded our value enhancement team with the appointment of Greta Steponavičiūtė as Strategic Growth Manager, to work across both our Buyout and Impact Funds. Based in our London office, Greta joins the leading mid-market investor from Accenture M&A and private equity strategy advisory team. At Palatine, she will focus on the value enhancement…
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Three New Partners and Four Promotions as Palatine Marks Successful Year
We have welcomed three team members to our partnership and promoted a further four, following one of the most active years of investments and exits in our 17-year history. We have promoted Andy Strickland, Tom Ross Jones and Sam Fazakerley to our partnership, in recognition of their long-term contribution to the business’ success. Tom Wildig…
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Cura Terrae Completes Second Deal in as Many Weeks
Environmental consultancy Cura Terrae has acquired air quality monitoring business Enviro Technology Services Ltd, marking its second acquisition in as many weeks and the third since becoming part of our portfolio earlier this year. Enviro Technology will join Ecus, Environmental Monitoring Solutions and Envirocare, as part of the Cura Terrae group. As a leading global player…
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Cura Terrae Flourishes as Growth Continues
Environmental consultancy and service providers Cura Terrae has announced a second bolt-on acquisition since our investment in the group earlier this year. Ecus, one of three businesses within the Cura Terrae group, has snapped up niche environmental consultancy Naturally Wild, which provides expertise for any project that may affect protected species. Naturally Wild is based…
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Lucion Group continues growth with fourth acquisition in 12 months
Lucion Group, the fast-growing environmental services company, has made a fourth acquisition in the last 12 months, with a deal for a specialist surveying company with more than 70 staff. Lucion Group said Midland Survey Limited (MSL), which has bases in Warwickshire, Gloucestershire, Buckinghamshire, Yorkshire and Sussex. would be integrated into its Lucion Services division.…
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Anthesis Launches RouteZero
Anthesis, the largest dedicated group of sustainability professionals globally, launches RouteZeroTM, the first credible solution to digitally deliver a comprehensive Greenhouse Gas (GHG) reduction platform – from intelligent climate planning to optimal investment strategies and implementation activities – backed by the unrivalled expertise from 1,100 climate analytics specialists. Designed from the insights of over 4,000…
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Palatine Becomes an Accredited ‘B Corp’, Underlining its Commitment to Positive Equity
We have been awarded B Corp certification, reflecting our leading position in delivering sustainable business growth and our pioneering role in sustainable investing. B Corporations (B Corps) are businesses that demonstrate the highest standards of social and environmental performance, transparency, and accountability through a rigorous assessment process. We scored 111.3 out of a possible 200…
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Palatine Exits First Impact Investment with Sale of Adult Learning Provider
We have successfully exited our investment in Trade Skills 4U, the market-leading provider of electrician training schemes, with the sale of the business to City & Guilds. We backed Trade Skills 4U in 2017 as the first investment from our Impact Fund which was established to invest in commercially driven businesses with a mission to…
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Facilitating Diversity within Private Equity
Q + A with Investment Director, Danielle Garland How did you get started in private equity, and what has been your path to your current role? At school, money was tight, so I was always trying to make more on the side; my days were spent in the library and my evenings behind the…
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Palatine Sustainability Awards 2022
We recently held our annual sustainability portfolio awards, congratulations to all the winners! Newcomer Award Winner: Cura Terrae Environmental services group Cura Terrae joined our portfolio earlier this year. The team work with their clients to build a brighter, more sustainable future, which is supported by their own ambitious commitments to sustainability. We look…
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Palatine Exits Veincentre Following Highly Successful Rollout Strategy
We have made a second successful exit from our pioneering Impact Fund with the sale of our stake in Veincentre, the UK’s largest chain of varicose vein treatment clinics. The sale, to CBPE Capital (CBPE), follows a rapid roll-out of treatment clinics from seven at the time of the original investment in July 2019 to…
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Palatine Impact Opens Second Impact Fund by Backing Leading Inclusion & Diversity Specialist
We have made our first investment from Impact Fund II by taking a significant stake in Inclusive Employers, the UK’s first and leading membership organisation focused on creating inclusive workplaces. Inclusive Employers works with more than 500 major businesses, organisations and sporting associations, providing consultancy, training, advice and learning resources through a dynamic and scalable…
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Palatine Announces Significant Investment in Redmoor Health
We are excited to announce our significant investment in rapidly-growing, digital healthcare services partner Redmoor Health. Founded in 2017, Chorley-based Redmoor Health is a trusted partner of the NHS for all things digital technology. It provides a range of digital transformation expertise from design and project management to implementation and analytics. As a family-run business…
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Palatine Makes Successful Exit on Acora Investment
We have successfully exited fast-growing IT managed service provider Acora with the company securing a new minority investment from LDC. The exit generated a return of more than 3x the original investment in under three years. We invested in the technology provider from our Buyout Fund III in March 2020. Since then we have supported…
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Palatine Exits CTS Group With 5.8x Return
We have successfully exited our investment in CTS Group, the fast-growing provider of testing, inspection and geoengineering consulting services to the construction and infrastructure sectors. Leicestershire-headquartered CTS has been acquired by Oakley Capital, the pan-European private equity investor. We made a partial exit from the business in 2021, with the sale of its insurance claims…
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CTS Group Strengthens Again With Geo-Environmental Deal
CTS Group has acquired the geotechnical and geo-environmental specialist In Situ Site Investigation Limited, the latest of nine acquisitions that have given the technical consulting firm a market-leading position in testing infrastructure materials, surveying and monitoring services. With headquarters in St Leonards-on-sea, East Sussex, In Situ Site Investigation employs 37 staff and operates internationally across…
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Palatine-backed CTS Group Completes its Eighth Acquisition
CTS Group (Construction Testing Solutions), a leading provider of geotechnical consulting, construction materials testing and surveying and monitoring services, has acquired Concept Engineering Consultants Limited, a leader in geotechnical, structural and geo-environmental services. This is CTS Group’s eighth acquisition since our initial investment in late 2018. The deal further strengthens CTS as a market leader…
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Palatine-Backed Cura Terrae Makes Maiden Acquisition
Cura Terrae, the new environmental services group backed by our Impact Fund, has made its first acquisition since its creation in March. The deal is a strategic bolt-on for Cura Terrae group company Envirocare, which has bought S I Environmental, an established occupational health consultancy based in Nottingham, expanding its presence to the East Midlands…
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Palatine investment in My Pension Expert confirmed following FCA approval
We have completed a significant investment into My Pension Expert following approval from the Financial Conduct Authority (FCA). My Pension Expert is the UK’s leading at-retirement adviser, with its telephone and video-based services allowing the company to provide independent financial advice on a national scale. Our investment will accelerate My Pension Expert’s growth plans as…
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Palatine Backs Growth at Specialist Recruiter Skills Alliance
We have acquired a majority stake in Skills Alliance, a specialist niche workforce solutions provider for the life sciences, medical device, and animal health sectors. Operating internationally with offices in London, Frankfurt, Zurich, New York, Seattle, and Newport Beach (CA), Skills Alliance, works on a retained basis for some of the largest pharmaceutical and biotech…
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Palatine-Backed Anthesis Acquires Energy Specialist
Third strategic M&A deal in six months, following Climate Neutral Group and Provision Coalition Sustainability activator grows to more than 1,000 experts in less than 10 years Anthesis, the world’s largest dedicated group of dedicated sustainability experts, has acquired UK-based energy specialists, Padd Energy. This deal marks the third M&A transaction for Anthesis in six…
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Palatine Expands London Buyout Team
We have strengthened our team with the appointment of Danielle Garland as Investment Director in our Buyout team based in London. Danielle joins from Mobeus Equity Partners having worked in M&A since 2008. At Palatine, She will be responsible for deal origination, execution, and working with management teams to deliver their strategy post investment. Throughout…
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Back2work Accelerates Growth with Just IT Acquisition
Back2Work Group, the leading, national adult learning and pre-employment training provider has acquired Just IT Training, a provider of IT and digital apprenticeships and skills ‘boot camps’, based in London. Manchester-based Back2Work secured significant investment from our Impact fund in late 2020 and Just IT Training represents their first strategic acquisition in the training sector.…
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Palatine-backed Lucion Group completes strategic bolt-on
Environmental services company Lucion Group, has completed a key strategic acquisition in the East of England. Peterborough-based Ground Engineering Ltd, which specialises in the provision of site investigation services and geotechnical testing, will strengthen Lucion Group’s environmental and health and safety consultancy division, Delta-Simons, bringing additional site investigation expertise, capability and also enhancing its geographical footprint. The bolt-on…
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Palatine Holds its Largest Digital Value Enhancement Forum to Date
An integral part of our value enhancement approach is enabling opportunities for our diverse portfolio to connect, share knowledge, and learn from industry experts. With this in mind, we recently held our largest value enhancement forum to date. These events centre around a topic of interest and importance for our management teams, and this time…
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Palatine Announces Significant Investment in My Pension Expert
We have made a significant investment in fast-growing, Doncaster-based retirement adviser, My Pension Expert. My Pension Expert is the UK’s leading at-retirement adviser, with its telephone and video-based services allowing the company to provide independent financial advice on a national scale. The business already enjoys a market-leading reputation amongst clients, achieving a five-star Trustpilot rating.…
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Palatine Strengthens Buyout and Impact Teams
We have grown both Buyout and Impact teams within our business, following an active first quarter of the year. Rupert Brown has been promoted to Senior Investment Director and moves across to the Impact team, whilst the Buyout team has welcomed new recruit Carly Sinicrope as Investment Manager. Both will be based in the London…
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Palatine Doubles Down on Tech Deals
We have continued to support the strategic growth of technology businesses in its portfolio with the completion of two significant strategic acquisitions by Acora and FourNet. IT managed service provider Acora has acquired UK leading cybersecurity provider Secrutiny. The transaction, which takes Acora’s team to more than 500, is the fourth deal since Palatine invested…
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Construction Testing Solutions acquires GT Certification
Construction Testing Solutions (CTS), a leading provider of construction consulting and testing services, has today announced a further strategic acquisition as it continues its drive to become an industry leading provider of services to the construction sector. The acquisition of GT Certification is the seventh acquisition since our investment in CTS in 2018 and follows…
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Suntera Global Completes Nedgroup Trust Channel Island Acquisition
Suntera Global has completed its acquisition in the Channel Islands following the receipt of regulatory approvals. The acquisition of specialist fiduciary services provider, Nedgroup Trust, will strengthen Suntera Global’s offering as well as extend its reach into an additional tier one jurisdiction in Guernsey. Nedgroup Trust has a 70 strong team of staff across the…
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Suntera Global Establishes US Presence with Strategic Acquisition
Suntera Global has acquired US fund administration business Socium Fund Services in a key strategic move as the firm continues to grow and expand its international footprint into new global markets. The acquisition of Socium, which requires no regulatory approval and completes with immediate effect, will strengthen Suntera Global’s offering for fund managers and provide…
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tranScrip Accelerates Growth and Expands Service Capabilities with Key Acquisition
tranScrip, the fast-growing contract drug development organisation which supports the development and lifecycle of medicines, has acquired Dublin-based Real Regulatory, a highly respected business specialising in European regulatory affairs, quality systems and compliance for medical products. The strategic acquisition significantly expands tranScrip’s regulatory affairs capabilities, strengthening its ability to provide comprehensive support to its customers.…
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Growth set to bloom at Cura Terrae as Palatine Impact invests
Our Impact Fund has acquired newly created environmental services group, Cura Terrae, further bolstering our commitment to investing in companies that create environmental or social change and generating returns with purpose. Headquartered in Sheffield, Cura Terrae, the Latin form of ‘take care of the earth’, is a purpose-driven business led by experienced entrepreneur Professor Pete…
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Palatine Invests in Award Winning Housing Provider Jessup
We have acquired a majority stake in Jessup, one of the Midlands’ most respected developers of affordable homes. Established for 34 years, Staffordshire-based Jessup is a trusted partner to local authorities and registered providers of social housing, including Birmingham City Council, Dudley Council, Cannock Council, Wrekin Housing Trust, Greensquare Accord, Optivo, Stonewater, whg, EMH and…
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Lucion Steps up Growth with Acquisition and Investment in Testing Lab
Fast-growing Lucion Services, the leading environmental services company, has announced the strategic acquisition of Landform Surveys Ltd, an established topographical surveying firm in the North East. Landform Surveys, which is based in Gateshead, where Lucion is headquartered, brings a skilled team and a range of highly complementary services to the group. Working across a variety…
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CTS Boosts Scottish Footprint with Key Acquisition
Construction Testing Solutions (CTS), the fast-growing provider of construction consulting and testing services, has made its first acquisition of 2022 and its sixth since investment in 2018. The latest deal brings Mason Evans, a specialist geo-environmental consultancy, based in Glasgow into the group. Mason Evans has 45 skilled staff and was founded in 1995. Working…
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Business Strategist Hire Strengthens Palatine
We have strengthened our Value Enhancement team with the appointment of Matt Cobbold as Strategic Growth Manager. Matt will work across both Palatine’s Buyout and Impact Funds, supporting investee companies to identify, prioritise and execute a range of strategic growth initiatives. He joins from OneWeb, the international satellite internet service provider, where as Corporate Development…
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Anthesis accelerates growth with international Net Zero deal
Anthesis, the fast-growing global sustainability specialist, has announced its second strategic deal this year with Netherlands-based consultancy, Climate Neutral Group, joining the Anthesis Group. Climate Neutral Group is a Net Zero authority on emissions analysis and reduction, offsetting, and certification programmes. Headquartered in Utrecht, it has a team of 50 people and offices in Belgium…
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Palatine backed Suntera continues strategic growth journey
Suntera Global has made a a key acquisition, further enhancing its presence in the Channel Islands. The acquisition of specialist fiduciary services provider, Nedgroup Trust Limited, which is subject to regulatory approvals, will strengthen Suntera Global’s offering as well as extending its reach into an additional tier one jurisdiction in Guernsey. Nedgroup Trust Limited has…
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Two new partners among raft of promotions at Palatine after milestone year
We have announced a raft of promotions reflecting our team’s contribution over the past 12 months, which saw record levels of investment and exit activity. Richard Thomas, who leads Palatine’s Midlands office and Business Services sector, and James Gregson who was one of the first people the firm recruited to support its pioneering Impact Fund have…
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Palatine Sustainability Awards 2021
Enthusiasm and Potential Award Winner: NRG As experts in specialist fleet and tyre management, NRG has demonstrated clear enthusiasm and commitment towards building a winning ESG strategy to strengthen and position their work in the spheres of electric vehicle leasing and sustainable fleet and tyre management. This has great potential to go further. …
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Anthesis Group acquires Canadian Agri-food sustainability consultancy
Anthesis, the largest group of dedicated sustainability professionals globally, has announced the acquisition of Provision Coalition Inc., a Canadian-based consultancy focused on sustainability in the Agri-food sector. The acquisition is an important part of Anthesis’ growth strategy, following our investment in March 2021 and building on Anthesis’ growing operations in North America and scaling its…
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Palatine Completes the Sale of Financial Adviser Wren Sterling
We have completed the sale of national independent financial adviser Wren Sterling to the management team supported by investment funds affiliated with Lightyear Capital LLC (Lightyear), which is making a majority investment in Wren Sterling. The deal has received FCA approval. Wren Sterling was created in 2015 through the Palatine-backed management buyout of Towergate Financial.…
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Lucion Group acquires leading radiation protection consultancy
Lucion Group, the leading environmental services company, has acquired specialist consultancy Aberdeen Radiation Protection Services (ARPS) Ltd, in a strategic deal that strengthens its capabilities in the nuclear sector. The deal, which also boosts Lucion’s presence in Scotland, will see skilled members of the ARPS team join the business. Founded in 2001, ARPS provides comprehensive…
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CTS to step-up growth after refinancing
Construction Testing Solutions (CTS), provider of construction and infrastructure testing and consulting services, has completed a multi-million pound refinancing with European credit specialist Kartesia. The new funding will support the ambitious Leicester-headquartered company to continue a successful growth strategy that has already seen it acquire five businesses since it secured investment from our Buyout Fund…
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Palatine Brings Pioneering Sustainable and Impact Credentials to the Fore in Rebrand
Palatine has unveiled a major rebrand to reflect its leading position in driving and delivering sustainable business growth in the mid-market and its pioneering role in UK Impact investing, following a milestone year of investment and exit activity. The new brand identity aligns Palatine’s two funds – the Buyout Fund and the Impact Fund –…
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The Young London Print Prize – Cop26
In the lead-up to COP26 in Glasgow, young people from across London were invited to express their own personal response to the climate crisis through their love of art. The Young London Print Prize is a new competition which aims to inspire and showcase the work of young artists. All the work is created and…
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Palatine supports Acora’s third acquisition with IT Services company
Fast-growing IT services company Acora has made a third bolt-on acquisition since the investment by Palatine in 2020, and is planning to ramp up further deals in 2022. The latest deal, for London-based M9 Limited, brings a thriving and forward-looking IT services provider with over 40 staff, and nearly 100 long-term contracted customers to Acora…
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Palatine realises successful first exit from the Impact Fund with Estio Training
Our Impact Fund has made its first exit with the sale of Estio Training to global education provider BPP Education Group. Estio is a specialist provider of NVQ level 3 and level 4 IT and digital apprenticeships, provided through its online delivery model. The company addresses a national, growing IT skills gap by making it…
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tranScrip announces appointment of Marcin Mankowski as the new Managing Partner
Dr Marcin Mankowski, Co-founder and Deputy Managing Partner of tranScrip, has been appointed tranScrip’s new Managing Partner. Marcin has been integral to the success of the business over the last decade and is transitioning to the role at an exciting stage of the company’s growth. Underpinned by a recent significant minority investment from Palatine Private…
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Palatine agrees sale of CET Group’s specialist claims management division
We have made a successful partial exit from CET Group with the sale of its tech-enabled insurance claims management division to HomeServe plc for £53m. Based in Castle Donington, CET is a leading provider of outsourced home emergency, drainage and subsidence services to one in eight UK households. Since our initial investment in November 2018,…
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Palatine Strengthens Portfolio Team
PALATINE, the leading mid-market private equity firm, has appointed Georgina Wendon-Smith as a Portfolio Manager. Georgina is well-connected in the professional services sector in the Midlands, having previously supported the Palatine team on several investments as an adviser. She joins from Beechbrook Capital, a specialist fund manager, where she was an associate director in the…
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Back-to-back Luxembourg deals as Suntera continues growth drive
Suntera Global, the Palatine Private Equity-backed provider of fund, corporate and private client services, has acquired a second Luxembourg-based business in as many months, as it continues its strategic buy-and-build program. The company, which in August acquired boutique fund administration company Reference Financial Services SA, has now agreed to deal to buy fund and corporate…
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TravelSupermarket and Icelolly joint entity deal completes
Holiday comparison brands TravelSupermarket and Icelolly.com have joined together and become Ice Travel Group. The deal, first proposed in mid-May, has now completed, with former Icelolly CEO Richard Singer becoming CEO of the new business. Both brands are to be retained within the new Group. Singer says that joining up our teams and resources will…
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Palatine Exits Verdant Leisure with a Returns Multiple of 3.7x
We have exchanged contracts for the sale of our stake in Verdant Leisure, the award-winning holiday park operator, to the management team backed by Pears Partnership Capital. The deal has received FCA approval. Verdant Leisure is a bespoke holiday park operator offering lodge and caravan holidays and holiday home ownership at stunning sites across Scotland…
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Palatine-Backed Suntera Global Announces Acquisition in Luxembourg
Suntera Global, provider of fund, corporate and private client services, has acquired Luxembourg-based boutique fund administration and corporate services firm Reference Financial Services SA. The acquisition, which is subject to appropriate regulatory approvals, adds to Suntera Global’s client base while strengthening its presence in EU markets. The move supports its growth strategy and complements its…
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CTS acquires Silkstone Environmental in second bolt-on deal of 2021
Construction Testing Solutions (CTS), a leading provider of construction consulting and testing services, has completed the acquisition of Silkstone Environmental Limited (SEL), a multi-disciplined consultancy specialising in minerals and waste management planning & permitting, site investigation, environmental monitoring and surveying. Based in Sheffield, Silkstone Environmental employs 12 staff and operates across the UK. Founded in…
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Palatine-Backed DTM Acquires Tyrewatch
Our Skelmersdale headquartered tyre management specialist DTM, has acquired TyreWatch, Europe’s market leading provider of real-time tyre monitoring technology. Based in Basingstoke, TyreWatch provides digital tyre management services to monitor and manage the wheels and tyres of HGVs and public service vehicles. Established in 2017, it has grown to support clients across the UK, Europe,…
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Palatine Invests In Specialist Home Healthcare Provider Routes
We have acquired a majority stake in Routes Healthcare, one of the North’s leading providers of specialist person-centred health and homecare services. Headquartered in the North-West, the business operates from 14 service centres, employing 120 operational and management staff, along with 1,000 carers. The business provides specialist complex care packages for people with long-term health…
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Palatine Invests in Leading Tech Firm FourNet
We have acquired a majority stake in FourNet, award-winning digital transformation and customer experience specialists with clients including 10 Downing Street, the Cabinet Office, HM Treasury and the Bank of England. Headquartered in Manchester, and with offices in London and Burton-on-Trent, FourNet has annual revenues of £38m and employs more than 100 people. The company…
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Wren Sterling secures four acquisitions in 2021
Wren Sterling has released details of a further three deals completed over the first half of 2021, as it takes its total number of acquisitions in 2021 to four. Sentinel Private Clients Limited (Sentinel), of Warwickshire, Bookeeping Administration Services Ltd (BKASL) based in Cardiff and Rothesay Intelligent Financial Services Ltd (Rothesay) in Bedfordshire have been…
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Palatine Exits TTC Group
We have successfully exited our investment in TTC Group, the leading driver risk management and road safety training provider, with the sale of our shareholding to the TTC management team supported by Pricoa Private Capital. Since investing in the Telford-headquartered company in July 2017, we have overseen revenue growth from circa. £27m to more than…
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CTS – making mental health a priority
We spend one-third of our day working, so it has a profound effect on how we feel. Difficult or high-pressured situations can make us feel stressed, but a happy and supportive and workplace can help us manage our mental health. Construction Testing Solutions (CTS) has worked hard to ensure their team benefit from this kind…
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Palatine-backed Icelolly.com to combine with TravelSupermarket to create a standalone holiday comparison business
We have agreed to combine our portfolio company Icelolly Marketing Limited (Icelolly) with Moneysupermarket.com Group PLC’s TravelSupermarket (TSM), enabling stronger and broader travel comparison services across both brands. Leeds-based Icelolly.com is an online package holidays travel intermediary, specialising in price comparison and deals, and will complement TSM’s comparison services for holidays, flights, hotels, car hire…
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Palatine portfolio becomes carbon literate
We have rolled out Carbon Literacy training across our portfolio of companies, underlining our 10-year leadership in integrating ESG into our portfolio to accelerate business growth sustainably. We are the first private equity house in the UK to put our full portfolio through the internationally-recognised training. In total 87 senior individuals from our team and…
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Lucion Services accelerates growth with acquisition of Delta-Simons
Lucion Services, the leading environmental services group backed by Palatine Private Equity, today announces the acquisition of multi-disciplinary environmental consultancy Delta-Simons Environmental Consultants Ltd. The transaction creates a market-leading group offering a wide range of environmental regulatory services across the UK, as well as becoming a significant force internationally via Delta-Simons’ existing footprint and its…
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EPI Group become the first Carbon Neutral energy consultancy
EPI Group, a leading international energy consultancy have been accredited as a ‘CarbonZero Company’ by CO2balance UK Ltd, a first within the energy consulting sector. ‘EPI’s sustainability journey started in 2018 when I took over as CEO,’ explains Andy Smart, ‘We started with a complete review of the company’s processes and set a business objective…
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Market-leading sustainability activator to benefit from our expertise in ESG, impact and buy-and build, to accelerate growth.
We are delighted to announce that we have invested in fast growing, global sustainability specialist, Anthesis Group, underlining our long-held commitment to deliver positive ESG outcomes and our first-mover status in mid-market impact investing. Established in 2013, Anthesis has grown to a turnover of £40m (FY2019) and is ranked in the prestigious Sunday Times Fast…
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Suntera Global wins Citywealth Awards
The global professional services provider took home silver and bronze awards at Citywealth’s International Financial Centre Awards 2021 Suntera Global has won silver for Deal of the Year 2021 for their purchase of Helm Trust Company and subsequent rebrand to Suntera in 2020, and bronze for Trust Company of the Year-Jersey at Citywealth’s International Financial…
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Lucion introduces innovative technology for a safer, greener and more efficient fleet
Gateshead-headquartered Lucion Services, an international leader in environmental risk management services, has announced the roll-out of Lightfoot’s in-vehicle driver efficiency technology and rewards platform to its fleet of 197 vans. The decision follows successful trials which led to uplifts in performance by more than 10%, reductions in CO2 emissions by 5.6%, falls in idling time…
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CET celebrates a magnificent eight during National Apprenticeship Week #NAW2021
CET is celebrating National Apprenticeship Week 2021 by catching-up with some of its recent intake of apprentices to learn how they are each adjusting to their new role. In the past two months, the UK claims solutions specialist has started no less than eight apprentices as it looks to invest in developing future talent within…
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Palatine-backed CTS builds for the future with second strategic bolt-on deal in two months
Construction Testing Solutions (CTS), the leading provider of construction-related professional services, has acquired Nicholls Colton Group in a second strategic bolt-on deal in just two months. CTS, backed by Palatine since November 2018, and previously known as CET Infrastructure, provides construction testing, geotechnical, structural investigation, calibration, and consulting services nationwide. The acquisition of Nicholls Colton,…
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Palatine hires experienced Investor Relations Director
Palatine, the leading mid-market private equity firm, has appointed Tim Crowley as Director of Investor Relations. He will work alongside Gary Tipper, Palatine’s Managing Partner, and the business’ senior management team to support current investors and develop relationships with new Limited Partners. Tim’s remit will include both of Palatine’s current funds: the Buy-Out Fund which…
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Palatine’s Impact Fund backs growth in specialist pharma services provider tranScrip
Palatine Private Equity has completed the seventh investment from its Impact Fund, with the acquisition of a significant minority stake in tranScrip, a fast-growing global business playing a key role in the innovation and commercialisation of new medicines, including treatments for COVID-19. Headquartered in the Thames Valley, tranScrip provides a wide range of specialist professional…
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Suntera Global appoints Global Head of Marketing
Suntera Global has announced that Cara Pyper has been appointed as their Global Head of Marketing. Cara has over twenty years’ experience in marketing. Prior to joining Suntera Global, Cara was Senior Manager – Business Development and Marketing for the JTC Group where she was responsible for the creation and management of marketing and business…
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Palatine promotes Stephanie Wall to ESG Director
Palatine, the leading mid-market private equity firm, has promoted Stephanie Wall to the position of ESG Director as it continues to drive its pioneering approach to responsible investing. In her new role Stephanie joins Palatine’s senior management team. She will continue to lead projects across Palatine’s Buy-Out and Impact funds to embed ESG (environmental, social…
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Character World Sustainability – Making a Step Change
When a global pandemic is disrupting your supply chain and you’re scrambling to get products out and on shelves while ensuring that warehouses and manufacturing plants operate safely, focusing on reducing single-use plastics, cutting water consumption or sourcing responsibly might seem a stretch. But failing to address these things may end up costing money and…
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Palatine win Investor of the Year at the Education Investor Awards 2020
Palatine Private Equity have won the Investor of the Year Award at the Education Investor Awards 2020. Palatine were celebrated for their pioneering approach to backing businesses which have a positive impact on society which has seen it emerge as the investor of choice for UK skills and training businesses seeking to grow their market…
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Palatine backed Acora completes first acquisition since investment
Managed Services IT company Acora has completed its first acquisition following Palatine Private Equity’s investment in the business in April 2020. Acora’s strategy is to augment organic growth by adding strategically- significant acquisitions to bolster capability and scale, Veber Ltd, based in Watford, is the first of a number of acquisitions the business will look to make over…
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Palatine-backed CET Infrastructure acquires CGL in strategic bolt-on deal
CET Infrastructure, the leading provider of specialist geotechnical, environmental and materials testing services to the construction and engineering sector, has continued its buy-and-build growth strategy with the acquisition of Card Geotechnics Limited (CGL). The acquisition of Surrey-based CGL, for an undisclosed sum, is the third bolt-on acquisition since leading mid-market investor Palatine Private Equity took a…
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Beth Houghton named on Real Deals Future 40 Diversity and Inclusion Leaders list
Palatine Private Equity partner & head of impact investing fund, Beth Houghton, has won a spot on Real Deals’ Future 40 Diversity and Inclusion Leaders list. Beth joined Palatine Private Equity in 2007 and became a partner in 2015. Beth has been instrumental in shaping the firm’s award-winning approach to environmental, social and corporate governance (ESG).…
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TTC gains IIP ‘We Invest in People’ accreditation
TTC is delighted to be awarded the Investors in People ‘We Invest in People’ accreditation. Having undergone several months of assessment, information gathering and surveying staff opinions throughout the business, we are pleased to have achieved the ‘We Invest in People’ accreditation. This new accreditation is the latest on TTC’s on-going accreditation through Investors in…
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Palatine’s Impact Fund Invests in Back2Work Group
PALATINE Private Equity has completed the sixth investment from its Impact Fund, with the acquisition of a stake in a fast-growing training company which helps individuals return to employment and develop new skills. Palatine’s returns-focused £100m Impact Fund, which invests in profitable businesses making a positive impact on the environment or society, will now support…
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TTC Group continues to broaden its portfolio of market leading products and services, now reaching more than one million UK drivers every year.
During the COVID-19 pandemic, that has had a devastating impact on people’s lives and businesses throughout the world, TTC Group has continued to adapt and develop new services that will ensure all drivers in the UK remain compliant and safe. TTC Group’s delivery of Police and Court referred courses such as the NDORS National Speed…
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Palatine awarded Responsible Investor of the Year for second consecutive year
We are grateful to have won the ‘Responsible Investor of the year’ award at the Unquote British Private Equity Awards, for two consecutive years! The Unquote judges and the voting public were once again impressed by our consistent achievements in embedding outstanding Environmental, Social and Governance (ESG) practices. Successes praised in particular included; continued improvements…
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TTC Crowned Champion for Excellence in Environment, Social and Governance Practices
Portfolio company TTC Group, won the ‘Portfolio Company Award’ at the BVCA Responsible Investment Awards 2020. This is a consecutive win for a Palatine backed business, with The Alchemist awarded ESG champion last year. TTC were highly praised for their commitment to embedding an ESG strategy evidenced by strong outcomes when addressing key ESG issues.…
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Palatine Strengthens Impact Fund Team
PALATINE, the leading mid-market private equity firm, has appointed Greg Holmes as an investment manager in its Impact Fund team based in Manchester. Palatine’s award-winning Impact Fund was launched in 2017 and invests in profitable businesses making a positive impact on the environment or society. The returns-focused £100m fund, one of the first dedicated to impact investments…
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Tom Wildig named Young Financier of the Year at Insider Young Professionals Awards 2020
Investment Director, Tom Wildig has been named ‘Young Financier of the Year’ at this year’s Insider Young Professionals Awards. Tom was celebrated for the integral part he played in two of the most significant private equity deals in the North West during the submission period, Suntera Global and Vernacare. Tom is an invaluable member of the Palatine…
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Palatine backs growth at NRG Fleet Services
PALATINE Private Equity, the leading mid-market private equity firm, has completed the maiden investment from its fourth buyout fund (Fund IV) with the acquisition of a majority shareholding in NRG Fleet Services Ltd, a fast-growing provider of specialist services to the commercial vehicle sector. Headquartered in Skelmersdale, Lancashire and operating 10 national technical centres, NRG…
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SMP Group rebrands to Suntera Global
The international provider of corporate, fund and private client services formerly known as SMP Group has announced the launch of a new brand identity: Suntera Global. The group’s heritage stretches back forty years, during which time it has grown to over 270 staff across seven jurisdictions. The international team provides corporate, fund and private client…
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Woking IFA acquired by Wren Sterling
Palatine Private Equity backed Wren Sterling has completed a deal with Corimar Holdings Ltd to purchase the assets of Frobisher Capital Ltd, an independent financial advisory business based in Woking. The deal will add around c.£68m of assets to Wren Sterling’s assets under advice. The price is undisclosed. Ian Halley, Wren Sterling’s CEO, said: “Frobisher…
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Suntera Global completes acquisition of RBC Corporate Services Hong Kong Ltd
Following a deal announcement in April, Suntera Global has today confirmed that it has secured regulatory approval from the HK Companies Registry and completed the acquisition of RBC Corporate Services Hong Kong Limited. The deal has been undertaken with the support of Palatine Private Equity LLP, the UK mid-market private equity house that partnered with…
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Palatine join several private equity investors in committing to action against climate change
A group of leading private equity investors have joined forces to create the first international network of Initiative Climat International (iCI). In establishing a UK iCI network, these investors collectively commit to actively engage with private equity-backed companies globally to reduce carbon emissions intensity and secure sustainable investment performance by recognising and incorporating the materiality…
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Palatine appoints new Partner to Impact Fund team
Palatine Private Equity has bolstered its investment team in the South with the appointment of Tristan Craddock as partner in its Impact Team. Tristan will work alongside partners Beth Houghton and Zoe Clements to identify investment opportunities for Palatine’s Impact Fund, whilst also working with the portfolio to help generate sustainable growth. Tristan will also…
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TTC secures Lex Autolease fleet safety contract
The Telford-based company has become a preferred provider to the UK’s largest vehicle leasing company and will potentially be supporting 130 companies to use Continuum, an innovative online driver management solution. This platform has the potential to support the efficient management of more than 50,000 drivers initially, ensuring compliance through licence checking, grey fleet document…
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COVID-19 – Stepping up to the challenge
We would like to take this opportunity to thank our management teams for their resilience, adaptability and the commitment they have shown to their employees during these unprecedented times. Follow the link to see some examples of how our portfolio companies are contributing to the fight against Covid-19. TTC – With their team currently working remotely,…
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Palatine-backed SMP Group makes international acquisition
Global professional and financial services group SMP has announced a deal to acquire RBC Corporate Services Hong Kong, a division of RBC Investor & Treasury Services. The transaction is subject to regulatory approval. The transaction forms a key part of the firm’s global buy and build strategy, marking the third acquisition made by SMP since…
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TTC supports vaccine research for Covid-19
Folding@Home is a project ran for the last 20 years by the Pande Lab at Stanford University. It is a volunteer project which organises thousands of ordinary personal computers to break down big digital simulations of a virus that causes the diseases into millions of bite-size chunks. It aims to understand disease mechanisms (proteins) at…
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Palatine invests in technology provider
Palatine Private Equity has backed Acora, a managed IT services provider, as it looks to expand its service capabilities through a buy-and-build strategy. Acora has traded for more than 25 years, providing a range of IT support and cloud solutions to help mid-market organisations modernise infrastructure and operate in the digital economy. It offers a…
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The Alchemist to open its first venue south of the River Thames at Embassy Gardens
This spring, creative cocktail bar and restaurant concept, The Alchemist, will be opening on Tuesday 24 March at the riverside neighbourhood Embassy Gardens in Nine Elms. Off the back of a hugely successful launch over in Canary Wharf at the end of 2019, which saw the group sell over 5,000 cocktails in its first five…
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TTC Group completes Licence Bureau acquisition
The strategic acquisition sees TTC Group broaden its corporate fleet customer base and further strengthen its compliance capability within its proprietary technology platform, Continuum. Founded in 2003, Licence Bureau provides licence checking and document verification services for SMEs and large corporates. The company has one of the UK’s largest corporate fleet client bases, with more…
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CET wins Best Employee Engagement Initiative
The CET Group has won the award for Best Employee Engagement Initiative at the LV GI Claims Partner Awards, based on its investment in Mental Health Awareness over the last 12 months. The award was announced at a ceremony on Thursday 5th March. CET won the award for its investment in its #LetsTalk campaign, which promotes mental…
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Palatine announces six director promotions
Palatine Private Equity has made six promotions across its UK business reflecting a successful business and portfolio performance over the past 12 months with a strong pipeline to pursue this year. The new Senior Investment Directors include James Gregson, Kieran Lawton and James Winterbottom. James Gregson joined Palatine in 2017 to assist Partners Beth Houghton…
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Wren Sterling now offers impact investing option for clients
Wren Sterling has launched an impact investing option for its clients, allowing them to invest in a range of funds designed to generate positive, measurable social and environmental impact, alongside financial return. The growth of impact investing, ESG (environmental, social and governance), SRI (socially responsible investments) and green investing has coincided with a greater awareness…
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icelolly.com named Travel Website of the Year at Northern Dev Awards
icelolly.com has been named Travel Website of the Year at the inaugural Northern Dev Awards, which celebrate the work, companies, agencies and individuals who are delivering exceptional, effective and innovative website excellence in the region. The Awards were held at a glamorous Gala ceremony at Manchester Hall yesterday (25 February). Welcoming the North’s very best…
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Palatine sells Vernacare to H.I.G Capital
Palatine Private Equity has completed the exit of Vernacare Limited, the North-West based healthcare products specialist. Established in 1964, Vernacare is a leading international healthcare products manufacturer, with infection-prevention as its core focus. It has pioneered single-use toileting systems globally, offering patients hygienic and dignified care and provides healthcare institutions with efficient, cost effective and…
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Veincentre targets UK rollout with new seven-figure refinance
Veincentre, the UK’s leading provider of treatment for varicose veins, is looking to expand its number of clinics across the UK this year having secured a seven-figure refinance from Santander following investment from Palatine Private Equity in 2019. Veincentre uses Endovenous Laser Ablation (EVLA), a non-invasive, non-surgical treatment for varicose veins. The benefits of this…
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Verdant Leisure continues investment drive with the acquisition of tenth leisure park
Verdant Leisure has today, 24 January 2020, announced the acquisition of its tenth leisure park. Erigmore Estate in Perthshire is the second holiday park purchase in the last 18 months for the bespoke leisure park operator. The purchase brings Verdant Leisure’s portfolio to ten parks across Scotland and North East England, and marks the sixth…
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icelolly.com announce senior management appointments
Simon Lloyd has been appointed as icelolly.com’s new Chief Marketing Officer and will start his new role on 6th January 2020. Simon has previously held a number of executive roles with leading British brands including AXA, Superdry, BBC and Virgin Atlantic where he was the Chief Marketing Officer. Reporting directly to icelolly.com CEO Richard Singer, Simon will be responsible…
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icelolly.com named ‘UK’s Best Travel Comparison Website’ at prestigious British Travel Awards
The announcement was made on 27 November at a glamorous Gala Awards ceremony, held in London and attended by nearly a thousand travel industry people. In addition to winning the Gold Award in the Best Travel Comparison Website category, icelolly.com – which was named the UK’s largest website comparing holiday packages and deals by leading competitive intelligence and research…
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Palatine holds one day Sales Forum
An integral part of Palatine’s value creation approach is facilitating opportunities for our portfolio companies to form connections and share knowledge, experiences and ideas with their peers. With this in mind, we brought together sales professionals from our portfolio for a one-day Sales Forum in Manchester. With speakers from Sales Blueprint, JMAN Group, AXIX, Pareto…
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icelolly.com named Travel Brand of the Year at Travolution Awards
Leeds-based icelolly.com triumphs at the industry’s leading awards for innovation and excellence in travel focussing on brands in online, digital and tech. icelolly.com, the UK’s leading holiday comparison and deals website based on Park Row in Leeds City Centre, was named Travolution’s Travel Brand of the Year and recognised as Best Metasearch at a glittering awards ceremony held on Thursday 14…
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EPI establish Indian entity
A ‘Project Office’ has been set-up to support significant work being done to develop a large number of new blocks recently leased for exploration. The work, which is expected to continue for two to three years, sees EPI providing expertise, skills and knowledge in support of a wide range of 2D and 3D seismic exploration…
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CET Infrastructure achieves FORS Silver accreditation
CET Infrastructure has qualified for Silver accreditation from the Fleet Operator Recognition Scheme (FORS), thanks to its commitment to training, health and safety awareness and environmental impact initiatives. Over the last three months, CET Infrastructure has put in place a number of initiatives to achieve the award, including: Training for Technicians and Drivers on planning…
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Verdant Leisure receives highest accreditation from Best Companies
Bespoke holiday park operator, Verdant Leisure, is delighted to announce it has been awarded 3 Stars by Best Companies. The 3 Star accreditation is the highest position of recognition that a company can achieve with Best Companies demonstrating extraordinary levels of workplace engagement and confirms that the company genuinely values its people. Since January 2019,…
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The Alchemist Awarded ESG Champion 2019
The BVCA Responsible Investment Awards are Europe’s only awards that recognise and celebrate outstanding ESG practices within private equity and venture capital. Beating off strong competition from private equity backed businesses across the UK, the judges praised The Alchemist’s commercial rationale behind pursuing ESG commitments showing “clear year-on-year improvement”. At the time of investment in…
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Over £12,400 raised at charity events in London and Birmingham
We recently held charity darts tournaments in London and Birmingham raising over £12,400. The London event was in support of the New Horizon Youth Centre, a charity initiative that provides help and support for London’s homeless and vulnerable young people. The Birmingham event was in support of St Giles Hospice, a hospice dedicated to providing…
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Palatine named Responsible Investor of the Year 2019
As pioneers within mid-market private equity for embedding environmental, social and governance (ESG) management into our investment life-cycle, we are delighted to receive further industry recognition for our outstanding commitment to investing and managing investments sustainably. For over a decade Palatine has been committed to making profitable growth alongside responsible growth. Integrating ESG best practices…
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Trade Skills 4U reaps rewards following Palatine investment
Established in 2005 and originally based in Gatwick and Warrington, Trade Skills 4U was founded by Carl Bennett who identified a gap in the market to provide specialist training to post-college age candidates who wish to refresh or retrain in electrical trade skills and to help bridge the skills gap in the industry. The company…
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icelolly.com holiday searches ‘substantially up’ following Thomas Cook collapse
icelolly.com saw a substantial spike in searches on its deals and holiday comparison platform as holidaymakers looked to book a holiday or amend their travel plans after Thomas Cook ceased trading on Monday. The deals and holiday comparison site, which offers experiences supplied by a range of travel companies, operates a pay-per-click and call-referral model…
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Verdant Leisure completes refinancing to drive buy and build strategy
Verdant Leisure operates nine holiday parks based in Southern Scotland and North East England with 3,000 pitches, comprising of privately owned lodges and holiday homes, holiday lettings and touring facilities. Since Palatine led a secondary buy-out in April 2016, the company has acquired five holiday parks and has significantly increased its hire fleet to take…
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Vernacare refinancing paves the way for further growth
The deal sees the repayment of existing debt facilities provided by Tosca Debt Capital and allows Palatine to return significant sums to its investors. The new facilities were provided by Pemberton with HSBC continuing to provide a working capital facilities and day to day banking. Headquartered in Chorley and with manufacturing facilities in Bolton, Vernacare…
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Hustler named Emerging Dealmaker of the Year
Earlier this year Tom received commendation under the ‘Young Dealmaker of the Year’ category at the East Midlands Dealmakers and has now been awarded ‘Emerging Dealmaker of the Year’ at the Midlands Dealmakers. Tom was described at a ‘key part’ of Palatines success in the midlands and completed one new deal and two acquisitions in…
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SMP Group completes acquisition of Helm Trust Company
The deal, originally announced in July, has been approved by the Jersey Financial Services Commission. Helm has now begun trading as SMP Helm Trust Company Limited (SMP Helm), as part of a staged integration process that will see SMP’s existing Jersey office merge with the acquired business. Lewis Buckley, who has been a Director of…
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CET UK secures second bolt-on in six months
CET UK has completed the acquisition of the Esseltest Ltd, a construction materials testing specialist based in the Midlands, with the support of Palatine Private Equity. Esseltest provides comprehensive testing services to construction and on-site investigation projects. The firm is also able to offer same-day results for a multitude of tests, providing highly professional and…
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Palatine-backed Lucion Services acquires Askams
Lucion is a multidisciplinary risk management group focused on hazardous materials, with a market-leading presence in the compliance market. Headquartered in Gateshead and operating nationally, the group works with its clients to achieve full compliance with UK occupational safety and environmental regulations. Founded in 2006 by Stewart McNicholl, Askams has grown to provide national clients…
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Veincentre secures investment from Palatine Impact Fund
Manchester-based Palatine Private Equity has completed a significant investment into Veincentre, the UK’s leading clinic specialising in state-of-the-art treatment for varicose veins. The deal marks the fourth investment from Palatine’s £100m Impact Fund which targets companies with a social and/or environmental impact, alongside industry-standard returns. Neil Mitchell, Partner, at Manchester Corporate Finance house, Rickitt Mitchell…
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Trade Skills 4U open new training centre in Coventry
Electrical training provider Trade Skills 4U today announced the opening of their new training centre at Westwood Business Park in Coventry. The company, established in 2005 has been training electricians from across the country for over 14 years, firstly in Gatwick and more recently in Leeds and Warrington. Opening a state-of-the-art centre in the Midlands, just west…
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Estio doubles turnover following Palatine investment
Estio Training has doubled turnover and headcount since receiving investment from Palatine Private Equity in September 2018. Since the deal, which was the third from Palatine’s £100m Impact Fund, Estio has become a nationwide apprentice provider, growing the number of learners on their training programmes from 800 to nearly 1,300. Headcount has increased to more…
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Middleton Katz joins SMP Group
Isle of Man-based corporate services provider Middleton Katz has today announced a deal to join the SMP Group, a global professional and financial services group. The transaction has been approved by the Isle of Man Financial Services Authority. Middleton Katz is a well-respected service provider on the Isle of Man, delivering corporate, tax, and accounting…
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Wren Sterling acquisition takes total assets under advice to £3.3bn
Wren Sterling has announced the acquisition of T D Armstrong Financial Planning Limited (T D Armstrong), a Dunfermline-based independent financial planning business. The deal will secure around £116m of assets under advice, taking Wren Sterling’s total assets under advice to £3.3bn. Wren Sterling has over 100 advisers based in eight regional offices across the UK.…
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SMP Group secures major Jersey acquisition
SMP Group, a global professional and financial services group headquartered in the Isle of Man has today announced a deal to acquire Helm Trust Company Limited, a highly regarded trust and corporate services provider based in Jersey. The transaction is subject to regulatory approval. Helm has been delivering independent trust and company administration services for…
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Beth Houghton named Changemaker of the Year
Beth Houghton has been named winner of the inaugural ‘Changemaker of the Year award’, at The North West Rainmaker Awards 2019. Now in its fourth year, the Rainmakers Awards are different because the winners are voted on by the corporate finance community in a one firm, one vote system. This year an extra category has…
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Palatine completes MBO of SMP Group
Palatine Private Equity has completed the management buyout of SMP Group, following the receipt of regulatory approval Established in 2007, SMP Group has grown into a leading international provider of fund administration and corporate and trust services. Headquartered in the Isle of Man, the company now employs over 200 people across seven global offices, which…
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Palatine supports Manchester Access Programme Scholarships
Palatine Private Equity has pledged to support the Manchester Access Programme Scholarships (MAP). The scholarship programme, headed by the University of Manchester, is targeted at students in Greater Manchester who come from backgrounds underrepresented in higher education. The programme works with local schools and colleges to identify talented pupils aged 16+ who would otherwise be…
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TTC Group acquires Business Driver Fleet Risk Management
TTC Group, a leading provider of driver and cycling education in the UK, has strengthened its position by acquiring Business Driver for an undisclosed sum. Based in Richmond, West London, Business Driver is an existing competitor of TTC within the UK driver training market, offering a range of services to companies aiming to reduce fleet…
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Palatine scoops two awards at the Insider East Midlands Dealmakers 2019
Richard Thomas was crowned ‘Dealmaker of the Year’ for the second time following a great year in the region for Palatine. In the last twelve months Thomas has been integral to a number deals, including the successful exit of Westleigh Partnerships and Palatine’s investment in CET. Tom Hustler also received high commendation under the ‘Young…
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TIC in the box for Palatine
Palatine Private Equity has supported the management buyout of technology-driven testing, inspection and certification (TIC) business Lucion Services. Founded in 2003, Lucion is a multidisciplinary risk management group focused on hazardous materials, with a market-leading presence in the asbestos compliance market. Headquartered in Gateshead but with offices across the UK, the group works in close…
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Palatine PE targets £100m investment in the Midlands
Palatine Private Equity is targeting the £100m investment mark in Midlands businesses, having pumped £55m into the region over the last three years. The firm opened its Midlands office in December 2015, and has since moved to a new office in Somerset House on Temple Street. Palatine’s Midlands team has made four investments and an…
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Painter named Young Financier of the Year at the North West Insider Young Professionals Awards
James Painter has been named Young Financier of the Year, at the North West Insider Young Professionals Awards. In the qualifying period alone, James has completed one new deal, two bolt-on acquisitions and Palatine’s largest ever exit. The successful exit of Westleigh Partnerships achieved over a 3x return and 96% IRR within less than two…
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Palatine holds ‘Powering Growth Through Digital’ one day workshop
An integral part of Palatine’s value creation approach is facilitating opportunities for our portfolio companies to connect with each other, share knowledge, ideas and lessons learned from a wide breadth of expertise. With this in mind, we brought together marketing professionals from our portfolio for a one-day digital workshop held at Google Garage in Manchester.…
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Cyberfort Group acquires defensive cyber specialist Auriga Consulting
The Cyberfort Group has strengthened its end-to-end data security proposition with the acquisition of Auriga Consulting for an undisclosed sum. As a centre of excellence in cyber security, assurance and monitoring services, Auriga offers bespoke solutions in risk and compliance management, cyber design and implementation and cyber monitoring and intelligence. With a track record of…
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The Alchemist launches augmented reality cocktail menu
Premium bar and restaurant operator, The Alchemist, has conjured up a unique experience for customers by launching its first augmented reality cocktail menu and app. The Alchemist – founded in 2010 and currently operating 14 sites across the UK including venues in London, Manchester, Birmingham, Leeds and Cardiff – has collaborated with William Grant, Vapour and…
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Verdant Leisure named 14th best company to work for in Scotland
Portfolio company, Verdant Leisure, have been named 14th in the Best Companies’ top 50 companies to work for in Scotland. Portfolio company, Verdant Leisure, have been named 14th in the Best Companies’ top 50 companies to work for in Scotland. Verdant Leisure operate across the North East of England and Scotland, providing self-catering lodge and caravan holidays, and…
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James Painter nominated for Young Financier of the Year award
Investment Manager, James Painter, has been nominated for Young Financier of the Year, at the Insider Media North West Young Professional Awards 2019. James joined Palatine in February 2016 from KPMG Corporate finance and has been involved in several transactions at Palatine including the buyout of holiday park operator Verdant Leisure, the firm’s investment in…
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Beth Houghton speaks at ClearlySo Impact Investment Funds Conference
Partner, Beth Houghton, recently appeared as a guest panellist for ClearlySo at their first ever UK Impact Investment Funds Conference. The Conference brought together a wide spectrum of professionals working within the investment industry and sparked an insightful discussion and debate around impact investment funds. Beth heads up Palatine’s maiden Impact Fund, which targets companies…
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Palatine completes MBO of SMP Group
Palatine Private Equity has completed an MBO with SMP Group, the corporate, trust and professional services provider. The MBO, which is subject to regulatory approval, comes as part of a planned leadership succession process at the Isle of Man headquartered business, which will see the appointment of a new group CEO, David Hudson. Created in…
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Palatine accelerates CET growth plan with bolt-on acquisition
Midlands-based CET UK has completed the acquisition of the business and assets of Enverity Ltd, a geotechnical and construction materials testing specialist, with the support of Palatine Private Equity. The acquisition comes just three months after Palatine took a majority stake in CET in November 2018, with the intention of broadening its service capability and…
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Palatine bolsters its Business Development Team
Palatine Private Equity has boosted headcount in its Manchester office with the appointment of David Chapman as Business Development Manager. David has over 10 years’ experience in business development, with five of those working in the legal sector. He joins from Shoosmiths, where he held the position of Bid and New Business Manager for almost…
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Balanceability chosen to get schools cycling
Balanceability chosen to get schools cycling as part of Whitehill and Bordon’s Healthy New Town pledge A specialist cycle training scheme has been chosen to play a key role in Whitehill and Bordon’s bid to be a Healthy New Town. Balanceability, a part of TTC Cycling, has signed a deal with East Hampshire District Council…
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Palatine announces raft of senior promotions
Palatine Private Equity has made four promotions across its UK business following one of the firm’s most successful and active years. Within its Manchester office, Charlotte Ashton has been promoted to Senior Business Development Director, whilst Tom Wildig will take the role of Investment Director. In 2014, Charlotte joined Palatine from a national food sector…
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Major contract extensions secured by driver education specialist
A driver education specialist, which has its HQ in Telford, has secured two major contract extensions to help continue to make roads in Cumbria and Northern Ireland safer. TTC Group, which supports 400,000 motorists every year, continue to support Cumbrian motorists with various courses such as speed awareness and safe and considerate driving, as well…
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CET set for expansion following investment from Palatine Private Equity
Palatine Private Equity has completed the secondary buyout of CET UK, a specialist provider of infrastructure and property assurance services. Palatine has taken a majority stake in the company, which employs over 470 staff and was established in 1989 in Castle Donington. The deal was supported by debt and working capital facilities from Clydesdale and…
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Palatine partners with the Tackle4MCR Fund
Palatine Private Equity has partnered up with Tackle4MCR, the newly established charity initiative addressing rough sleeping in Manchester. The charity, which is spearheaded by Manchester City Football Club captain Vincent Kompany and the Greater Manchester Mayor Andy Burnham, is a first-of-its-kind fundraising vehicle dedicated to the Greater Manchester Mayor’s Homelessness Fund. Tackle4MCR is hosting three…
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Verdant leisure continues investment drive with the acquisition of ninth leisure park
Verdant Leisure has today, 19 October 2018, announced the acquisition of its ninth leisure park. Queensberry Bay Holiday Park & Spa, on the Dumfries and Galloway coastline in south west Scotland is the fifth holiday park purchase in the last 28 months for the bespoke leisure park operator. The purchase brings Verdant Leisure’s portfolio to nine…
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Palatine exits Liverpool investment after completing French deal
Palatine Private Equity has exited its investment in the telecoms arm of Liverpool-headquartered MJ Quinn following a sale to a French-headquartered counterpart. MJ Quinn specialises in the provision of a variety of telecoms services, including access network, fibre roll-out for businesses and households, and the provision of energy efficient cooling products. Palatine initially backed the…
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Palatine Private Equity raises over £6000 for mentoring charity, Reach Out, at annual darts event
On the 27th September 2018, Palatine Private Equity organised its third annual corporate charity event night in support to Reach Out, a mentoring charity working with children aged 9-18yrs from disadvantaged backgrounds in London and Manchester. Thanks to the generosity of all the 24 teams who took part in the event, we managed to raise £6,455…
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Palatine crowned Small Buyout House of the Year
Palatine Private Equity took home the award for Small Buyout House of the Year at the Unquote British Private Equity Awards earlier this week. The win comes on the back of an active 12 months, which saw the firm launch its £100m Impact Fund, complete five new deals and successfully exit two business, generating market…
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Private Equity Backing For Apprenticeships Provider
A Leeds-based provider of IT, digital and technology apprenticeships, which also operates in Manchester and London, is targeting expansion into Birmingham after securing investment from Palatine Private Equity. Estio Training offers ten different apprenticeship programmes, including data analyst, infrastructure technician and software developer roles. It currently has more than 750 apprentices on programme across its…
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Thomas Crowned Midlands Dealmaker Of The Year
Palatine Private Equity’s Richard Thomas took home the coveted Dealmaker of the Year accolade from the 2018 Midlands Dealmakers Award marking a great year in the region for Palatine. Thomas has been the driving force behind Palatine’s run of deals, which includes investing in and divesting from Westleigh and the acquisition of TTC and E-Days.…
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Back to the shop floor for Gusto HQ
On Thursday the 23rd of August the entire head office support team at Gusto Italian headed back to the shop floor for their inaugural Make A Difference day. All 18 members, including the full leadership team, took up roles in the kitchen, host, bar, and front of house, working alongside the restaurant team for a…
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Trade Skills 4U Group Launches New Electrical Training For Business Division
This summer the Trade Skills 4U group, the UK’s No. 1 electrical training specialist, launches its new corporate division, Trade Skills Business, offering electrical training programmes for business. This new division will focus on delivering quality practical and theoretical electrical training solutions to commercial businesses wanting a more bespoke service tailored to their individual needs. Trade…
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Trade Skills 4U open four new electrical training facilities
Trade Skills 4U, the UK’s premier electrical training company is excited to announce the opening of four brand new facilities based at Durham CCC, Cardiff, Hatfield and Coventry. Established in 2005 Trade Skills 4U have been training electricians across the country at its Gatwick, London, Warrington and more recently Leeds centre. Due to high demand…
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London, The Alchemist is calling
Premium bar and restaurant, The Alchemist has secured two new central London locations, adding to its ever-growing presence across the UK. The openings follow the success of its current Bevis Marks venue, and will see the operator bring its renowned trademark of theatre and immersive experiences to the heart of Shoreditch and Covent Garden. The first of the two venues…
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Cyberfort Group acquires cyber security consultancy Agenci
The Cyberfort Group has bolstered its ranks with the acquisition of cyber security consultancy Agenci for an undisclosed sum. The transaction adds a third business to the Cyberfort Group, with Agenci joining ultra-secure hosting and managed services provider The Bunker, and cyber security testing business Arcturus. Agenci is a consultancy that specialises in IT security, particularly ISO 27001 and GDPR.…
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All OnSide for Palatine’s Charity Golf Event
Now in its sixth year, Palatine Private Equity’s annual corporate charity event took a new turn this year, teeing off at Junkyard Golf in Manchester. On Wednesday 23rd May 2018, teams from 25 businesses including; Forrest, KPMG and Deloitte to name a few, went head to head to see who would take home the trophy.…
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Victory for e-days at the Nottingham Post Business Awards 2018
On Tuesday 29th May 2018 a team of 5 from e-days Absence Management attended the Nottingham Post Business Awards 2018 having been nominated for two awards, the ‘SME of the Year’ and the ‘Sales & Marketing Team of the Year’. We were delighted to come away from the evening in possession of both awards, marking…
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ZYROFISHER acquires Royal Velo France (RVF) to accelerate expansion strategy
ZYROFISHER, formed in 2016 through the combination of cycling parts and accessories distributors Zyro and Fisher Outdoor Leisure has headquarters in Darlington in the north of England and represents over 50 market leading brands including Giro, SRAM and Tacx as well as its proprietary clothing, luggage and accessories brand, Altura. RVF, based in Troyes, is…
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TTC aims to make more Yorkshire roads safer after trio of contract wins
TTC Group has secured a trio of contracts to deliver driver education courses across Yorkshire it has been announced today. The company, which educates more than 350,000 motorists every year, will continue to run its suite of courses in North and South Yorkshire and, for the first time, will now take on responsibility for the…
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Palatine achieves over 3x return and 96% IRR on Westleigh exit
Palatine Private Equity has completed the successful sale of Westleigh to Countryside Properties Plc, achieving over a 3x return and 96% IRR within less than two years of making the original investment. Westleigh is the largest independent housebuilder in the Midlands that focuses on the delivery of affordable homes to Registered Providers (RPs). Palatine originally…
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Palatine exits WHP in tertiary buyout to Equistone
Palatine Private Equity has completed the exit of WHP in a tertiary management buyout to Equistone Partners Europe. WHP is the leading provider of end-to-end services for the planning, design, acquisition, deployment, upgrade and maintenance of mobile network masts, antennae and base stations for all major UK mobile operators. Employing over 440 people and headquartered…
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Gusto appoints new Managing Director
Gusto Restaurants has appointed Matt Snell as its new Managing Director. Matt recently joined the group as Commercial Director and will take over the reins from current MD Sue Crimes in April. Sue will move into a Non-Executive board position as part of a planned succession process. Gusto’s Chairman, Jeremy Roberts, commented: “Matt brings a…
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Verdant Leisure continues investment drive with the acquisition of eighth leisure park
Verdant Leisure has today, 2 February 2018, announced the acquisition of its eighth leisure park. Scoutscroft Holiday Centre in the Scottish Borders is the fourth holiday park purchase in the last 18 months for the bespoke leisure park operator. Scoutscroft is just one mile from Coldingham Bay Leisure Park, the site Verdant Leisure purchased in…
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John Charcol launches new interactive mortgage comparison tool
John Charcol, the UK’s original independent mortgage experts have announced the integration of Twenty7Tec’s mortgage sourcing software into their online mortgage comparison tables. The integration with Twenty7Tec provides a comprehensive, consumer facing library that is updated daily with the best deals available across the residential purchase, remortgage and buy to let markets. Clients can use…
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The Alchemist kicks off the new year with a £16m investment from Santander
Premium bar and restaurant, The Alchemist, has secured an additional £16 million finance package from existing debt funders, Santander, to support its continued growth plans across the UK. The new capital from Santander will be invested into the continued innovation of the brand, rejuvenating existing sites and the acquisition of new locations. The Alchemist recently…
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Palatine backs Zyrofisher in expansion plan
Palatine Private Equity has invested in ZyroFisher, the leading cycling parts and accessories distributor, alongside mid-market private equity investor LDC as both firms provide the financial firepower to support the business’s continued expansion strategy. ZyroFisher was originally formed in April 2016, through the management buyout of Zyro and the simultaneous acquisition of Fisher Outdoor Leisure.…
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Vernacare acquires Synergy Healthcare Consumable Solutions
Vernacare has acquired Synergy Health Healthcare Consumable Solutions (HCS) from STERIS plc for an undisclosed sum. The two businesses will come together under the Vernacare brand. Vernacare is the UK’s market-leading provider of single-use infection prevention systems to the healthcare sector, and employs 180 staff across the UK and overseas. Its products are sold to…
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Happy e-days following Palatine Impact investment
Palatine Impact has completed a significant investment into e-days, the rapidly growing provider of employee absentee management software. This is the second deal from Palatine Private Equity’s Impact Fund, a £100m investment vehicle targeting growth companies that also deliver a positive social and/or environmental impact. It also marks the third successful deal completion in the…
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Palatine makes first Impact investment in Trade Skills 4U
Palatine Private Equity has invested in Trade Skills 4U, a market leader in electrical training courses in the UK. This marks the first deal from Palatine’s Impact Fund, an investment vehicle targeting profitable growth companies that can deliver a private equity return, and a positive social or environmental impact. Established in 2005, the Gatwick and…
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Palatine completes investment in Ultra Secure IT hosting business, The Bunker
Palatine Private Equity has invested in The Bunker, one of the UK’s leading providers of ultra-secure managed IT services to mid-market UK companies. The transaction sees Palatine back the current management team, led by Phil Bindley with Andy Hague joining the business as Group CEO. The deal is the fifth deal out of Palatine’s third…
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Palatine completes TTC investment
Palatine Private Equity has invested in TTC Group, a leading provider of road user and cycling education courses in the UK. The transaction was introduced by EY Corporate Finance in Birmingham who advised the shareholders. The deal sees Palatine back current MD, Jim Kirkwood and his team, and is the second investment from Palatine’s Midlands…
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Palatine secures successful exit on sale of Chase Templeton
Palatine Private Equity has completed the successful sale of Chase Templeton to Nevada Investments following a period of extraordinary growth for the private medical insurance provider. The private equity firm initially backed the Blackburn-based business in 2013 and has supported the management team through a successful buy and build strategy. It was the first investment…
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Leicestershire housebuilder scoops bronze at Considerate Constructors Scheme awards
Leicestershire-based housing developer Westleigh is celebrating after picking up bronze awards at the Considerate Constructors Scheme (CCS)’s National Site Awards, for the exceptional standards reached at two of its sites in the county. Westleigh’s affordable housing developments at Saffron Acres in Leicester and Derby Road in Loughborough were recognised as part of the annual awards,…
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icelolly.com claims top management award
Leeds-based holiday price comparison website icelolly.com has been recognised by leading private equity and venture capital organisation BVCA, winning the regional business transformation management team award for Yorkshire and the North East. This follows a period of year-on-year growth for the business, which achieved a 23% EBITDA increase in 2016 versus the previous year. This…
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icelolly.com claims top management award
Leeds-based holiday price comparison website icelolly.com has been recognised by leading private equity and venture capital organisation BVCA, winning the regional business transformation management team award for Yorkshire and the North East. This follows a period of year-on-year growth for the business, which achieved a 23% EBITDA increase in 2016 versus the previous year. This…
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Gusto feasts on £9m to accelerate nationwide roll out
Private equity backed Gusto Restaurants Limited has secured an additional £9m funding package from Santander to support its growth plans and target new sites across the UK. Gusto is a fast growing restaurant brand that was formed by Living Ventures in 2005 and backed by Palatine Private Equity in a management buyout in 2014. Gusto…
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Pokémon selling fast at Character World
LEADING LICENSING BUSINESS, Character World is readying itself for a surge in sales of Pokémon textiles as the Pokémon Company continues to push new content across multiple platforms in 2017. The Pokémon Company is kicking activity off with a number of new launches to celebrate Pokémon Day on February 27. The day has been given…
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Verdant Leisure continues investment drive with the acquisition of seventh leisure park
Palatine Private Equity backed holiday park group, Verdant Leisure has announced the acquisition of its seventh leisure park. Crosslaw Caravan Park in the Scottish Borders is the third holiday park purchase in the last nine months for the bespoke leisure park operator. The park will be renamed Coldingham Bay Leisure Park with immediate effect and…
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Wren Sterling signs agreement with Tipton & Coseley Building Society
Palatine Private Equity portfolio company Wren Sterling has signed a deal with Tipton & Coseley Building Society enabling members to now have access to independent financial advice. Former Tipton & Coseley Financial Services adviser, Paul Grew, has moved across to Wren Sterling and will continue to look after all existing and new Tipton & Coseley…
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Royal Bolton Hospital selects Vernacare infection prevention technology
Palatine Private Equity portfolio company Vernacare has been selected by Bolton NHS Foundation Trust to provide their infection prevention technology which ensures effective, hygienic disposal of single-use toileting and washing products. Vernacare’s fibre moulded bedpans, urinals, wash bowls and other products are already used across Royal Bolton Hospital. Now, ageing disposal machines have been replaced…
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Palatine’s EPI acquires PDF
Palatine Private Equity backed EPI Group has acquired PDF Limited, a leading Oil and Gas geoscience consultancy, allowing the business to broaden its scope for supporting clients’ exploration and development programmes. Established in 1987, Surrey-based EPI is a global leader in exploration services to the oil and gas industry, with offices in the US, Australia,…
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Acquisition moves Wren Sterling’s assets under management above £2bn
Palatine Private Equity portfolio company Wren Sterling has completed the transfer of approximately 17,000 policies from First Trust Financial Services Limited (“FTFS”) and seen assets under management (AUM) swell to over £2bn for the first time. FTFS, a subsidiary of AIB Group (UK) plc (“the Bank”), operated in Northern Ireland offering advice in all aspects…
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Vernacare announces five-year Indian trade deal
Palatine Private Equity portfolio company Vernacare has agreed a five-year supply deal with Manipal, one of Asia’s largest healthcare management groups, which will create 30 new jobs. Vernacare expects sales in India to exceed £11m over the next three years and is exploring the creation of an Indian manufacturing base to underpin growth. Manipal Healthcare…
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John Charcol signs deal with Coldwell Banker
Palatine Private Equity portfolio company John Charcol has announced an exclusive agreement with Coldwell Banker, one of the world’s oldest and largest residential real estate brands. Under the terms of the deal John Charcol will act as the preferred supplier of mortgage advice to clients of the recently launched UK arm of Coldwell Banker. As…
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Chase Templeton wins international private medical insurance award
Palatine Private Equity portfolio company Chase Templeton, the leading private medical insurance (PMI) specialist has been named as the UK’s Best Group International PMI Intermediary. The Darwen, Lancashire headquartered business was awarded the title by an independent panel of industry experts at the prestigious Health Insurance Awards 2016. It was also shortlisted in the Best…
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Disney and Marvel take over Leeds Children’s Heart Surgery ward
Two companies backed by Palatine Private Equity have joined forces to help transform the children’s heart surgery ward at Leeds General Infirmary. Leading holiday price comparison site, icelolly.com, has teamed up with licenced bedding specialist, Character World, to provide 60 sets of bedding to the children’s ward at the Yorkshire-based hospital. Character World makes bedding,…
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Tim Bacon
We at Palatine would like to add to the many tributes already made in respect of the recent sad passing of Tim Bacon. Tim was Chairman of both Gusto and The Alchemist and was a massive part of the success and development of both these businesses. His impact on the restaurant and bar scene in…
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Revenues jump 10 percent at icelolly.com
A focus on putting the customer at the heart of its business and driving marketing initiatives has seen revenues jump 10 per cent at holiday price comparison website icelolly.com Leeds-based icelolly.com, which employs almost 50 people and celebrated its 10th anniversary last year, saw revenues jump from £2.7m in the first three months of 2015…
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Palatine exits Selection in £35m deal
Palatine Private Equity has sold IT services business Selection for £34.8m to AIM listed Castle Street Investment (CSI). Selection provides fully outsourced IT solutions to over 500 organisations across the public and private sector. Clients include David Lloyd Leisure, Day Lewis Pharmacy, KPMG, Nuffield Health and Bibby Financial Services. Palatine backed a £15m management buyout…
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John Charcol expands capability with acquisition of Simply Finance Group
Palatine Private Equity portfolio company John Charcol has completed the acquisition of multiple award-winning business Simply Finance Group based in Southampton. The deal adds significant strength and depth to John Charcol’s existing mortgage advisory business, as well as adding a new secured loan capability, Simply Loans, to meet the growing market of customers seeking a…
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Selection achieves ‘feel good first’ by doing G-Cloud7 suppliers
Palatine Private Equity portfolio company Selection has achieved its first government contracting framework with the Crown Commercial Service, and will now bid for public sector contracts across the UK. Any government department or associated organisation seeking people and technology for digital projects can now call on the services of Selection, an expert in private sector…
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Healthcare buyout marks Palatine’s first Fund III deal
Palatine Private Equity has completed the management buyout of Vernacare, the UK’s market leading provider of single use infection control systems to the healthcare sector. This is Palatine’s first deal from the £220m Fund III which closed in June this year. Based in Bolton, Vernacare employs over 200 staff across the UK and North America and…
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Palatine hits the jackpot with Playnation exit
Palatine Private Equity has exited Playnation, a leading UK supplier of amusement and entertainment machines, selling its stake to the NOVOMATIC Group, one of the largest integrated conglomerates of the international gaming industry.
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WHP acquires Paragon Telecoms
Palatine Private Equity portfolio company WHP Group has acquired Paragon Telecoms as the company looks to increase market share and broaden its offering in the fast moving telecoms industry. Founded in 1988, Warrington-based WHP employs over 300 staff and is the longest established provider of professional and network support services to the UK wireless telecoms…
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Electranet Exit
Capita has announced the acquisition of Electranet, a leading supplier for the design, delivery and support of highly secure network and communication infrastructure in the UK, for a cash consideration of £37m on a cash-free, debt-free basis. The deal provides an exit for Palatine Private Equity who backed the business in a management buyout in…
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Palatine hits treble on Wealth at Work exit
Palatine Private Equity has exited its investment in financial services company Wealth at Work via a £50m management buyout backed by Equistone Partners Europe. Palatine, which backed the company in 2011, has achieved a 3.5x return on investment and will co-invest for a minority stake alongside Equistone and the management team, which continues to be…
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Playnation gets the show on the road with MOTO contract extension
Playnation, a leading UK supplier in the family entertainment machines sector, has been awarded a contract extension with MOTO, following a successful seven year partnership. The contract renewal will allow Playnation to continue to supply MOTO, the UK’s largest provider of motorway service areas, with a wide range of amusement machines for the next five…