Over our two decade track record, Westbrooke has achieved an IRR in excess of 35% and a 9x multiple on capital invested on our private equity investments.
Westbrooke Equity Partners has made several strategic investments that have become established industry leaders in their respective markets, and which have generated substantial value for all stakeholders.
The Pool Team
The majority shareholding in The Pool Team, South Africa’s largest independent retailer and wholesaler of pool equipment, chemicals, and related products.
Tapestry
The formation and eventual sale of the Tapestry Group (a direct-to-consumer, vertically integrated designer, manufacturer and omnichannel cash retailer servicing customers’ sleeping and living needs) to the JSE-listed The Foschini Group. Over 18 years, Westbrooke Equity Partners built Tapestry into South Africa’s leading independent home group through the strategic acquisitions and amalgamation of Coricraft, Dial-a-Bed, The Bed Store and Volpes, along with their respective manufacturing facilities.
Tesca Reco
The sale of TecsaReco to Swedish-listed Beijer Ref AB, a leading global refrigeration wholesaler. WEP built the TecsaReco Group through the acquisition of a number of refrigeration and HVAC businesses over a seven-year period.
Lewis & Wood
Lewis & Wood is the first acquisition in Westbrooke’s Home RMI platform. Lewis & Wood is a fabric and wallpaper business focused on producing distinctive designs using British talent and selling to the worldwide professional interior design and consumer market (B2B/B2C). Lewis & Wood’s fabrics and wallpapers are proudly designed and printed in-house at Woodchester Mill in Stroud, Gloucestershire.
Hawco Limited
Co-investment managed on behalf of Westbrooke Alternative Asset Management UK of Hawco Limited, a specialist supplier of components for commercial refrigeration, air-conditioning, vending and industrial markets.
Freshcut Foods
Co-investment in Freshcut Foods, the UK’s leading value-added supplier of plant-based ingredient solutions, supplying over 330 SKUs to more than 40 blue chip customers across the foodservice and food manufacturing sectors managed on behalf of Westbrooke Alternative Asset Management UK.
Horizon Parking
Co-investment managed on behalf of Westbrooke Alternative Asset Management UK of Horizon Parking, a UK based manager of over 2,500 car parks to clients in the leisure, residential, education, transport, healthcare and retail sectors.
Forge Industrial
The sale of Forge Industrial to the JSE-listed Invicta Holdings Limited. Forge was an importer and distributer of leading branded and own brand industrial and engineering products to the commercial, consumer, industrial and mining sectors before being integrated into Invicta’s Engineering Solutions Group.
Together, we identify and implement long-term investment-led growth strategies that generate material, shared value for all stakeholders, including shareholders and management, across multiple business cycles.
Disclaimer
This material is for your private information and is for discussion purposes only. Except as otherwise expressly provided, this material does not constitute an offer to sell or the solicitation of an offer to purchase any security or any product, service or fund. The information contained herein may have been obtained from sources that we consider to be reliable, but we make no representation as to, and accept no responsibility or liability for, the accuracy or completeness of the information contained herein. Any indication of past performance is not indicative of future results. Any projections, valuations and statistical analyses contained herein have been provided to assist you in the evaluation of the matters described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one or more alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses should not be relied upon as an accurate representation of future events. You should make an independent evaluation and judgment with respect to the matters referred to herein, including discussing such matters with your professional tax, legal, accounting or other advisers, as appropriate