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August Equity

August Equity

London, United Kingdom·Founded 2001··augustequity.com

August Equity is a London-based private equity firm investing in lower mid-market, service-led UK businesses through primary buyouts across healthcare, education, business services and B2B software. Founded in 2001, the firm has raised six funds in 20 years; Fund VI closed at GBP 350m in October 2025, its largest to date. August Equity LLP is authorised by the FCA (FRN 458635).

AUM
–
Funds
2
vintages 2020–2025
Portfolio
15
Exits
25

August Equity is a London buyout firm with 15 active companies and 25 exits.

Key takeaways
  • ·11 exits in the last 5 years · consistent DPI cadence.
  • ·Average hold across 25 realized deals: 6 years.
  • ·Best return: 5.3x MOIC on Zenergi (2022).
  • ·Top sector focus: Healthcare (33% of portfolio).
  • ·Fund cadence: ~5Y between vintages · last raise 2025.

Sector breakdown

40 companies
Healthcare
13 · 33%
SaaS
5 · 13%
Business Services
5 · 13%
Education
3 · 8%
Consumer
3 · 8%
IT Services
2 · 5%
HealthTech
2 · 5%
Cybersecurity
2 · 5%

Geography breakdown

2 geographies
UK
37 · 93%
Ireland
3 · 8%

Key facts

HQLondon, United Kingdom
Founded2001

Recent exits

Hallmarq Veterinary Imaging

August Equity sold Hallmarq Veterinary Imaging to NORD Holding in 2026 after 8 years.

AAB

August Equity sold AAB to Goldman Sachs Alternatives in 2025 after 4 years.

Agilio Software

August Equity sold Agilio Software to Five Arrows / TA Associates in 2024 after 5 years.

Fosters Funeral Directors

August Equity sold Fosters Funeral Directors to Scotmid Co-operative in 2024 after 7 years.

Partners

David LonsdaleManaging Partner
Daniel VennPartner, COO
Kate CookPartner
Mike BiddulphPartner

Coverage notes

2 funds tracked, 40 portfolio companies (15 active · 25 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

David Lonsdale
Managing Partner
Daniel Venn
Partner, COO
Kate Cook
Partner
Mike Biddulph
Partner

Funds & portfolio

Every fund August Equity has raised, with its portfolio companies. Hand-checked from public filings.

2 funds
August Equity Partners VI
Buyout2025€410M6 assets

Unrealized

6 held
CompanyEntry
Alkimii
SaaS · Ireland
2026
Fargo Group
IT Services · UK
2024
Higgs
Business Services · UK
2025
Impact Futures
Education · UK
2024
Starpeak
InsurTech · UK
2026
Superbia Group
Business Services · UK
2025
August Equity Partners V
Buyout2020€351M9 assets25 exits

Unrealized

9 held
CompanyEntry
Air IT
IT Services · UK
2020
Business Systems
SaaS · UK
2020
Family First Nurseries
Education · UK
2019
Integrity360
Cybersecurity · Ireland
2021
Medivet
Healthcare · UK
2021
OneTouch
HealthTech · Ireland
2022
Orbis Education & Care
Healthcare · UK
2016
Polaris
SaaS · UK
2023
StarTraq
SaaS · UK
2023

Realized

25 exits
CompanyEntryExitTypeBuyerMOIC
3Si
Business Services · UK
20142018Trade SaleAlliance Marine–
AAB
Business Services · UK
20212025SecondaryGoldman Sachs Alternatives–
Active Assistance
Healthcare · UK
20112018SecondaryMontreux Capital Management–
Agilio Software
HealthTech · UK
20192024SecondaryFive Arrows / TA Associates–
Amtivo Group
Business Services · UK
20182022SecondaryCharterhouse Capital Partners–
Aspirations Care
Healthcare · UK
20112019SecondaryElysian Capital–
Berkeley Home Health
Healthcare · UK
20142021SecondaryTrinity Homecare–
Compass Community
Healthcare · UK
20122017SecondaryGraphite Capital–
Dental Partners
Healthcare · UK
20172022Trade SaleRodericks–
Enara
Healthcare · UK
20082012SecondaryMitie Group–
Fosters Funeral Directors
Consumer · UK
20172024SecondaryScotmid Co-operative–
Funeral Partners
Consumer · UK
20092016SecondaryMontagu Private Equity–
Hallmarq Veterinary Imaging
MedTech · UK
20182026SecondaryNORD Holding–
Independent Vetcare
Healthcare · UK
20112014SecondarySummit Partners–
Lifeways Community Care
Healthcare · UK
20072012SecondaryOMERS Private Equity–
Minerva Education Group
Education · UK
20132018SecondaryDukes Education Group–
Origin Group
Industrials · UK
20142018Trade SaleVetPartners–
Pet Cremation Services
Consumer · UK
20152021Trade SaleVetPartners–
Planit
Software · UK
20062011SecondaryVero Software–
SecureData
Cybersecurity · UK
20122019Trade SaleOrange–
Sonnet Care Homes
Healthcare · UK
20132023SecondaryGold Care Homes–
The Dermatology Partnership
Healthcare · UK
20182024Trade SaleBupa–
VetPartners
Healthcare · UK
20152018SecondaryBC Partners–
Wax Digital
SaaS · UK
20152019Trade SaleMedius–
Zenergi
ClimateTech · UK
20172022SecondaryECI Partners5.3x

About August Equity

August Equity is an alternative investment platform with capital deployed across 3 active fund vehicles, headquartered in London. The firm deploys capital across European mid and small-cap businesses spanning TMT, business services, financials, industrials and consumer.

Investment thesis

The platform combines complementary investment strategies, deploying capital across TMT, business services, financials, industrials and consumer businesses in the United Kingdom and broader European market. Multi-strategy capital deployment enables flexibility across the business lifecycle, with the partnership culture supporting management teams through growth, transmission and selective M&A across multiple fund vintages and asset classes.

Recent activity

Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 3 fund vehicles, 9 active portfolio companies and 0 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does August Equity focus on?
August Equity focuses on Buyout strategies in the private equity space.
How many portfolio companies does August Equity have?
August Equity has 15 active portfolio companies and 25 completed exits and 2 funds tracked on GP Intel.
Where is August Equity headquartered?
August Equity is headquartered in London, United Kingdom.
When was August Equity founded?
August Equity was founded in 2001.
What sectors does August Equity invest in?
August Equity invests across Healthcare, Business Services, TMT, Software.
What are August Equity's recent exits?
Recent realized exits by August Equity include: Hallmarq Veterinary Imaging (2026) to NORD Holding; AAB (2025) to Goldman Sachs Alternatives; Agilio Software (2024) to Five Arrows / TA Associates; Fosters Funeral Directors (2024) to Scotmid Co-operative; The Dermatology Partnership (2024) to Bupa; Sonnet Care Homes (2023) to Gold Care Homes; Amtivo Group (2022) to Charterhouse Capital Partners; Dental Partners (2022) to Rodericks.
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Last updated October 2026 · Sourced from public filings · Report an issue