Livingbridge, one of the leading UK mid-market private equity firms, today announces the sale of Key Travel to Elysian Capital LLP, generating a 3.2x gross multiple.
Alinda Capital Partners to Acquire Kelling Group from Elysian Capital LLP
Elysian Capital has agreed today to sell its investment in The Kelling Group to investment funds managed by Alinda Capital Partners (Alinda), along with company management. Terms of the transaction were not released.
Brand Addition in secondary management buyout supported by Elysian Capital LLP
Brand Addition, the UK-headquartered promotional services business serving large corporate clients across its offices in Europe, US and Asia announces today that, effective from 8th May 2017, it has been acquired by existing management and funds managed by private equity company Elysian Capital LLP (“Elysian Capital”) from HIG Capital.
Elysian Capital II LP Acquisition with management of the Fastflow Group Limited
Elysian Capital II LP is pleased to announce, in conjunction with management and the company’s founder Neil Armstrong, its acquisition and investment in the Fastflow Group Limited (“Fastflow”). This represents the third acquisition in the Elysian Capital II LP Fund which closed in July 2015 at £250 million.
Elysian Capital II LP Acquisition with management of Raymond Brown Minerals and Recycling
Elysian Capital II LP has acquired, in conjunction with the company’s management, Raymond Brown Minerals and Recycling Limited (‘RBMR’). This is the second platform deal in the Elysian Capital II LP Fund which closed during 2015 at £250m.
Elysian Capital II LP Acquisition with management of Sambro International
Elysian Capital II LP has acquired, in conjunction with the company’s management, Sambro International Ltd. This is the first platform deal in the Elysian Capital II LP Fund which closed in the summer 2015 at £250m.
Sambro is the UK’s leading creator, designer, producer and distributor of licensed children’s products covering a wide range of product categories and world famous franchises. (www.sambro.co.uk)
Elysian Capital II exceeds target and is oversubscribed at £250 million
London, UK, July 16, 2015: Elysian Capital today announced the final closing of its second lower mid-market private equity fund, Elysian Capital II LP (“Elysian II”), with total commitments of £250 million. Elysian Capital II received significant interest from both existing and new investors, with demand significantly surpassing the fund’s £250 million hard cap. Investors in the fund include a diverse group of funds of funds, pension funds, sovereign wealth funds, insurance companies and family offices in Europe, the Middle East and North America.
Disposal of Volvox Group (Leeds) Limited
Elysian Capital I LP, the independent private equity fund specialising in the UK lower mid‐market, along with the company’s management has sold Leeds based Volvox Group to Rubicon Partners, an investment partnership focused on the acquisition of industrial businesses in Europe and North America.
Volvox is a leading technology and service group supplying lighting, electrical and consumable products for both professional and private use to the international transport industry and automotive aftermarkets.
Elysian Capital has expanded its Investment and Operating teams.
Elysian Capital is pleased to announce two new senior hires and two internal promotions.
Landscaping services on both sides of the channel
The Landscape Group is delighted to announce that its major shareholder (Elysian Capital) has concluded negotiations with the majority shareholder of idverde (Chequers Capital) for the sale of its entire share capital, and that The Landscape Group (TLG) is now owned by idverde.
Disposal of Integrated Pharmaceutical Services (IPS) Limited
Elysian Capital I LP disposed of its interests in IPS, a supplier of unlicensed medicines or specials to the pharmacy market, on 19th November 2014 to a secondary buy out led by Ashok Patel, the original founder of the business.
Elysian Capital I LP Acquisition of Access Hire Nationwide Limited and Welfare Hire Nationwide Limited
Elysian Capital I LP has acquired, in conjunction with the company’s management, Access Hire Nationwide Limited (“AHN”) and Welfare Hire Nationwide Limited (“WHN”). This is the eighth platform deal in the Elysian Capital I LP Fund and the fourth acquisition made by Elysian in the last 18 months.
Elysian Capital I LP Acquisition (with Management) of Wellbeing Software Group Limited (Wellbeing)
Elysian Capital I LP has acquired, in conjunction with the company’s management, Wellbeing Software Group Limited, a market leading healthcare IT group focused on the provision of software solutions and services to hospitals throughout the UK.
Axis Well Technology Opens London Office and Expands Aberdeen Headquaters
Axis Well Technology continues its expansion with the opening of a London office in the prestigious Chiswick Park and also adding a further 30% office accommodation at its head office in Aberdeen.
Acquisition of Accelyon Limited with Management
Elysian is delighted to announce the acquisition, alongside the incumbent management team, of Accelyon Limited (www.accelyon.com), a growing company specialising in brachytherapy, an important treatment option for early stage prostate cancer. Brachytherapy sales are dependent on strong customer relationships with public and private hospitals, a professional delivery mechanism and experienced customer service support. Led by a highly experienced management team in the brachytherapy industry, it is expected that the Company will quickly attain a leading market position in the delivery of Brachytherapy, initially focussed on the UK and Ireland, Australia and New Zealand.
Acquisition (With Management) Of Axis Well Technology Ltd
Elysian Capital I LP, the independent private equity fund specialising in the UK lower mid-market (Notes), has acquired in conjunction with management, Aberdeen based Axis Well Technology Ltd, the industry leading oil and gas consultancy. www.axis-wt.com
Acquisition (With Management) of Tekmar Energy Limited
Elysian Capital I LP, the independent private equity fund specialising in the UK lower mid-market (Notes), has acquired, following a management buy-out, Durham-based Tekmar Energy Ltd, the market leading designer and manufacturer of cable protection systems, primarily for the offshore wind sector. (www.tekmar.co.uk/energy) Ken Terry, CEO of Elysian Capital, said: “Tekmar Energy is a young British company at the forefront of a new industry critical to the future energy needs of the United Kingdom and a sector that is strongly supported by Europe-wide government environmental policy and incentives.
Appointment of Operating Partner Elysian Capital LLP
Elysian Capital LLP is pleased to announce its latest appointment to the team. James Cunningham is joining as an Operating Partner.
He will work alongside the investment teams in sourcing, assessing and completing acquisitions, and also in advising and mentoring management teams in Elysian Capital’s investee companies. His role will be to supplement the work of existing Operating Partner and Elysian Chairman, Dr Chai Patel.
Elysian Capital 1 - Second Closing of 110.65 Million Pounds Strategy Attracts Blue Chip Institutional and Private Investors New Investment in Pharma Business
Elysian Capital 1 LP, the independent private equity fund (‘The Fund’) specialising in the UK lower mid-market (Notes to Editors), has reached a second closing of £110.65 million. The Fund is set to have a final closing in June 2010.
In this second closing, Elysian Capital has been backed by experienced private equity investors such as SL Capital Partners, Scottish Widows, South Yorkshire Pension Authority and West Yorkshire Pension Fund, as well as international investors such as Richemont Pension Fund and Parvilla.
Acquisition of Western Landscapes Limited – Trading as ‘Wyevale Landscapes’ and ‘Wyevale Grounds Maintenance’ by English Landscapes
We are pleased to announce the acquisition of Western Landscapes Limited, T/a Wyevale Landscapes and Wyevale Grounds Maintenance (“Wyevale Grounds Maintenance” or the “Company”) by Elysian Capital on behalf of its portfolio company English Landscapes.
Wyevale Grounds Maintenance, based near Bristol, provides hard and soft landscaping and grounds maintenance services to local authorities operating from 10 sites around the country including major contracts with the local authorities of the Isle of Wight, Lewes, Eastbourne, Stroud and North Somerset among others. The Company has been trading in its current form since 1989 and before that as part of the wider Wyevale family of companies which have been trading since the 1950s.
Acquisition of Banyards Limited by The Landscape Group
Elysian Capital has acquired Banyards Limited, a Dorset based grounds maintenance and landscaping company, via its investee company The Landscape Group.
Banyards has displayed a consistent level of profitability and cash generation with turnover of approximately £3m p.a., generating EBITDA of roughly £500k over its last 3 sets of audited accounts for the years ending 31 December 2004 to 31 December 2007.
Banyards has been trading from Horton Heath, near Wimborne in Dorset since the 1970’s.
Elysian Capital LLP backs the management buy-out of The Landscape Group
Headquartered near Newbury, English Landscapes is a leading independent provider of landscape maintenance, street cleansing and horticultural construction services to the public and private sector. Employing over 600 people and operating on a UK wide basis, English Landscapes has £38m of revenues and has grown successfully from the trend of local authorities to outsource their grounds maintenance, street cleaning and hard and soft landscaping requirements, together with the increased level of public realm regeneration works and historic park restoration.