The founding partners acquire a regulated private equity fund manager as a vehicle to raise funds to invest in UK SMEs. The business, subsequently renamed WestBridge, launches with support from the partners, the WestBridge Strategic Investor Group, the EIF and South Yorkshire Pension Authority.
WestBridge invests in Kallidus, a provider of human capital management and e-learning software to blue chip customers across the private and public sectors.
WestBridge supports the MBO of Aero Stanrew, one of the UK’s leading designers and manufacturers of specialist electronic components for the global aerospace industry.
WestBridge invests in Energist Group which designs and sells specialist equipment for the medical and beauty markets.
WestBridge announces the final close of the WestBridge SME Fund with £42 million of capital to invest across the fund and co-investment.
WestBridge supports the MBO of Vista Technology Support Group, a leading provider of technology support to the retail sector.
WestBridge invests in bChannels, a provider of outsourced marketing services and customer engagement strategies to global technology companies.
WestBridge completes its first exit from the WestBridge SME Fund, realising its investment in Kallidus via a secondary buyout to FF&P Private Equity - the transaction generates a 3.6x multiple of cost and a 39% IRR.
WestBridge invests in DB Pixelhouse to support the company’s future growth plans.
WestBridge completes its second exit from the WestBridge SME Fund, selling Aero Stanrew to TT Electronics plc, which generates a 4.5x multiple of cost and a 53% IRR.
WestBridge supports the MBO of ISG Technology, a provider of mission critical networking infrastructure solutions to blue chip customers.
WestBridge realises its third exit from the WestBridge SME Fund, selling Vista Technology Support Group to LDC - the transaction generates a 4.0x multiple of cost and a 72% IRR.
WesBridge completes the first investment from WestBridge II, supporting the MBO of AJM Healthcare, a provider of mobility and equipment solutions to the NHS, local authorities and individuals across the UK.
WestBridge invests in APEM, Europe’s leading independent environmental consultancy specialising in the acquatic environment and remote sensing.
WestBridge acquires Wilcomatic, one of the UK’s leading providers of vehicle and rail wash solutions.
WestBridge announces the final close of WestBridge II having raised £140m in fund commitments and co-investment.
WestBridge appoints a new investment director to open its Manchester office and lead investments across the North of England.
WestBridge supports the MBO of Aptus Utilities, one of the UK’s leading providers of multi-utility services.
WestBridge completes its fifth exit from the WestBridge SME Fund, realising its investment in ISG Technology following its acquisition by Allvotec - the transaction generates a 2.6x multiple of cost and a 35% IRR.
WestBridge invests in Bespoke Health & Social Care, a leading provider of complex care in the community.
WestBridge sells its interest in Energist to a co-investment partner who plans to invest in and support the development of the business.
WestBridge acquires Eque2, a market-leading provider of business management software to the construction, contracting and house-building industries.
Bespoke Health & Social Care acquires Team Medical Support and Team Brain Injury Support, further diversifying its service offering and expanding its geographic reach.
WestBridge supports the MBO of Channel 3 Consulting, a provider of digital transformation programmes to the health and care sector.
WestBridge completes its first exit from WestBridge II, realising its investment in AJM Healthcare via a secondary buyout to Livingbridge. WestBridge II’s performance benchmarks as top quartile for its vintage.
APEM acquires Woodrow, further extending its geographic reach and expanding its service offering in Ireland.