Milestone Capital Partners

Eden Biologics, formerly known as JHL Biotech, is a biopharmaceutical company that specializes in the development of biosimilars and offers contract development and manufacturing services to various clients and partners. The company focuses on producing a diverse range of complex dosage forms, including oral solid, liquid, and semi-solid products, as well as macromolecule biologics. By leveraging its expertise in both global and regional regulatory affairs, Eden Biologics aims to make biopharmaceuticals more affordable and accessible to patients worldwide. Through its comprehensive services, the company supports the entire process from cell line development to commercial manufacturing, enhancing the efficiency and effectiveness of biopharmaceutical development for its partners.

ITX SA specializes in international employees' administration services, enabling companies to outsource various aspects of managing their global workforce. Founded in 2000 and based in Geneva, Switzerland, the company offers a range of services that include assessing corporate mobility needs, developing tailored packages for international employees, and establishing management units. ITX SA also calculates salary components related to assignments, such as mobility premiums and cost of living allowances. Additionally, the company manages expatriate payroll, handles contract drafting, processes salary payments, and oversees social security contributions. ITX SA serves a diverse array of industries, including pharmaceuticals, metallurgy, oil, chemicals, large-scale retail, and banking.

Compre Group is a specialist in the management and acquisition of legacy insurance and reinsurance companies and portfolios, boasting over 30 years of experience in the sector. The company focuses on providing consolidation services for non-life insurers and reinsurers aiming to exit their legacy exposures. Its offerings include acquiring companies in run-off, transferring legacy business portfolios, providing reinsurance services, and managing the closure of run-off liabilities. Through these services, Compre Group enables clients to achieve legal, financial, and operational finality effectively.

Coffee Nation is a provider of premium self-service gourmet coffee in the UK, operating a network of self-service coffee vending machines. The company partners with over 800 entities across various sectors, including retail, leisure, forecourts, education, and healthcare, to deliver high-quality coffee options. Its automatic coffee machines are strategically placed in diverse locations, ensuring easy access for consumers seeking a convenient coffee experience.

Cadum International is a manufacturer based in Levallois-Perret, France, specializing in personal care products. The company offers a diverse range of items, including solid and liquid soaps, family hygiene products, and shower gels for both children and adults. Additionally, Cadum International produces eco-packaged baby wipes, body milk, cleansing gels, atomizers, and deodorants, emphasizing a commitment to hygiene and care for all ages.

Nordic Recycling specializes in waste management and recycling services for industrial, commercial, and public sectors. The company offers comprehensive waste collection services that cover a range of materials, including general waste, dry mixed recycling, paper, cardboard, plastics, glass, metal, electronic and electrical equipment, and hazardous waste. In addition to waste collection, Nordic Recycling provides recycling services specifically for paper, cardboard, and glass. The firm aims to enhance the environmental performance of its clients while reducing their waste management costs. It also offers consultancy and project management services to waste producers across the UK, along with after-sales account management to ensure continuous support.

Winncare is a manufacturer of medical equipment and homecare products designed for dependent individuals and the elderly, primarily in France and other European countries. The company specializes in creating a range of essential medical furniture and devices, including beds, wheelchairs, patient-lifting systems, and products aimed at preventing bed sores. By focusing on the needs of seniors and those requiring home medical care, Winncare provides vital solutions that enhance the quality of life for its clients.

GES International is a group of plastic film printing companies that produced innovative packaging solutions for various industries.

ADP Dental Company operated a chain of general practice dental surgeries, providing dental care for both NHS and private patients.

5asec is a textile care brand that provides its customers with dry cleaning and laundry services. 5asec provides its services in 3 segments, including basic services: dry cleaning, professional washing and steam ironing, and stain cleaning; professional services: duvet and home linen treatment, alterations services; and carpets, furniture, and leather cleaning; and textile care solutions: maxima treatment, appret finish, anti-moth and dust mites’ repellent solutions, and water repellent treatments. 5asec is headquartered in Geneva, Switzerland.

Renaissance BV offered pensioners a long-term, personalised environment that was targeted at enhancing their quality of life. Services included recreational activities tailored to individual skill levels, interests and abilities. The company focused on high quality locations and larger facilities in a quiet and calm environment. Services included food, lodging, assistance, personal and medical care.

Star Energy Group Limited planned to develop an onshore oil and gas utility business through the acquisition of a small number of complementary businesses. The focus was on companies with producing assets which had the potential to develop annuity streams through gas storage and electricity production.

Equinix Group is a leader in the European network-neutral colocation market. IXEurope is a leader in the European network-neutral colocation market. It operates 14 data centers comprising approximately 325,000 square feet of net sellable space throughout Europe, including centers in Dusseldorf, Frankfurt, Geneva, London, Munich, Paris and Zurich. The company's more than 450 enterprise and Internet customers include Capgemini, Citigroup and Deutsche Boerse Systems.

Eton Group formed to develop a small chain of branded, four to five star, 40-60 bedroom town house hotels, aimed largely at the discerning corporate traveller. Market analysis suggested that this niche was likely to be one of the most attractive in the hotel sector, offering significant growth.

Leapfrog was a rapidly developing chain of children’s day nurseries, each catering for up to 100 children, in the 0-5 age group. All the nurseries were purpose built and set standards for the industry in terms of both quality of construction and quality of care. We led the financing project work which saw £19m of equity and £27m of bank debt committed to this investment.

Stalwart Group has a UK market leader in the development of financial products for those in retirement. Its core product was a reversionary property annuity scheme which enabled "income poor/asset rich" elderly home owners to purchase an annuity with their residential property whilst maintaining a leasehold life interest. Demographic trends pointed to strong market growth in this sector despite difficult regulatory market conditions, brought about by poor selling of inappropriate "equity release" products by other providers. Prior to our investment, Stalwart had an excellent reputation, a leading market share and was available at an attractive price, but had problems with its funding structure.

Tom Cobleigh was developed as an independent pub retailer operating in the Midlands, East Yorkshire and Humberside regions. At the time of exit in 1996, it operated some 59 outlets, of which 42 were managed pubs trading under the Tom Cobleigh brand. Many of these pubs, which were purpose-built, larger, "out-of-town" properties, were designed to have wide consumer appeal, offer good value for money and wholesome food in comfortable surroundings. At the time of our first investment in 1992, market analysis clearly confirmed a declining trend in trading through town centre traditional tenanted pub chains. The same analysis suggested strong consumer preference for well-sited, large, managed pubs offering good quality, reasonably priced food. We shared the management team’s vision and strategy for the successful development from scratch of a managed pub retailing business at this time.