INVESTMENT APPROACH


Find out more about our investment approach

Core Capital provides a flexible investment approach tailored to the needs of each business.

We work closely with our management teams to add value in:

  • Formulating strategic plans

  • Optimising senior team structure and focus

  • Scaling operations in regional or international expansion

  • Executing bolt-on acquisitions

  • Refinancing’s

  • Exit preparation; a discipline that starts on day 1

Our experience of growing and selling businesses has been gained both as entrepreneurs and investors.

We are a small team and personally invested in the funds we manage, so we are fully focused on making every deal a success.

Ultimately, our track record demonstrates that we deliver results.

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£218mFunds raised to date
2.8xMoney multiple achieved on realised investments
4xRevenue growth across investments since 2005
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Portfolio news: Brasserie Bar Co


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Core Capital supports Brasserie Bar Co in £23m refinancing.

 

Core Capital today announces portfolio company Brasserie Bar Co, parent group of casual dining brands, Brasserie Blanc and the White Brasserie Company, has secured a £23m debt refinancing. The funds will enable the group to significantly expand the existing estate over the next five years, targeting 6-8 new openings per year.

Brasserie Bar Co, led by CEO Mark Derry, operates 35 sites within the premium casual drinking and dining market in the U.K. The group comprises two core formats: Brasserie Blanc, the French brasserie business originally founded by Raymond Blanc, and the White Brasserie Company, a quality pub dining business focused away from the high street but offering the standards of Brasserie Blanc.

The new facilities comprise a £12m senior term loan and £8m undrawn facilities from OakNorth Bank, and a £3m mezzanine loan from ESO Capital. This will significantly reduce the cost of capital and secures committed facilities to finance the group’s ambitious growth plans.

Performance of the existing estate has been extremely strong, delivering industry-leading LFL growth of 6% over the last 11 months following a rebranding of the Brasserie Blanc estate and further expansion of the White Brasserie Pub concept. Last month the group announced its first contract to operate its Brasserie Blanc concept within a hotel, at the Marriot High Cliff Hotel in Bournemouth. Most recently the Group opened its 19th Brasserie Blanc site in Hammersmith’s Fulham Reach development.

Commenting on the re-financing, Stephen Edwards, Founding Partner, Core Capital said:

"Mark and his team at Brasserie Bar Co have done a tremendous job over the last two years reinvigorating the Brasserie Blanc concept following its rebrand, as well as expanding the White Brasserie Pub Company estate to 15 sites. This has produced sector leading like-for-like revenue growth, and with the opening of our first hotel site, Brasserie Bar Co now has three types of location where its brands can excel.”

 

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Core Capital news


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Core backed Ark Home Healthcare acquires HC21's home care business

 

Ark Home Healthcare (Ark) is delighted to announce completing the acquisition of Housing and Care 21’s (HC21) £29.2 million-turnover home care business.  

 

Ark has successfully integrated 11 HC21 care branches into its existing operations, strengthening its core presence across the North, Midlands and London. The combined Group has over 2,000 employees and delivers more than 50,000 hours of care a week, creating a top-10 provider of government-funded domiciliary care in the UK.

 

The acquisition, funded by equity from PE-owners Core Capital, demonstrates Ark’s long-term commitment to the social care industry. Despite market funding pressures in recent years, Ark has grown 125% in the last 12 months via both organic and acquisitive growth, and has established itself as a high-quality operator.



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