What investment strategy does Aliter Capital focus on?

Aliter Capital focuses on Buyout strategies in the private equity space.

How many portfolio companies does Aliter Capital have?

Aliter Capital has 5 active portfolio companies and 3 completed exits and 2 funds tracked on GP Intel.

Where is Aliter Capital headquartered?

Aliter Capital is headquartered in Glasgow, United Kingdom.

What is Aliter Capital's assets under management?

Aliter Capital manages approximately €265M in assets under management.

When was Aliter Capital founded?

Aliter Capital was founded in 2016.

What sectors does Aliter Capital invest in?

Aliter Capital invests across Business Services.

Home/GPs/Aliter Capital

Aliter Capital

Glasgow, United Kingdom·Founded 2016·

Buyout

·alitercap.com

Aliter Capital LLP is a UK private-equity firm specialising in the UK support-services sector, founded in 2016/2017 by Billy Allan, Greig Brown, Andy Galloway and Andrew Busby. It pursues a buy-and-build platform strategy, backing…Read full bio

AUM

€265M

Funds

Portfolio

Exits

SectorsBusiness Services

Key facts

HQGlasgow, United Kingdom

Founded2016

Websitealitercap.com

Recent exits

MARCH

Industrials · 2024

Ipsum Utilities

Industrials · 2023

North

IT Services · 2021

Coverage notes

2 funds tracked, 8 portfolio companies (5 active · 3 realized). Verified weekly from public filings and deal announcements.

About Aliter Capital

Aliter Capital is an operator-led buy-and-build specialist focused on UK SME support-services businesses with approximately £226 million of cumulative assets under management as of December 2024 (Fund I £92 million 2017, Fund II £134 million launched December 2022, firm cites £242 million raised across funds), headquartered in Glasgow, Scotland. The firm was founded in 2016 by support-services entrepreneurs and investors Billy Allan, Greig Brown, Andy Galloway and Andrew Busby, operating as a partner-owned LLP with founders who are former operators and business builders. Aliter has completed 30 plus transactions.

Investment thesis

Aliter Capital deploys capital through two funds (Aliter Capital I, Aliter Capital II), targeting buy-and-build platform investing in UK SME support-services businesses, backing owner-managers with a share-risk-and-reward operator-led model. Sector focus spans support services, IT and digital transformation services, cloud and managed services, critical national infrastructure, data and AI services and technology-enabled business services. Geographic deployment is the United Kingdom. The platform is an operator-led buy-and-build specialist focused exclusively on UK support-services SMEs.

Recent activity

No major fund-level exit was publicly disclosed for 2024-2026 with the portfolio in active build phase. Recent acquisitions include (via platform TXP) IT and cloud modernisation services (Metatech, 2025) and AWS cloud services (Vigil, 2025), plus the launch of Serbus Group as a unified critical-national-infrastructure brand (2024-2025). The platform continues active deployment across the UK support-services buy-and-build mandate. Detailed buyer names and multiple data available on Pro at €49/month.