Epiris

Epiris is an independent private equity firm based in London, United Kingdom, specializing in control investments in UK-centric businesses. The firm targets companies with enterprise values typically ranging from £75 million to £500 million, often engaging in complex situations such as corporate carve-outs, public-to-private transactions, or businesses requiring significant strategic transformation. Epiris distinguishes itself by focusing on value creation through operational improvements and strategic initiatives rather than relying solely on financial leverage.

Their investment approach is characterized by a hands-on partnership with management teams, aiming to unlock potential in mature businesses. Epiris typically deploys equity cheques ranging from £40 million to £150 million per transaction. This substantial investment capacity is supported by their successful fundraising efforts. For instance, Epiris Fund III closed in 2021, securing commitments of £821 million, significantly exceeding its predecessor, Epiris Fund II, which closed at £281 million in 2017.

The firm's strategy is centered on identifying businesses that are undervalued or underperforming relative to their potential, where Epiris's capital and expertise can drive substantial growth and profitability. They operate across various sectors, demonstrating flexibility in their target industries as long as the underlying business fits their value creation thesis. Their focus on the UK market, combined with their ability to execute intricate deals, positions Epiris as a significant player in the mid-market private equity landscape, consistently seeking opportunities to generate strong returns for their investors through active ownership.