Talk:Livingbridge

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Livingbridge is a mid-market private equity firm of over 80 people in the UK and Australia, launched in 1995 [1]. Livingbridge invest anywhere from £2 million to £70 million in fast-growing companies valued up to £150 million[2].

Headquartered in London, the firm also has offices in Manchester, Birmingham and Melbourne, Australia[3].

Livingbridge was known until November 2014 as Isis Equity Partners, but rebranded as it was "no longer prepared to share [its name] with a terrorist organisation"[4][5].

Since 1995 it has invested in over 100 UK businesses[6] across the business services, consumer markets, healthcare and education, and technology, media and communications sectors[7].


Operations:

Livingbridge invest in MBOs, minority stakes, replacement capital, and growth/development capital[8].

Livingbridge also manages the Livingbridge Equity Funds, which comprises the CF Livingbridge UK Multi Cap Income Fund (launched July 2017) and the CF Livingbridge UK Micro Cap Fund (formerly Wood Street Microcap Fund)[9]. Launched in 2009, Livingbridge’s CF Livingbridge UK Micro Cap Fund is a dedicated, long only, UK small cap fund focusing on companies with a market capitalisation of £250 million or below. It seeks to invest in profitable companies with established business models[10]. Launched in 2017, the CF Livingbridge UK Multi Cap Income Fund aims to deliver returns to investors through a focused, stock-picking, long-term investment strategy[11].


Notable achievements:

In 2016 it raised £660m in its eighth fundraise, its largest to date. In April 2016 Livingbridge announced the sale of Frank Recruitment Group to TPG Capital[12].

In 2016 Livingbridge also celebrated its 100th deal[13].

In 2017 Livingbridge won UK House of the Year at the 2017 Real Deals Private Equity Awards[14].


Notable investments:

Livingbridge sold clothing brand Fat Face in 2005 following a five year investment during which turnover increased almost six-fold to £60 million, and the number of stores more than tripled from 30 to 98 [15].

In 2007 Livingbridge invested in online beach holiday retailer, On The Beach. Sales grew from £78m in 2007 to £280m in 2013 when On the Beach was sold to another private equity firm[16].

In 2011 Livingbridge sold online cycling retailer Wiggle to another private equity firm, following EBITDA growth of 50% per annum during investment[17].

Livingbridge, on behalf of Barronsmead Venture Capital trusts, realised broadband, TV and telephony services provider CableCom in 2013. The exit delivered a return of 4.8x and Livingbridge (then ISIS) reinvested an undisclosed sum for a minority stake[18].

With Livingbridge’s support, travel management business Reed & Mackay was able to grow its client base by 68% between 2011 and 2016. Livingbridge and ECI sold the business to another private equity firm, generating a multiple of 3.4x cost to investors[19].

Livingbridge sold its stake in UK vehicle rental business Nexus in 2015 for £51m. The deal delivered the firm a 4.5x money return and an IRR of 26%[20].


 Done Added bit about offices in Australia. Grama24 (talk) 15:59, 1 November 2017 (UTC)[reply]
 Done Added house of the year 2017 as is notable/relevant information presented in the right way. Grama24 (talk) 16:06, 1 November 2017 (UTC)[reply]
It appears as if this edit request has been answered. Im closing the request. Feel free to submit again for any additional requests.  Spintendo  ᔦᔭ  07:45, 1 December 2017 (UTC)[reply]


References

  1. ^ ""Livingbridge raises £660m to invest in UK SMEs"". Livingbridge. Retrieved 15 August 2017.
  2. ^ "Livingbridge". LinkedIn. Retrieved 15 August 2017.
  3. ^ "UK Private Equity Firm Livingbridge opens office in Australia". Financial News. Retrieved 15 August 2017.
  4. ^ "Company Overview of Livingbridge". Bloomberg.
  5. ^ "City firm unveils less terrorist-y new name". The Telegraph.
  6. ^ "We get growth". Livingbridge.
  7. ^ "Private equity firm Livingbridge has £660m investment pot ready for UK SMEs". Real Business.
  8. ^ "Our investments". Livingbridge.
  9. ^ "Wood Street Microcap Investment fund renamed CF Livingbridge UK Micro Cap Fund". Private Equity Wire.
  10. ^ "CF Livingbridge UK Micro Cap Fund A Acc". Financial Times.
  11. ^ "Private equity firm Livingbridge launches income fund". Wealth Manager.
  12. ^ "Livingbridge exits Frank Recruitment Group". Livingbridge.
  13. ^ "Livingbridge celebrates 100th deal with a nibble at Thomas J. Fudge's". Real Deals.
  14. ^ "Private Equity Awards 2017: The winners are…". Real Deals.
  15. ^ "Brexit, Isis and attracting entrepreneurs: Just some of the challenges faced by mid-market private equity firm Livingbridge". City A.M.
  16. ^ "Inflexion buys On The Beach for £73m". Insider Media.
  17. ^ "Wiggle Sold to Bridgepoint in Secondary Buyout". PE Hub.
  18. ^ "PRIVATE EQUITY FIRM INFLEXION BACKS CABLECOM BUYOUT". Insider Media.
  19. ^ "ECI Partners (ECI) and Livingbridge have sold their investment in Reed & Mackay to Inflexion generating a multiple of 3.4x cost to investors". Private equity wire.
  20. ^ "Livingbridge makes 4.5x on Nexus exit to Bowmark". Real Deals.