2023 Highlights

337 jobs saved from Administration in 2018.

Rcapital rationalised and transformed the business.

Change programmes:

Operational enhancement, cost reduction, rebrand, investment in green fleet, IT systems, bids and contract delivery and HESQ.

Sold to global leaders of sustainable solutions, RSK Group comprising over 175 companies employing some 10,000 people.

Senior manager Seb Johnson joins Rcapital from Kroll in January 2024, to work alongside the investment team and portfolio to conduct financial forecast reviews, cash flow modelling, sales mandates and options reviews.

“I’m looking forward to bringing my experience in restructuring and advisory to contribute to Rcapital’s success. Here’s to new challenges and continued growth!”

High Technology Sources Limited.

UK’s leading supplier of radioactive isotopes for over 20 years.

Sealed and unsealed radiation industrial sources.

HTSL has acquired instrumentation and radiation detection businesses to further expand and achieve growth.

• Established in 1987.
• Oversees more than 6,000 lifts and escalators.
• A dedicated workforce of over 160 professionals.
• 3 regional offices.
• Strong reputation for technical expertise and exceptional client service.

• Insolvency and restructuring processes.
• Group restructures.
• Corporate carve outs / exit of non-core assets.
• Complex and multiple stakeholder matrix.
• Government approval.

Contract electronics manufacturer, headquartered in Hampshire.

Corporate Carve Out from Integrated Micro-electronics, Inc (“IMI), a Philippines-based conglomerate.

Rcapital was selected as the preferred investor because of our deep expertise in delivering corporate carve out transactions.

9 deals completed.

3 corporate carve-outs.

3 purchases from insolvency situations.

1 deal completed within 1 week of meeting management.

>1000 jobs saved from stressed situations.

>700 investment opportunities reviewed.

4 exits.

Trios faced severe financial challenges, with monthly trading losses of £1.5 million and impending closure.

Rcapital acquired Trios 3 days pre UK-lockdown.

Demonstrated exceptional resilience and commitment to the turnaround.

Shortlisted in 2021 and 2022 for the IFT Turnaround of the Year.

Strategically significant exit to Arcus FM.

“Cablenet has been an exceptional company to work with throughout the 7 years of Rcapital ownership.

Over the years, we have seen the business evolve and mature, demonstrating resilience and adaptability in the face of challenges such as Brexit.

It is a testament to the leadership of Peter Pearson and his team that they have successfully navigated these obstacles and continued to drive growth.”

Phil Emmerson, Partner, Rcapital

Prominent heritage brand of chartered surveyors and property consultants.

Sale of Cluttons Middle East to Savills in 2018.

Sustainable transformation programme to modernise the entire business.

Investment in people, brand, thought leadership, technology, systems, offices.

Expanded geographic coverage to North.

Commitment to ESG namely carbon reduction.

IFT Award Mid-Market Turnaround of the Year 2023.

Keith Duberley – Chairman, Temple Lifts

Tim Hair – Chief Restructuring Officer, STI

James Larner – Finance Director, Nasmyth

Graham Waller – Finance Director, Avonside Energy

Martin Wright – Finance Director, Dialogue

Redefined brand values.

Refreshed corporate visual identity (CVI).

New website with responsive design.

Drive brand awareness and growth.

Positive feedback, results and analytics.

Shortlisted in two categories.

Won Mid-Market Turnaround of the Year.

Fourth successive year of IFT Award wins.

Congratulations to everyone who took part in the programme!

MERRY CHRISTMAS

Thank you for being part of the Rcapital’s 2023. We look forward to another year of collaboration, growth, and shared success. Wishing you and your families a relaxing festive season.