3i
3i Group plc is a London-listed (LSE: III, FTSE 100) international investment manager focused on mid-market private equity and infrastructure. Founded in 1945 as the Industrial and Commercial Finance Corporation (ICFC) and constituted as 3i Group plc in 1987, the firm invests principally from its own permanent-capital balance sheet rather than from time-limited third-party funds, taking long-term majority and significant-minority positions across the consumer, healthcare, industrial and business-services sectors in Europe and North America. Its largest holding is the discount retailer Action. 3i Investments plc acts as the group AIFM, authorised and regulated by the Financial Conduct Authority. The firm is registered at Companies House under number 01142830.
Key facts
Recent exits
Coverage notes
1 fund tracked, 32 portfolio companies (27 active · 5 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund 3i has raised, with its portfolio companies. Hand-checked from public filings.
3i Group plc (Evergreen balance sheet)Evergreen1987 · 39yr€34.8B27 active · 5 realized
Unrealized
27 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Action | Consumer | Netherlands | 2011 |
| AES Engineering | Industrials | UK | 1996 |
| Audley Travel | Hospitality | UK | 2015 |
| Basic-Fit | Consumer | Netherlands | 2016 |
| BoConcept | Consumer | Denmark | 2016 |
| Cirtec Medical | MedTech | United States | 2017 |
| Constellation | IT Services | France | 2024 |
| Digital Barriers | TMT | UK | 2022 |
| Dynatect | Industrials | United States | 2014 |
| European Bakery Group | Consumer | Netherlands | 2021 |
| Evernex | IT Services | France | 2019 |
| GartenHaus | E-commerce | Germany | 2020 |
| Konges Slojd | Consumer | Denmark | 2022 |
| Luqom | E-commerce | Germany | 2017 |
| OMS Pruefservice | Business Services | Germany | 2025 |
| Q Holding | MedTech | United States | 2014 |
| Regional Rail | Logistics | United States | 2019 |
| Royal Sanders | Consumer | Netherlands | 2018 |
| SaniSure | HealthTech | United States | 2019 |
| Scandlines | Logistics | Denmark | 2018 |
| Smarte Carte | Business Services | United States | 2017 |
| Tato | Industrials | UK | 1989 |
| ten23 health | Pharma | Switzerland | 2021 |
| WaterWipes | Consumer | Ireland | 2025 |
| WilsonHCG | Business Services | United States | 2021 |
| xSuite | Software | Germany | 2022 |
| Yanga | Consumer | Netherlands | 2022 |
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About 3i
3i Group plc is a UK listed mid-market private equity and infrastructure investor with £34.5 billion of assets under management as of December 2024 (Private Equity £28.3 billion plus Infrastructure £6.2 billion per September 2024 reporting), headquartered in London and a FTSE 100 constituent (LSE: III). The firm traces its origins to 1945 as the Industrial and Commercial Finance Corporation established by HM Government and the Bank of England, before evolving into the modern 3i Group through privatisation in 1994 and listing on the London Stock Exchange. The platform operates a permanent capital model anchored by Action, the European discount retailer (57.9% stake, €13.8 billion 2024 net sales).
Investment thesis
3i Group deploys proprietary balance-sheet capital through a long-hold compounding model rather than traditional fund vintages, complemented by selective Eurofund vintages and the listed 3i Infrastructure plc vehicle for infrastructure deployment. Sector focus spans business and technology services, consumer, healthcare and industrial technology, with capital deployed across Northern Europe, Benelux, DACH and North America. The permanent capital model enables long-duration partnerships unconstrained by typical fund-life timing, with the Action investment compounding for over a decade and generating outsized returns that anchor the listed group's NAV growth.
Recent activity
Recent realised exits include WP (business services, 2024), MAIT Germany (industrial technology, 2025) and YDEON (industrial technology, 2025). Recent acquisitions include Comptest Group (commercial services, 2026) plus bolt-ons via Royal Sanders (Karium and Treaclemoon, consumer, 2024-2025) and Regional Rail (Cincinnati Eastern Railroad 2024, Minnesota Commercial Railway 2025). The platform continues active mid-market deployment alongside compounding Action exposure. Detailed buyer names and multiple data available on Pro at €29/month.
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