Hello - and thanks for your question.
There is one company which stands out as the top venture capital
organisation both in the UK and elsewhere in Europe: 3i. As well as
giving you 3i's contact details, I have compiled two different lists
of other leading venture capital firms. The first list is of companies
with a focus on leisure industry investment, the second of companies
who express an interest in the leisure sector as part of a wide range
of possible investments. All the companies are members of the British
Venture Capital Association, and manage funds of at least £100 million
and often considerably more.
==
3i
==
91 Waterloo Road, London, SE1 8XP
Telephone: 020-7928 3131 Email: enquiries@3i.com
Facsimile: 020-7928 0058 Website: http://www.3i.com
European (including UK) leisure investment:
"We currently manage over £140m, including co-investment funds, across
the leisure sector. We have divided the sector into the following
areas:
Travel and Tourism including tour operators, travel agents, booking
agents, accommodation providers.
Health & Fitness and Sports
Pubs and Restaurants including managed, tenanted and leased pubs,
bars, nightclubs and restaurants.
Entertainment, Games and Gaming including cinema, bingo, ten pin
bowling, family entertainment centres, visitor attractions, fruit
machines, lottery, pools, licensed betting offices and Internet
gaming.
Hotels and Conference Centres"
http://www.3i.com/global_sectors/gs_leisure.html
European management team
http://www.3i.com/global_sectors/gs_leisure_mtt.html
Case Study:
Wallace Arnold - £60m - Buyout - UK - 1997
Sector - Leisure
http://www.3i.com/our_portfolio/cs_wallace.html
========================================
VENTURE CAPITAL FOR THE LEISURE INDUSTRY
========================================
ABN AMRO Capital Limited
199 Bishopsgate, London, EC2M 3XW
Telephone: 020-7678 8000 Email: ian.taylor@uk.abnamro.com
Facsimile: 020-7678 2050 Website: http://www.privateequities.com
"In each of the following areas, we have team members who are
especially knowledgeable:
Consumer Products
Support Services
Engineering & Industrial
Media & Leisure
IT Services"
Their investments include Club 18-30 and Mill House Inns.
* * * *
Botts & Company Ltd
Lintas House, 15-19 New Fetter Lane, London, EC4A 1BA
Telephone: 020-7427 6300 Email: postmaster@bottscompany.com
Facsimile: 020-7427 6301 Website: http://www.bottscompany.com
They are the lead investor in Noble House Leisure and Cine-UK and have
invested in Malmaison entertainment and leisure.
"Sector focus:
Entertainment & leisure
Branded goods
Industrial Products
Media"
* * * *
CVC Capital Partners Limited
111 Strand, London, WC2R 0AG
Telephone: 020-7420 4200 Email: info@cvceurope.com
Facsimile: 020-7420 4231 Website: http://www.cvceurope.com
They are the lead investor in William Hill and have also invested in
Shearings, the tour operator.
* * * *
Candover Investments plc
20 Old Bailey, London, EC4M 7LN
Telephone: 020-7489 9848 Email: info@candover.com
Facsimile: 020-7248 5483 Website: http://www.candover.com
"Our interests in the leisure sector encompass a diverse range
including health and fitness, gaming, beverages, hotels, night-clubs,
bars, public houses, restaurants, travel and holidays. Businesses in
this sector have the scope to become successful and profitable niche
players.
Case studies
Bourne Leisure
First Leisure
Jarvis Hotels
Gala Group"
http://www.candover.com/expertise/sectors.jsp?sector=Leisure
* * * *
Duke Street Capital
Almack House, 28 King Street, London, SW1Y 6XA
Telephone: 020-7451 6600 Email: mail@dukestreetcapital.com
Facsimile: 020-7451 6601 Website: http://www.dukestreetcapital.com
"Leisure - With a particular focus on health & fitness and sports
companies, gaming, Continental European hotel groups and niche
tourism-related companies.
Peter Taylor, Duke Street Capital Head of Private Equity and formerly
Finance Director of Cannons plc, the quoted UK leisure company, leads
our interest in the sector, together with Alex Cooper-Evans, Duke
Street Capital Associate Director.
Investments in the sector include:
Sporting Index: Market leader in sports spread betting
Esporta:Leading operator of premium health and fitness clubs in the UK
and on the Continent
Mega Bowl: The UK's largest tenpin bowling operator
Gala: The UK's largest bingo club operator
Country Hotels: A UK wide chain of 3-star provincial hotels
Blue Green: Europe's largest golf course chain"
* * * *
Dunedin Capital Partners Limited
10 George Street, Edinburgh, EH2 2DW
Telephone: 0131-225 6699 Email: info@dunedin.com
Facsimile: 0131-718 2300 Website: http://www.dunedin.com
"Bingo! Dunedin sells interest in Carlton Clubs
Dunedin more than doubled its money following
the sale of its investment in the bingo club operator Carlton Clubs."
http://www.dunedin.com/experience/case_studies/Carlton_clubs.html
They have also invested in Deep Sea Leisure and Macdonald Hotels
* * * *
ECI
Brettenham House, Lancaster Place, London, WC2E 7EN
Telephone: 020-7606 1000 Email: janet.brooks@ecipartners.com
Facsimile: 020-7240 5050 Website: http://www.ecipartners.com
"Building Successful Businesses in the Leisure Sector
ECI has established a proven track record of success in travel and
leisure: for over two decades we have invested in companies operating
in the sector and some of these investments are highlighted below. As
a result of these investments, the firm’s investment team offers
considerable experience in the arena and has a wide base of contacts
that can be brought to bear in the generation, evaluation and support
of investment opportunities."
They have invested in Tragus, Benjy's, Hoseasons, Sunsail, Holiday
Autos. Devonshire Pub Company, Games Workshop
http://www.ecipartners.co.uk/SimpleContent.aspx?Sector=1&Leisure=1&area=95&subarea=247
* * * *
Legal & General Ventures Limited
5th Floor, Bucklersbury House, 3 Queen Victoria Street, London, EC4N
8NH
Telephone: 020-7528 6456 Email: enquiries@ventures.landg.com
Facsimile: 020-7528 6444 Website:
http://www.legalandgeneralventures.com
"Leisure
Segments
Leisure facilities
Hotels
Pubs
LGV's principal existing investments in the Leisure sector are Bourne
Leisure, Moliflor Loisirs and the Unique Pub Company. LGV is also an
investor in Leisureplus (Shearings) and Landal Greenparks BV"
Case studies available by clicking on links from here:
http://www.legalandgeneralventures.com/our_approach/sector_focus.shtml#
* * * *
Penta Capital Partners Ltd
150 St Vincent Street, Glasgow, G2 5NE
Telephone: 0141-572 7300 Email: info@pentacapital.com
Facsimile: 0141-572 7310 Website: http://www.pentacapital.com
Investments include:
La Tasca - a Spanish restaurant and bar business with 29 outlets
throughout the UK.
Roko Leisure - operates leisure facilities from sites across the UK.
Out of Town Restaurants Group Ltd - a leading food court operator
within UK shopping centres.
http://www.pentacapital.com/Portfolio/index.html
* * * *
Phoenix Equity Partners
33 Glasshouse Street, London, W1B 5DG
Telephone: 020-7434 6999 Email: enquiries@phoenix-equity.com
Facsimile: 020-7434 6998 Website: http://www.phoenix-equity.com
"Leisure & Retail
As disposable income and free time grow, leisure spending will
continue to increase. This trend has seen leisure spending in the UK
increase by more than 20% over the last 5 years. During this period,
we have backed management buy-outs of restaurant chains (both roadside
and city centre), golf/hotels, pubs and health and fitness clubs. We
have capitalised on our significant property experience to do this -
we were involved in several major London developments in the late
1980’s.
Phoenix has made several investments in the retail sector. We have a
particular interest in the development of luxury goods brands using
both wholesale and retail channels to market.
Examples of top management teams that we have backed in the leisure &
retail sectors are:
Pinnacle Leisure Group
Mill House Inns
Equinox Luxury Holdings (Jimmy Choo)"
http://www.phoenix-equity.com/htm/leisure.htm
===============================
LEADING VENTURE CAPITAL FIRMS
WHO INCLUDE LEISURE INVESTMENTS
IN THEIR PORTFOLIO
===============================
Aberdeen Murray Johnstone Private Equity
One Albyn Place, Aberdeen, AB10 1YG
Telephone: 01224-631 999 Email: private.equity@aberdeen-asset.com
Facsimile: 01224-425 916 Website:
http://www.aberdeen-asset.com/privateequity
* * * *
Alchemy Partners LLP
20 Bedfordbury, London, WC2N 4BL
Telephone: 020-7240 9596 Email: jmoulton@alchemypartners.co.uk
Facsimile: 020-7240 9594 Website: http://www.alchemypartners.co.uk
Lead investor in Paramount Hotels
* * * *
Barclays Private Equity Limited
5 The North Colonnade, Canary Wharf, London, E14 4BB
Telephone: 020-7512 9900 Email:
Facsimile: 020-7773 4805 Website: http://www.barcap.com
"We are one of Europe's leading mid market private equity investors
with a team of 43 investment professionals in seven offices across
four countries. We have a successful track record spanning 24 years
and have invested in over 300 businesses. On average over the last
four years we have annually invested more than 300 million in 17 deals
On 29 April 2003 Barclays Private Equity was awarded 'Fund of the
Year' by Real Deals and the British Venture Capital Association (BVCA)
at the Private Equity Awards.
Barclays Private Equity was also recently highly commended as a
leading mid market house in the European Venture Capital Journal
Annual Awards. "
* * * *
Cabot Square Capital
Byron House, 7 St James's Street, London, SW1A 1EE
Telephone: 020-7579 9320 Email: contact@cabotsquare.com
Facsimile: 020-7579 9330 Website: http://www.cabotsquare.com
* * * *
Charterhouse Development Capital Ltd
85 Watling Street, London, EC4M 9BX
Telephone: 020-7334 5300 Email:
Facsimile: 020-7334 5344 Website: http://www.charterhouse.co.uk
They have invested in the Tussauds Group
* * * *
Cinven
Pinners Hall, 105-108 Old Broad Street, London, EC2N 1EH
Telephone: 020-7661 3333 Email: info@cinven.com
Facsimile: 020-7661 3888 Website: http://www.cinven.com
* * * *
Close Brothers Private Equity
12 Appold Street, London, EC2A 2AW
Telephone: 020-7426 4000 Email: enquiries@cbpel.com
Facsimile: 020-7426 4004 Website: http://www.cbpel.com
* * * *
Close Venture Management
12 Appold Street, London, EC2A 2AW
Telephone: 020-7426 4000 Email: enquries@closeventures.co.uk
Facsimile: 020-7426 4314 Website: http://www.closeventures.co.uk
Leading investors in Active Hotels Ltd.
* * * *
Elderstreet DrKC Limited
32 Bedford Row, London, WC1R 4HE
Telephone: 020-7831 5088 Email: admin@elderstreet.com
Facsimile: 020-7831 5077 Website: http://www.elderstreet.com
* * * *
Graphite Capital
Berkeley Square House, Berkeley Square, London, W1J 6BQ
Telephone: 020-7825 5300 Email: info@graphitecapital.com
Facsimile: 020-7825 5399 Website: http://www.graphitecapital.com
* * * *
Gresham LLP
One South Place, London, EC2M 2GT
Telephone: 020-7309 5000 Email: info@gresham.vc
Facsimile: 020-7374 0707 Website: http://www.gresham.vc
* * * *
Hermes Private Equity
Lloyds Chambers, 1 Portsoken Street, London, E1 8HZ
Telephone: 020-7680 2848 Email: private.equity@hermes.co.uk
Facsimile: 020-7680 2508 Website: http://www.hermes.co.uk
* * * *
HgCapital
Third Floor Minerva House, 3-5 Montague Close, London, SE1 9BB
Telephone: 020-7089 7888 Email: name.surname@hgcapital.net
Facsimile: 020-7089 7999 Website: http://www.hgcapital.net
* * * *
JPMorgan Partners
125 London Wall, London, EC2Y 5AJ
Telephone: 020-7777 3365 Email:
firstname.lastname@jpmorganpartners.com
Facsimile: 020-7777 4731 Website: http://www.jpmorganpartners.com
* * * *
LDC
45 Old Bond Street, London, W1S 4QT
Telephone: 020-7499 1500 Email:
Facsimile: 020-7647 2000 Website: http://www.ldc.co.uk
* * * *
Montagu Private Equity (previously HSBC Private Equity)
Vintners Place, 68 Upper Thames Street, London, EC4V 3PE
Telephone: 020-7336 9955 Email: chris.masterson@montaguequity.com
Facsimile: 020-7336 9961 Website: http://www.montaguequity.com
* * * *
Moorfield Investment Management Ltd
Premier House, 44-48 Dover Street, London, W1S 4NX
Telephone: 020-7399 1900 Email: graham.sidwell@moorfield.com
Facsimile: 020-7499 2114 Website: http://www.moorfield.com
Focus on property including "hotels and pubs/bars/restaurants"
* * * *
Northern Venture Managers Limited
Northumberland House, Princess Square, Newcastle upon Tyne, NE1 8ER
Telephone: 0191-244 6000 Email: new@nvm.co.uk
Facsimile: 0191-244 6001 Website: http://www.nvm.co.uk
* * * *
Permira
20 Southampton Street, London, WC2E 7QH
Telephone: 020-7632 1000 Email: liz.martin@permira.com
Facsimile: 020-7497 2174 Website: http://www.permira.com
* * * *
PPM Ventures Ltd
2nd Floor, 1 New Fetter Lane, London, EC4A 1HH
Telephone: 020-7822 1000 Email: info.ventures@ppmv.com
Facsimile: 020-7822 1001 Website: http://www.ppmventures.com
have invested in Gala Clubs
* * * *
Rutland Fund Management Limited
Rutland House, Rutland Gardens, London, SW7 1BX
Telephone: 020-7225 3391 Email: nick-morrill@rmfl.co.uk
Facsimile: 020-7581 8766 Website: http://www.rfml.co.uk
* * * *
Sagitta Private Equity
Berkeley Square House, Berkeley Square, London, W1J 6BL
Telephone: 020-7543 1500 Email: hradnor@sagitta.co.uk
Facsimile: 020-7495 8546 Website: http://www.sagitta.co.uk
* * * *
Standard Life Investments (Private Equity) Limited
2nd Floor, 1 George Street, Edinburgh, EH2 2LL
Telephone: 0131-245 0055 Email: private_equity@standardlife.com
Facsimile: 0131-245 6105 Website:
http://www.standardlifeinvestments.com
* * * *
Warburg Pincus International LLC
Almack House, 28 King Street, St James's, London, SW1Y 6QW
Telephone: 020-7306 0306 Email: london@warburgpincus.com
Facsimile: 020-7321 0881 Website: http://www.warburgpincus.com
* * * *
Yorkshire Fund Managers Ltd
Part of the Yorkshire Enterprise Group, Saint Martins House, 210-212
Chapeltown Road, Leeds, LS7 4HZ
Telephone: 0113-294 5050 Email: YFM@yorkshire-enterprise.co.uk
Facsimile: 0113-294 5002 Website:
http://www.yorkshire-enterprise.co.uk
===================
FURTHER INFORMATION
===================
The British Venture Capital Association (BVCA) has a website full of
information you might find useful.
"The BVCA was founded in 1983 and is the representative body for the
UK private equity industry.
It promotes private equity for the benefit of entrepreneurs,
investors, practitioners and the economy as a whole. It also works to
improve the performance and professional standards of member firms and
the individuals within those firms.
It has well over 300 members - over 160 Full Members who are private
equity companies active in making equity investments, primarily in
unquoted companies, and over 150 Associate Members who are
professional firms including accountants, lawyers and consultants
advising on private equity transactions or organisations that invest
in private equity as a minor part of their overall activities."
http://www.bvca.co.uk/index.html
Click on 'directory search' and you will be able to search for firms
to suit your particular needs, by industry sector, by amount of
finance sought and by stage of investment.
An introduction to venture capital:
http://www.bvca.co.uk/publications/guide/intro.html
As I was working on your question I also found these:
European Venture Capital Association FAQ page:
http://www.evca.com/html/PE_industry/question_faq.asp
Get Finance UK : Venture Capital : Leisure
http://www.getfinance.co.uk/directory/Venture_Capital/Leisure/
List of Venture Capital firms on site of Lancaster University
Management School
http://www.lums.lancs.ac.uk/pages/Alumni/Careers/CompanyLinks/VentureCapital
I hope this information is just what you need, but if you have any
queries about my answer, please don't hesitate to request
clarification and I'll do my best to help further.
Regards - Leli
Searches:
Searching the BVCA website
Checking information on websites belonging to BVCA members with
established track records, considerable funds invested/under
management and an interest in the leeisure industry.
UK search for
"venture capital" leisure
://www.google.co.uk/search?hl=en&ie=UTF-8&oe=UTF-8&q=%22+venture+capital%22+leisure&btnG=Google+Search&meta=cr%3DcountryUK%7CcountryGB
3i leading venture capital
://www.google.co.uk/search?hl=en&ie=UTF-8&oe=UTF-8&q=3i+%22leading+venture+capital&btnG=Google+Search&meta=cr%3DcountryUK%7CcountryGB |
