Specialty Hybrids

Exponent is a private equity firm based in London, founded in 2004. It specializes in mid-market buyouts of UK-based companies, focusing on those with enterprise values between £75 million and £350 million. The firm invests across various sectors, including healthcare, media, financial services, and business services. Exponent aims to unlock value and drive growth in the businesses it partners with by leveraging its extensive experience and strong team ethos. With over 190 years of collective expertise, the firm is adept at identifying potential and fostering relationships that yield high returns for investors and develop managers. Currently, Exponent is investing from its third fund, which raised £1 billion in 2015.

Jack Andrews

Principal

Dominic Clark

Principal

Anthony Clegg

Director

Augusto Cosulich

Principal

Simon Davidson

Partner

Tim Easingwood

Partner

Shane Farragher

Partner

James Gunton

Partner

Daniel Hunter

Principal

Victoria Kasper

Associate

Richard Lenane

Managing Partner

Tom Lightowler

Partner and Director

John Moore

Operating Partner

Barbara Rauber

Director

Nicolas Sarris

Associate

Lizzie Stazicker

ESG Director

Thomas Sweet-Escott

Founding Partner

Chi Ta

Senior Associate

Mark Taylor

Partner

Ankit Verma

Finance Director

Craig Vickery

Partner and COO

33 past transactions

Xeinadin Group

Private Equity Round in 2022
Xeinadin Group is an accountancy and business advisory firm that specializes in providing a range of services, including cloud accounting, corporate finance, auditing, payroll, and business consultancy. The firm aims to assist businesses in achieving their goals by delivering data-driven advice and tailored outsourcing solutions. Leveraging innovative technology and a team of professional experts, Xeinadin Group focuses on addressing the unique needs of its clients, ensuring effective and efficient support for their financial and operational objectives.

Gü Puds

Acquisition in 2021
Gü Puds is a producer and seller of chocolate puddings.

Meadow Foods

Private Equity Round in 2018
Founded in 1992, Meadow Foods is the UK’s largest independently owned dairy group and supplier of milk based dairy ingredients to the food industry. It currently handles more than 500 million litres of milk each year direct from over 550 farmer suppliers from across the North of England, Midlands and North & West Wales.

Dennis Publishing

Acquisition in 2018
Dennis Publishing is one of the leading independently owned media companies in the UK. As the 6th largest consumer magazine publisher, Dennis has transformed its business from its traditional print publishing roots to a true multi-platform, award-winning media company, with a group turnover of over £100m. Founded in 1974, the group consists of a number of operating companies in the UK and USA. In 2014 alone, Dennis Publishing was recognised as Digital Publisher of the Year by both the Association of Online Publishers (AOP) and Professional Publishers Association (PPA) as well as Best Media Owner at the PPA New Talent Awards. The company’s portfolio of over 30 brands, covering a wide range of specialist subjects including Fitness, Technology, Current Affairs, Lifestyle and Automotive, reaches over 40million unique users and sells over 2million magazines every month. Dennis Publishing brands include The Week, Auto Express, Carbuyer.co.uk, evo, Men’s Fitness, Mental Floss, Cyclist, Viz, PC Pro, expertreviews.co.uk, and The Week and Mental Floss in the US. Dennis Publishing is run for the benefit of the Heart of England Forest Charity. For more information go to www.heartofenglandforest.com

CEB

Acquisition in 2018
CEB Talent Assessment is a global provider specializing in talent assessment solutions. It offers a comprehensive suite of science-based assessment tools, benchmark data, predictive technologies, and consultancy services designed to help organizations effectively assess, select, and develop talent for specific roles. Originally known as SHL Group Limited, the company rebranded to CEB Talent Assessment in April 2017 and was acquired by Exponent Private Equity in February 2018. Founded in 1977 and headquartered in Thames Ditton, United Kingdom, CEB Talent Assessment is committed to enhancing business performance through its innovative assessment methodologies.

Bullitt Group

Private Equity Round in 2017
Bullitt Group Limited, based in Reading, United Kingdom, designs, manufactures, and markets rugged mobile phones and consumer electronic products tailored for extreme environments. Established in 2009, the company operates globally, with offices in New York and Shenzhen, and employs approximately 30 people. It serves a diverse customer base through a distribution network in 32 countries, partnering with global cellular distributors and telecom carriers. Bullitt is the worldwide licensee of Caterpillar Inc. for mobile devices and accessories, and also produces JCB mobile devices and Ted Baker audio products. In addition to product sales, the company provides service and repairs for its devices.

Evergreen Garden Care

Acquisition in 2017
Evergreen Garden Care is the leading garden care company outside North America, producing high quality garden care products designed to help people create their own green oasis amid the rush of modern life.

Enva

Acquisition in 2017
Enva Group specializes in waste management, recycling, and resource recovery, serving the industrial, commercial, construction, and public sectors. The company focuses on both hazardous and non-hazardous waste, aiming to recover raw materials from challenging waste streams. By transforming these materials into new products, Enva promotes sustainability and helps clients minimize environmental pollution in a cost-effective way. This approach not only facilitates the reuse of previously discarded materials but also supports the development of safe and economically viable solutions for waste management.

Leisure Pass

Acquisition in 2016
The Leisure Pass Group Limited specializes in sightseeing and tourism technology, focusing on the development and management of city passes for popular destinations worldwide. These passes offer holders free or reduced entry to various attractions at a low cost, covering cities such as London, Paris, Berlin, and Dublin. The company also operates management systems like LPOS and the Live Platform, which facilitate the processing of city passes for numerous other cities, including Vienna, Philadelphia, New York, and Singapore. In addition to its core offerings, the Leisure Pass Group provides web marketing solutions for city card providers and consultancy services to assist cities and operators in implementing tourism projects. Founded in 1998 and based in London, the company was formerly known as Arrival Marketing Limited until it rebranded in 2001.

ENRA Group

Acquisition in 2016
Enra Group Bhd, formerly known as Perduren (M) Berhad, is a Malaysian company involved in property investment and development, as well as investment holding activities. Its subsidiary, ENRA ICON Sdn Bhd, specializes in the development and installation of offshore platforms and drilling rigs. Based in Kuala Lumpur, Enra Group Bhd plays a significant role in both the real estate and oil and gas sectors, focusing on enhancing its portfolio and operational capabilities within these industries.

Racing Post

Acquisition in 2016
Racing Post is a leading publisher of horse racing and betting information in the UK, offering comprehensive coverage of racing results, news, and insights both online and offline. As the country's foremost source for equine sports content, Racing Post serves a wide audience of racing enthusiasts, bettors, and industry professionals. The platform provides timely updates on horse racing events, expert analysis, and detailed statistics to support informed betting decisions. With its established reputation and extensive resources, Racing Post plays a crucial role in the horse racing community, catering to the needs of its users through a combination of traditional media and digital offerings.

Wowcher

Acquisition in 2015
Wowcher Limited is an online discount deal provider operating in the UK and Ireland. Founded in 2001 and based in London, the company specializes in offering significant discounts on a wide range of products and services, including dining, travel, shopping, entertainment, beauty, and health. Wowcher employs group-buying strategies to secure deals from merchants, which are then promoted through various channels such as email, website, and mobile platforms to a large subscriber base. In addition to its core offerings, Wowcher provides cashback options across multiple categories, enhancing the savings available to its users. The company was previously a subsidiary of Daily Mail and General Trust plc.

BBI Group

Acquisition in 2015
The BBI Group has been a trusted partner to some of the world’s leading diagnostic and healthcare organisations for over 25 years. Founded upon the success of the superior quality and performance of our gold reagents, our organisation has grown to incorporate 3 businesses delivering excellence in diagnostic assay development and manufacturing across a range of sectors, and the supply of consumer healthcare products.

Photobox

Acquisition in 2015
Photobox is a prominent online platform in Europe that specializes in photo printing and personal publishing. With over 30 million members, it caters primarily to individuals in the United Kingdom, offering services that allow users to personalize their digital photos. Through its website and mobile application, Photobox enables customers to create a variety of customized products and gifts, including photo books, calendars, and phone cases. This service allows users to share memories and commemorate special moments by transforming their digital photographs into tangible keepsakes.

Big Bus Tours

Acquisition in 2015
Big Bus Tours Ltd. is a provider of open-top sightseeing tour services, operating in 20 cities across four continents. The company offers a flexible hop-on, hop-off bus tour experience, allowing tourists to explore major destinations such as Abu Dhabi, Budapest, Chicago, Dubai, Hong Kong, Istanbul, Las Vegas, London, Miami, Muscat, New York, Paris, Philadelphia, Rome, San Francisco, Shanghai, and Washington. Founded in 1978 and based in London, United Kingdom, Big Bus Tours was formerly known as The Big Bus Company Limited until its rebranding in May 2011. The service is designed to enhance city discovery for visitors and tourists by providing a convenient and accessible way to experience urban attractions.

Loch Lomond Scotch Whisky

Acquisition in 2014
Loch Lomond Scotch Whisky is an independent distiller and blender of some of the finest and rarest scotch whiskies in the world.

HSS Hire

Acquisition in 2012
HSS Hire is the UK's original tool and equipment hire company. We've been around since 1957, when Bert Taylor lent his sister a ladder and decided it could be a good business opportunity......seems he was right! Today, we work with big businesses, trade and DIY customers alike but over 90% of HSS turnover is actually from business to business activity. HSS has an established nationwide network of over 250 locations including a number of massive supercenters with extended opening hours. We have an extensive range of tools, equipment, plant and specialist kit that is robust, well-maintained and always ready to use, delivered by a knowledgeable team of technical and safety experts. The core business is still the hire of quality tools and equipment but, as we’ve grown, there's now much more to it than that too. We've introduced a clever range of services, support programs and business propositions to help make life easier and make sure we offer our customers the very best in the industry. We run a dedicated training business to ensure customers have the technical know-how they need to use our equipment safely. Our OneCall service means we can source almost anything, anywhere in the world whilst our HSS Resource partnership means we can even help with the hire of labor. We offer full managed equipment plans through HSS Outsource, a back-of-van equipment exchange program with HSS Pit Stop and a ‘have your own HSS branch’ option with HSS Onsite. And we do all this with a real commitment to the well being of our customers, our local communities and the environment. We are accredited to recognized standards; we offer discounted hire rates to all registered charities and we encourage our entire business to get involved in our community volunteering program. But more than anything, HSS is about people. We recruit the best people and we work hard to make sure they’re happy so that they want to stay with us. Training, communication and recognition are key features of our positive and inclusive workplace and there’s a great team ethos. HSS Hire is ISO9000, ISO14001, OHSAS18001 and SAFE-Hire certified. We hold Investors in People status and are currently the only tool and equipment hire company with a 4 star British Safety Council award. We were also the Hire Association Europe’s Hire Company of the Year and Contract Journal’s Plant Hire Company of the Year in 2009.

Fintrax Group Holdings

Acquisition in 2012
Fintrax Group Holdings Ltd. is a prominent provider of payment processing services, catering to tourists, banks, merchants, and acquirers globally. The company specializes in multicurrency payment solutions, VAT refund services, and treasury and foreign exchange offerings. Its services include multi-currency cheque issuing, dynamic currency conversion, and the development of point of sale (POS) software for banking and retail sectors. Additionally, Fintrax offers POS payment terminals and applications designed for dynamic currency conversion transactions, as well as tax refund services for international shoppers. Established in 1985 and headquartered in Inverin, Ireland, the company has expanded its presence with offices in several countries, including the Czech Republic, Singapore, Denmark, Portugal, Hungary, Morocco, and Sweden. Formerly known as CashBack Ltd., Fintrax rebranded in 2002 to reflect its broadening service offerings.

Immediate Media

Acquisition in 2011
Immediate Media Co is the special interest content and platform company. We create compelling world-class content that inspires the passions of our highly engaged communities. And we deliver it wherever our consumers want it – in print, on mobile, on the free web, in events and on TV. Immediate is one of the UK’s biggest consumer media businesses, employing over 1,300 people, in London, Bristol, Redditch and Camberley.

Pattonair

Acquisition in 2011
Pattonair is the global aerospace and defence supply chain provider, with over 40 years of experience in the industry. They are proud to offer scale, expertise and flexibility in our global service offering, all tailored to your needs. Wherever you are, and whatever you need, Pattonair will provide supply chain management expertise to suit your requirements.

Quorn Foods

Acquisition in 2011
Quorn Foods specializes in providing a diverse range of meat-free frozen food products aimed at promoting vegetarian and vegan diets. The company offers an array of items, including chicken-style nuggets, patties, tenders, and cutlets, as well as beef-style burgers, mince, meatballs, and sausage alternatives. Quorn Foods is dedicated to delivering healthy, sustainable meat alternatives to its customers, catering to those seeking both nutritious options and environmentally friendly food choices. Through its innovative product line, Quorn Foods seeks to encourage more individuals to embrace meat-free meals.

Ambassador Theatre Group

Acquisition in 2009
The Ambassador Theatre Group Ltd (ATG) has grown to be the UK’s largest theatre group with a total of 40 venues in Britain and on Broadway and an internationally recognised award-winning theatre producer with co-productions in New York, across North America, Europe, Asia and Australia. It is also a leader in theatre ticketing services (ATG Tickets). ATG’s impressive portfolio of West End theatres includes historic buildings such as the Apollo Victoria, Donmar Warehouse, Duke of York’s, Fortune, Harold Pinter, Lyceum, Phoenix, Piccadilly, Playhouse, Savoy, Trafalgar Studio 1 and Trafalgar Studio 2. In New York, ATG owns The Foxwoods Theatre, the largest theatre on Broadway.

Lowell Group

Acquisition in 2008
Lowell Group is a prominent provider of credit management services based in Leeds, United Kingdom. The company specializes in debt recovery, data analytics, and customer insights, offering a comprehensive approach to integrated debt management strategies throughout the credit arrears life cycle. It includes Lowell Financial, a market leader in debt purchasing, and Fredrickson International, recognized for its excellence in debt servicing. Lowell Group operates across various industries, such as financial services, communications, home retail credit, and utilities, acquiring consumer debts from creditors and assisting debtors in recovering these debts. With a workforce of over 1,100 employees, the Group leverages significant expertise and experience in the credit management sector.

Dreams

Acquisition in 2008
Dreams Limited is a prominent manufacturer and retailer of beds and mattresses in the United Kingdom, offering a diverse range of products. Their extensive selection includes various types of beds such as wooden, upholstered, divan, metal, and storage options, alongside specialized beds for children like toddler and bunk beds. The company also provides a wide array of mattresses, including traditional spring, pocket spring, memory foam, and latex varieties, as well as headboards made from upholstered, wooden, and metal materials. In addition to bedding, Dreams offers complementary furniture items like wardrobes, chests of drawers, and bedside tables, along with bedding accessories such as pillows, duvets, and mattress protectors. Serving a broad clientele that includes international hospitality brands and educational institutions, Dreams distributes its products through a network of superstores and an online platform. Founded in 1985, the company is headquartered in High Wycombe, United Kingdom.

Radley

Acquisition in 2007
Radley + Co. Limited is a London-based company that designs, manufactures, and markets handbags and accessories for women, positioning itself within the affordable luxury segment. Established in 1991 and formerly known as The Tula Group of Companies Limited, the company operates 33 stores and eight concessions across key UK cities, and has a significant presence in various department stores, including John Lewis and House of Fraser. In addition to its UK operations, Radley distributes its products internationally through stockists and concession stores in countries such as Korea, Malaysia, and the United Arab Emirates, as well as through online platforms. The company's product range includes handbags, purses, footwear, gifts, and other fashion accessories, catering to a diverse clientele.

Cardsave

Acquisition in 2007
Cardsave specializes in providing card payment terminals and processing services for independent retailers. The company offers a range of solutions, including desktop terminals for static transactions and portable terminals designed for 'pay-at-table' scenarios, enabling businesses to accept and process credit and debit card payments electronically. By focusing on the needs of independent retailers, Cardsave aims to facilitate efficient and secure payment processing, contributing to improved customer service and operational effectiveness.

V.Group

Acquisition in 2007
V.Group is a provider of maritime services catering to the commercial shipping, cruise, energy, and defense sectors. The company specializes in the technical management of maritime assets that are outsourced by ship owners. It offers a comprehensive range of high-value technical, personnel, and advisory services, tailoring its offerings to meet the specific needs of its clients. By focusing on marine and offshore vessel management and support, V.Group plays a crucial role in ensuring the efficient operation and maintenance of maritime assets.

Trainline

Acquisition in 2006
Trainline.com Limited is a leading independent platform for rail and coach ticket sales, operating primarily in the United Kingdom while also serving international travelers. Established in 1997 and headquartered in London, the company provides a range of consumer tools, such as a mobile application, a Best Fare Finder, and Ticket Alert features, which enhance the travel experience by helping users find the best prices and stay informed about ticket availability. Trainline also caters to businesses by offering tailored travel solutions, including e-commerce platforms for train operators and services for corporate travel management. By integrating a wide array of rail and coach options from over 270 companies, Trainline facilitates millions of journeys annually, promoting sustainable travel choices and streamlining the ticket booking process for both individual and corporate clients.

Group GTI

Private Equity Round in 2006
Group GTI Ltd. offers recruitment services aimed at helping employers attract and hire talented graduates and school leavers in the United Kingdom, Ireland, and internationally. Established in 2006 and headquartered in Wallingford, the company operates across Europe, the Asia-Pacific, and North America. Group GTI provides valuable resources for students, including sector-specific directories, websites, and national events that deliver graduate career information and highlight immediate job vacancies. Through these services, Group GTI facilitates connections between employers and potential candidates, enhancing the recruitment process for both parties.

Gorkana

Acquisition in 2006
Gorkana provides media intelligence and industry news to the PR and communications industry, and the journalist community. The company’s product portfolio includes a media database, weekly media workshops, daily emails, media requests, forward features, and more. Gorkana is headquartered in New York, United States.

Trainline

Venture Round in 2006
Trainline.com Limited is a leading independent platform for rail and coach ticket sales, operating primarily in the United Kingdom while also serving international travelers. Established in 1997 and headquartered in London, the company provides a range of consumer tools, such as a mobile application, a Best Fare Finder, and Ticket Alert features, which enhance the travel experience by helping users find the best prices and stay informed about ticket availability. Trainline also caters to businesses by offering tailored travel solutions, including e-commerce platforms for train operators and services for corporate travel management. By integrating a wide array of rail and coach options from over 270 companies, Trainline facilitates millions of journeys annually, promoting sustainable travel choices and streamlining the ticket booking process for both individual and corporate clients.

TSL Education

Acquisition in 2005
TSL Education Ltd’s market-leading newspapers, magazines, websites and exhibitions cover the complete professional educational field, from early years through to higher education. TSL also publishes the leading international literary weekly, the Times Literary Supplement.
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