westbrooke
UK private equity
Westbrooke UK Private Equity Fund I now open for investment
- Overview
- Investment highlights
- Investee characteristics
- Track record
- Who should invest
- Investment team
- Transactions
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fund overview
Westbrooke’s UK Private Equity Fund offers investors access to diversified, disciplined and aligned private equity investments across a range of industries in the UK LMM, alongside experienced and successful private equity sponsors who share our active investment approach and who are financially aligned.
The Fund seeks to conclude investments that display asymmetric risk / return profiles (protected downside and uncapped upside) which satisfy Westbrooke’s key private equity Investment Criteria (see more information in the “investee characteristics” tab).
Although Westbrooke UK Private Equity Fund I will not necessarily be the lead sponsor in its investments, it will in most instances be a significant minority investor and will have significant influence on the investments as material investors alongside our partners, adding value through our investment, strategic, operational and capital markets experience – with the ability to exercise negative control where necessary.
Investors benefit from Westbrooke’s multi decade private equity track record, having historically achieved a weighted average IRR of 35% and a 9x multiple on money invested across a series of private equity platform investments.
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investment highlights
Target investor return of 20%+ p.a. and 2.5x multiple of invested capital (“MOIC”) in GBP (net of all fees and costs)
Established and experienced, on-the-ground investment team, supported by the experience and proven track record of the Westbrooke Group and its shareholders in the PE space
– Our operational infrastructure allows for thorough due diligence, execution and active post investment management and value creation
Fund structure targeting 6 to 8 investments, deployed over a 24-month draw down period – diversified across multiple companies and sectors
Investing alongside experienced and aligned co-investment partners (who share our active shareholder management philosophy), providing access to proprietary deal flow not available to individual investors, through their local networks, deep regional reach and sector-specific relationships
Strong alignment with Westbrooke management, shareholders and investment team
Investing in the UK lower-mid market unlocks asymmetric investment opportunities and the potential for superior returns, driven by structural inefficiencies, attractive entry valuations and significant opportunities for operational value creation
5-year target duration per underlying investment, with all dividends and capital returned to investors during the period
Targeting investments that meet Westbrooke’s PE Investment Criteria
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key investee characteristics
A strong management team and board to take the asset forward in a decentralised environment
A high cash return on assets managed
A structurally advantaged business model
High free cash flow generation to fund debt repayments, bolt-on acquisitions and shareholder payments
Strong operating margins or an ability to get there
Operates in a niche sector in the consumer (usually B2C) or commercial space (usually B2B)
An ability for Westbrooke to add strategic value, through an investment-led growth strategy and a tight control over capital allocation
Once a growth strategy is implemented, the business can grow revenue organically and through bolt-on acquisitions at (GDP plus inflation) x 2
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track record
The Westbrooke Group has a strong private equity track record, having invested shareholder capital in predominantly controlling stakes in multiple industries including retail, FMCG, industrial and commercial value-add distribution and manufacturing, over multiple cycles. For over 20 years, the Westbrooke Group has achieved a weighted average IRR in excess of 35% and a 9x multiple on money invested across a series if private equity platform investments.
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who is this opportunity best suited for?
Investors with a higher risk tolerance
Investors seeking a longer-term investment horizon
Investor that do not require periodic cash flow / dividends
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investment team
The Westbrooke Private Equity UK team is led by Rob Grieve, who brings extensive experience in private equity and investment banking. Based in the London office, Rob’s background includes his tenure as a partner at RMB Corvest, where he developed a deep understanding of structuring and executing strategic investments.
The team combines investment, strategic, operational, and capital markets expertise to create value for their sponsor partners and the underlying investments. By identifying and implementing long-term, investment-led growth strategies, the team focuses on generating material shared value for all stakeholders.
Robert Grieve
Adam Uria
Joshua Prins
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example transactions
Equity co-investment alongside Trimountain Partners and RED’s management team into a market leading driver education platform.
In partnership with:
Equity co-investment in one of the fastest-growing providers of fleet safety technology, alongside MxP Partners and RMB Corvest.
In partnership with:
(Formerly known as Freshcut Foods)
Significant equity co-investment in the UK’s leading value-added supplier of plant-based ingredient solutions with Flywheel Partners Ltd.
In partnership with:
Equity co-investment into one of the fastest growing parking managers in the UK alongside Trimountain Partners.
In partnership with:
Equity co-investment alongside Bay Tree Private Equity and RMB Corvest for the management buyout and carve out of Hawco.
In partnership with:
need more information?
Contact the Westbrooke team today
