Vitruvian Partners

Vitruvian Partners

Vitruvian Partners logo
Type	Private
Industry	Private Equity
Founded	2006
Founder	Toby Wyles, Ian Riley, Michael Risman, Mark Harford, David Nahama
Headquarters	London, England, United Kingdom
Key people	Founding team: Stephen Byrne, Ben Johnson, Jussi Wuoristo, Philip Russmeyer, Leonard Clemens
Products	Growth capital, growth buyouts and leveraged buyouts
Total assets	VIP I: €925 million, VIP II: £1,000 million
Number of employees	25
Website	www.vitruvianpartners.com

Vitruvian Partners is a European private equity firm focusing on leveraged buyout and growth capital investments in middle-market companies.

Vitruvian invests throughout the UK, Ireland, Germany, Austria, Switzerland, the Nordic region and Benelux. The firm has offices in London, Munich and Stockholm.

The firm was founded in 2006 by former partners of Apax Partners, BC Partners and Bridgepoint Capital. In 2008, Vitruvian completed fundraising for its inaugural €925 million fund, the Vitruvian Investment Partnership I ("VIP I"). In December 2013, Vitruvian announced that it had closed the fundraising of its second fund, Vitruvian Investment Partnership II (“VIP II”), at its self-imposed cap of £1 billion ($1.6 billion; €1.2billion).

Notable investments

Since 2007, Vitruvian has completed a number of investments, including both buyouts and growth capital injections. Notable portfolio companies include (as of October 2014):

Company	Main country of operations	Description
Tinopolis	United Kingdom	Independent TV production house
Callcredit	United Kingdom	Provider of credit reference and marketing solutions
Inspired Gaming	United Kingdom, global	Land-based gaming products to licensed betting shops, bingo operators and casinos
Openbet	United Kingdom, global	Online gaming and betting solutions
Verastar (pka Unicom)	United Kingdom	Telecom reseller to the UK micro SME market
Independent Media Distribution now known as Group IMD	United Kingdom	Provider of Global TV & Radio advertising delivery & digital media logistics services
Benify (pka Benify)	Sweden, Europe	Provider of web-based Total Compensation Management (“TCM”) software and services
Instinctif Partners (pka College Group)	United Kingdom, international	Business communications consultancy headquartered in London and with 13 offices worldwide
Healthcare at Home	United Kingdom	Provider of innovative clinical and pharmaceutical services to patients in the comfort of their own homes
Just Eat	Global	World’s largest online takeaway ordering service. Floated on the London Stock Exchange in April 2014
Farfetch	Global	Online market place for high end fashion boutiques
Inenco Group	United Kingdom	UK market leader in strategic energy management
JacTravel	United Kingdom	Worldwide wholesaler of city based hotels
Linimed-Fazmed	Germany	Market leader in the provision of ambulatory outpatient intensive care services in the eastern part of Germany
RL360	United Kingdom	Specialist international life assurance provider
Solvinity (pka ASP4all Bitbrains)	Netherlands	Leading provider of managed hosting and cloud services
CRF Health	Global	Leading provider of electronic Clinical Outcomes Assessment (“eCOA”) solutions for clinical trials

References

• Ex-Apax Star in €1bn new venture. The Times, July 29, 2006
• Vitruvian Partners Closes Debut Fund. Financial News, 27 Feb 2008
• Firms are being set up to capitalise on buoyant markets. Financial News, December 4, 2006

External links

• Vitruvian Partners (company website)