Our Approach

ECI collaborate with management teams, working together to build successful businesses.

SEE OUR APPROACH

A Track Record of Success

We are one of the most experienced private equity firms in the UK mid-market.

40

Years of Private Equity Investing

254

Investments Completed

10

UK Focused Private Equity Funds

Our Investments

We work with entrepreneurs and ambitious management teams over the long-term to achieve sustainable growth.

Chris Morris, Citation CEO
Oliver Tucker, Wireless Logic CEO
Ben Hood, Fourth CEO
Helen James, Investis CEO
Peter Liney, Great Rail Journeys CEO

Team

Continuity and shared experience are central to the way we work, so the team you partner with at the beginning will work alongside you throughout the course of the investment.

MEET THE TEAM

News and Insights

Clarke completes sale to US trade party,...

02 Feb 2017

ECI Partners today announces the sale of our investment in Clarke Energy to Kohler Co.'s Power Group, a global leader in engines and power generation systems.

Clarke Energy is a multinational specialist in the engineering, construction, installation and maintenance of engine-based power plants and is an authorised distributor of GE’s reciprocating engines in 19 countries worldwide.

A global force in power solutions since 1920, Kohler is committed to reliable, leading-edge products and comprehensive after-sale support. Kohler’s acquisition of SDMO in 2005 created one of the world’s largest manufacturers of generators. The companies have a combined 150 years of experience in industrial power and now benefit from global R&D, manufacturing, and sales and service. 

Since ECI invested alongside Jim and Jamie in August 2012, the business has continued to outperform the market through investment in people and technology and has delivered consistent, profitable growth. Highlights include:

  • ECI supported Clarke Energy in overseas acquisitions in Bangladesh, South Africa, Mozambique, and the US, helping the business to achieve its goal of being a truly global player.
  • Clarke Energy was awarded Queen’s Award for Enterprise in 2014.
  • In 2015 Clarke Energy’s UK operations reached its biggest milestone to date, achieving 1 gigawatt of installed power and the company now has over 5.4GW of power generation equipment spread across 19 countries. 
  • Turnover has grown 50% during that time
  • Employment has grown from 700 to 1,100

Jim Clarke, Chairman and founder of Clarke Energy: “It has been an enjoyable and rewarding few years working with ECI helping to increase the international expansion of Clarke Energy. We are excited about working with Kohler to further enhance our global reach.” 

Jamie Clarke, CEO of Clarke Energy: “I have thoroughly enjoyed working with John Hayhurst, Lewis Bantin, Mark Keeley and the team at ECI.  These are exciting times for Clarke Energy as we look to build, with Kohler, on our decades of success.”

John Hayhurst, at ECI, commented: “It has been a pleasure to be able to play a small part in the Clarke Energy story and especially working with Jim and Jamie. We wish the team every success for the future with Kohler.”

The successful investment in Clarke Energy is another example of how we collaborate with founders, combining their knowledge with our experience, and working together to build successful businesses.  This is ECI’s first exit of 2017 and the eighth full exit from ECI 9 since April 2014 following the recent successful exits in 2016 at Citation (5.4x)Reed & Mackay (3.4x) and rhubarb (3.1x). This fund now has seven remaining investments. 

Our track record in the business services and industrials sectors is unparalleled in UK private equity and other recent successful investments include Reed & Mackay sold to Inflexion (August 2016), Chartco sold out of Kelvin Hughes to Equistone (June 2016), Citation sold to Hg (February 2016), Wireless Logic sold to CVC (February 2015), and XLN Business Services sold to Blackstone’s GSO (September 2014).

Current investments in the business services and industrials sectors include Edenhouse, Harvard Technology, Kelvin Hughes, Encore, Investis, and Imagesound

Investis' Baroda office celebrates 10...

03 Jan 2017

Congratulations to Investis' office in Baroda, India, which recently celebrated its 10th Anniversary having started operations in 2006. Over the ten years the team has grown from just 12 to over 260 people, led by Ashish Parasharya, Managing Director of Indian Operations. Ashish has led the rapid growth and transformation of Investis’ operations in India which support Investis’ service, delivery and innovation. 

Watch their video here - a snapshot of life at Investis Baroda.   

ECI exits rhubarb generating a...

06 Dec 2016

ECI Partners today announces the sale of our investment in rhubarb to Livingbridge generating a multiple of 3.1x cost to investors and a 32% IRR. 

PB Jacobse, CEO of rhubarb, said:

“We have really enjoyed working with ECI to build and grow rhubarb and are now very excited about the next stage of our development. We are ideally positioned to benefit from positive market trends and current consumer tastes and, with a good level of visibility over our existing contracts, as well as a strong pipeline of new growth opportunities, we are confident of building on the strong momentum we have generated to date.”

The successful exit of rhubarb is another example of how we collaborate with management teams, combining their knowledge with our experience and working together to build successful businesses.  This is our fourth exit of 2016 following on from Citation, Kelvin Hughes Chartco and Reed & Mackay.  rhubarb is the seventh exit from ECI 9; all seven achieved over 3x money taking the overall realised return of the fund to 4.4x. 

Originally established in 1996 as an events business, rhubarb expanded its activities in 2003 to include longer-term contracts at iconic, high footfall locations, initially by providing high-end catering at Ascot Racecourse. 

Today, the company operates at venues including the Sky Garden at the “Walkie Talkie” building in London, the Royal Albert Hall and events at the Goodwood Estate. It also provides bespoke catering solutions at around 600 events per year for a broad range of clients, from high profile charity galas for 2,000 guests to small, intimate dinners in country venues. rhubarb will also be opening a flagship restaurant at the recently renovated Centre Point building in late 2017, adding to its Central London portfolio. 

With offices in London and Surrey, the firm now employs 250 full time members of staff alongside over 900 temporary staff. 

ECI invested in rhubarb in 2012 for a minority stake to support the team in growing the business and take advantage of the considerable number of business development opportunities. Highlights over the period include:

  • After winning the contract to operate the restaurants and bars in Sky Garden at 20 Fenchurch Street, rhubarb has delivered one of the most exciting new venues in London for the 1 million annual visitors
  • rhubarb has grown revenue and average spend per head by 87% at the Royal Albert Hall compared to the performance of the previous contractor, allowing the charity which runs the Royal Albert Hall to invest more in entertaining the 1.7m annual visitors
  • In 2015, the Earl of March selected rhubarb to cater for his 800,000 annual visitors at events such as Qatar Goodwood Festival (popularly known as Glorious Goodwood), Goodwood Revival and the Festival of Speed
  • Total revenue at rhubarb has more than doubled since ECI’s investment (a CAGR of 21%)
  • In 2016, the team at rhubarb won the team of the year at the BVCA Management Team Awards in the South East

Paul McCreadie, a Partner at ECI said: 

“It has been fantastic to work with PB and all the team at rhubarb. Their talent and hard work combined with our experience of helping growth companies has created a wonderful business, with strong growth dynamics and a consistently premium offering. We look forward to staying in touch as they continue to host future ECI events.”

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