Investment Criteria

What we look for

TPA seeks to back exciting businesses with strong underlying fundamentals and ambitious management teams. Alignment of interests of all stakeholders is key and our flexibility with regards to hold period, as well as steering away from burdening our investments with external debt on day one, means our decisions are solely focused on pursuing strategies to optimise growth. We seek to unlock potential through supporting management with identifying, and executing on, both organic and inorganic opportunites.

Financials:

  • EV from £10m – £75m
  • Capital deployment £10m+
  • Profitable, robust and scalable business model
  • Positive EBITDA

Business:

  • Strong and ambitious management team
  • Cope to grow domestically and internationally
  • Organic and acquisitive growth opportunities
  • Sector focus: Business Services

Investment type:

  • Minimum 20% equity stake
  • Buyout or growth capital
  • Co-investments
  • MBOs and MBIs
  • Typically fully equity underwritten by TPA

Key advantages:

  • Flexible hold period to suit the business and management
  • Proven track record of partnering with management
  • Typically no external debt on transactions
  • Fast and direct decision making
  • Ability to support growth with follow-on capital
Our business | Working diligently to identify right investments for us to partner with

Our business

Working diligently to identify the right investments for us to partner with.

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Investment strategy | Working with our businesses to help them achieve their goals

Investment strategy

Working with our businesses to help them achieve their goals.

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Companies | Understanding the companies we work with to ensure we can support them

Companies

Understanding the companies we work with to ensure we can support them.

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