Preservation Capital Partners is a private equity firm specialising in investing in market leading businesses that operate within the asset-light financial and business services sectors. We focus on partnering with companies with proven and resilient business models that have demonstrated strong revenue growth.
We strive to deliver consistent and superior returns for investors and partners through a hands-on portfolio management approach by deploying our large experience and deep sector expertise in the alpha-rich mid-market to generate superior value creation.
One of the central tenets of PCP’s investment approach is to back outstanding incumbent management teams that have demonstrated an ability to outperform the market and can build durable growth businesses over an extended time horizon. Alignment of interests is central to this approach and as such management teams are typically significant shareholders in businesses that we back.
We have a flexible investment mandate and can invest as both a minority and majority investor, with a typical equity investment of €75m – €250m with larger commitments achieved through co-investment.
Targeted Companies Profile
- Business sector: Asset-light financial and business services, including Insurance Distribution, Wealth Management, Financial Services Software and Business Services
- Geographic focus: Primarily focused on investing in Western Europe
- Business characteristics: Market-leading, category-A businesses with highly recurring revenues, above market growth, integrated business models, management-led with low Capex and high FCF conversion
- Ownership: Focus primarily on proprietary, management-owned businesses
Flexible Investment Mandate
- Investment mandate: Flexible investment mandate including minority and majority investments
- Enterprise value: From early stage up to mid-size companies with typical enterprise valuation of €100m – €500m and typical equity investment of €75m – €250m
- Holding period: Typical investment period of 3 – 6 years
- Aligned incentivisation: Structure investments requiring management to rollover material equity proceeds upon investment, alongside incentive plans for broader employee base to align interests
Key Numbers
Assets under management
€
FTEs
15
years in direct investing
75+