Promethean is a Specialist MBO Opportunities investor providing innovative capital solutions in the lower mid-market

About Us

We are a close-knit team focused on building strategic partnerships with our portfolio companies, Limited Partners and Co-investors. We offer a flexible approach to investments that enables us to align with management and business owners

Our Values

Ambition

We back entrepreneurial management teams with ambition that matches our own. We seek to challenge traditional operations and business models in established high local demand sectors.

Integrity

Our financial heritage has moulded the way we operate as a firm and as individuals. We are pragmatic in our approach to investment while recognising the importance of collaborative partnerships.

Value and Returns

We are value focused and seek investments capable of generating real, sustainable earnings growth. We do not rely on leverage to provide returns.

Our Approach

Deal
origination

We focus on non-competitive opportunities direct from management teams and business owners.

Building
relationships

We are long term partners looking to collaboratively build multi generation businesses.

MBO
specialists

We seek out value dislocations backing excellent management teams in situations larger firms may struggle to access.

Investments

Brickability Current Fund II

Investment Date: September 2016

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Brickability Group is one of the leading providers of bricks and associated building materials in the UK. The business was established in 1984 in South Wales and has grown (via acquisition) a nationwide presence, with 12 sites throughout the UK.

DSG Current Fund II

Investment Date: January 2016

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DSG Financial Services is a leading point of sale motor finance broker that works with some of the largest motor groups in the UK. We’ve carved out a great working relationship with DSG and continue to support them as they grow and develop from strength-to-strength.

Envirogen Technologies Current Fund II

Investment Date: October 2015

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Envirogen is an environmental technology and process solutions provider that combines experience in water and vapour phase treatment with process development expertise. Envirogen provides treatment solutions for process water, groundwater, wastewater and air emissions as well as materials recovery for a range of industrial and non-industrial customers in Europe, the US and Middle East.

Sofa Brands International Current Fund II

Investment Date: January 2015

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Sofa Brands International is the UK’s largest branded sofa manufacturer with a heritage dating back to 1869. The Group produces handmade sofas and chairs under three iconic brands, G-Plan, Parker Knoll and Duresta. The Group employs over 750 skilled professionals and craftsman at three manufacturing facilities in the UK and one in Lithuania.

Albemarle & Bond Exited Fund II

Investment Date: Ocotber 2015

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Albemarle & Bond is an iconic high street business engaged in the provision of pawnbroking contracts and jewellery retailing. Promethean exited the investment in October 2015 after an 18 month holding period.

Cambria Automobiles Exited Fund I

Investment Date: Ocotber 2015

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Promethean in collaboration with management established Cambria Automobiles in 2006 with a strategy to build a balanced motor retail group, through close co-operation with its manufacturer partners and the self funded acquisition and turnaround of under-performing businesses. Promethean exited the business via a floatation in 2010 achieving a gross multiple of 2.4x.

16

Completed
transactions

2

Funds

4.7x

Co-investments to committed capital

In 2nd fund

Responsible Investment

Building collaborative relationships for sustainable growth

At Promethean our goal is to build collaborative relationships with the highly capable management teams we invest alongside. We put time into building strong relationships with managers and business owners to ensure not only an alignment of economic interest and expectation but of outlook and ethos too.

Central to the theme of long term value creation and sustainable growth is ‘Responsible Investing’. We recognise the importance of Responsible Investing in the day-to-day operations of portfolio companies and work collaboratively with management teams to promote and implement environmental, social and governance (ESG) policies that are well defined and sustainable.

The partners at Promethean believe that we have a responsibility not only to our investors and Limited Partners but to the communities our portfolio companies we operate in. Prudent management of ESG issues is integral to this belief.

Signatory of:

PRI | Principles for Responsible Investment

London Office

1st Floor, Egyptian House
170 -173 Piccadilly,
London, W1J 9EJ

Edinburgh Office

3rd Floor, 1 Hill Street
Edinburgh, EH23JP