Anticus Partners

About Anticus Partners

Anticus Partners Limited is a UK-based fund management company headquartered at Capitol Business Park in Dodworth, Barnsley, South Yorkshire. The firm operates as an independent regional fund manager with a structural mandate to deploy publicly-sponsored regional development capital across small and medium-sized enterprises in the Yorkshire and Humberside region. The current operating identity was adopted on 16 May 2019 following a sequence of earlier renamings, with the trading entity itself dating from 12 February 2010. The firm's primary fund vehicles are managed on behalf of Finance Yorkshire, the publicly-funded regional equity-gap funder for Yorkshire, including the Finance Yorkshire Equity Fund of approximately GBP 50 million, the Finance Yorkshire Growth Fund and the Finance Yorkshire Seedcorn Fund together approximately GBP 36 million. Total managed capital is in the order of GBP 80 to 90 million (approximately €95 to €105 million) as of December 2024, making Anticus a regionally focused micro-to-lower-mid-market manager.

Investment thesis

Anticus Partners pursues a regional development capital strategy that combines equity and growth-loan instruments to address the funding gap experienced by SMEs in Yorkshire and Humberside that are profitable or approaching profitability but unable to secure conventional bank finance or institutional venture capital. The investment thesis is explicitly regional and developmental rather than sector-thematic: target companies must be headquartered or significantly operationally based in the Yorkshire region, with the broader UK and selective European geographic remit reserved for follow-on or co-investment configurations. Sector focus is opportunistic across the local industrial base, with the disclosed portfolio spanning consumer food and beverage, digital and software, industrial services and construction, clean and sustainable technology, media and entertainment, and consumer brands. The Growth Fund deploys ticket sizes of up to GBP 1.5 million in growth loans and equity to companies seeking capital expenditure for productivity improvement, new product development or capital-structure restructuring.

Recent activity

Among Anticus Partners' disclosed portfolio investments are Spoon Cereals in consumer food and beverage, Loop Cashmere in direct-to-consumer apparel, TUBR in software and analytics, and Medwise.AI in healthcare digital intelligence, all live portfolio names through 2024. Among realisations, Anticus has recorded three exits over the life of its mandates: Interdoor UK in industrial services (December 2024), Chameleon Technology in energy monitoring and smart-meter, and U Account in financial services and challenger banking. The firm's portfolio of approximately 25 currently disclosed active investments alongside its closed positions reflects an exit cadence consistent with a regional development-capital mandate. Detailed buyer names and multiple data available on Pro at €49/month.