Leisure Pass Group
Diversity Travel
Investment Summary
Date of investment: September 2023
Deal status: In Portfolio
Sector: Services
Diversity Travel
Diversity Travel is an international travel management company servicing the humanitarian, academic and not-for-profit communities. The company has a comprehensive suite of technology-led services providing specialist content, enabling clients to reduce travel spend, increase traveller policy compliance and fulfil their duty of care obligations. The business also uses its deep experience of academic travel to provide educational tours for school, college and university student groups under the Diversity Study Trips brand.
Foster & Freeman
Investment Summary
Date of investment: August 2019
Deal status: In Portfolio
Sector: Technology
Foster & Freeman
F+F is the world’s leading manufacturer of high-technology forensic equipment.
ASL Group
Investment Summary
Date of investment: June 2019
Deal status: In Portfolio
Sector: Technology
ASL Group
ASL is one of the largest providers of critical workplace technology solutions in the UK, serving over 7,500 customers and servicing a fleet of c.20,000 multi-functional devices.
VJT
Investment Summary
Date of investment: June 2018
Deal status: In Portfolio
Sector: Services
VJT
VJ Technology (“VJT”) is a leading distributor of technical fixings, fasteners, consumables and related tools to the UK construction industry.
Metamark
Investment Summary
Date of investment: May 2017
Deal status: In Portfolio
Sector: Services
Metamark
Metamark is a leading manufacturer and distributor of speciality sign vinyl, digital print media and other speciality signage materials.
GatenbySanderson
Investment Summary
Date of investment: September 2014
Deal status: In Portfolio
Sector: Services
GatenbySanderson
GatenbySanderson is the UK’s leading people intelligence business advising public services, not for profit and education. GS work within some of the most complex, challenging and highly scrutinised environments to deliver effective leadership and accelerate change.
ICS Learn
Investment Summary
Date of investment: February 2018
Realisation date: March 2022
Deal status: Realised
Sector: Technology
ICS Learn
ICS Learn is the category leader in accredited online learning for HR, accountancy and other professional qualifications, providing “must-have” training to 20,000+ students. ICS was acquired by Skill & You in March 2022.
Readypower
Investment Summary
Date of investment: February 2017
Realisation date: February 2022
Deal status: Realised
Sector: Services
Readypower
Readypower is a leading specialist rail and infrastructure services provider, combining an operated asset hire and a specialist civil engineering business. It plays a critical role in helping to modernise the UK’s rail network, as electrification and upgrades continue throughout the country. The business was sold to Angel Trains in January 2022.
Leisure Pass Group
Investment Summary
Date of investment: May 2012
Realisation date: December 2016
Deal status: Realised
Sector: Technology
Leisure Pass Group
Leisure Pass Group (“LPG”) is the global leader in city-based multi-attraction tourist passes and the operating systems that run and manage them. The business was sold to Exponent / Big Bus in December 2016.
Amtech
Investment Summary
Date of investment: March 2010
Realisation date: November 2014
Deal status: Realised
Sector: Technology
Amtech
Amtech is one of the UK’s leading providers of software to the mechanical, electrical and plumbing (‘MEP’) sector of the building services industry. The business was acquired by Trimble Inc. in November 2014.
Napier Turbochargers
Investment Summary
Date of investment: June 2008
Realisation date: January 2013
Deal status: Realised
Sector: Technology
Napier Turbochargers
Napier designs and manufactures large axial turbochargers for sale to blue-chip engine OEMs for the power generation, rail traction and marine transportation markets. It also provides aftermarket services to its global installed base of around 18,000 modern turbochargers utilising a global network of independent service centres. The business was acquired by Wabtec Corporation in January 2013.
Pacific Direct
Investment Summary
Date of investment: April 2008
Realisation date: September 2015
Deal status: Realised
Sector: Services
Pacific Direct
Pacific Direct is a globally recognised manufacturer and supplier of cosmetic amenities and accessories to luxury hotels, cruise liners and airlines. It has a portfolio of premium brand licences which it supplies to iconic hotels and major luxury chains in 130 countries throughout the world. The business was sold to ADA Cosmetics in September 2015.
Coffee Nation
Investment Summary
Date of investment: June 2000
Realisation date: April 2008
Deal status: Realised
Sector: Services
Coffee Nation
Founded in 1998, Coffee Nation pioneered the new market segment of self-service, gourmet coffee stations. Coffee Nation designed and installed self-service gourmet coffee machines in a variety of high footfall locations including motorway service stations, petrol forecourts, airports and large retail stores. The business was sold by Primary in a secondary buy-out before being bought by Costa Coffee and now trades as Costa Express.
Pegasus Security Group
Investment Summary
Date of investment: May 1998
Realisation date: January 2006
Deal status: Realised
Sector: Services
Pegasus Security Group
Pegasus was one of the UK’s largest independent providers of security and other facilities management services for high profile office premises and government buildings. The business was acquired by ISS Group in January 2006 and is now known as ISS Security.
PCL Group
Investment Summary
Date of investment: March 1998
Realisation date: January 2005
Deal status: Realised
Sector: Technology
PCL Group
PCL Group provides specialist engineering design and computer simulation services to the automotive and aerospace industries. The business was acquired by ARRK Corporation in January 2005.