Averroes Capital

About Averroes Capital

Averroes Capital Limited is a London-headquartered mid-market private equity investor based at Ground Floor, 77 Charlotte Street in London. Founded in 2019, the firm operates as a collaborative private equity platform backed by founding partners from the GCC corporate community, primarily Alfozan Holding (Saudi Arabia) and Nesma Holding (Saudi Arabia), with Abdulatif Alfozan on the board. Assets under management are not formally disclosed as of December 2024, with investment capacity communicated via ticket range rather than a named flagship fund. The structure is a deal-by-deal pledge-style investment platform backed by GCC strategic capital rather than a traditional blind-pool LP fund. Averroes Capital is a UN PRI signatory and a BVCA member. There are zero formally named blind-pool funds, with capital deployed deal-by-deal through special-purpose vehicles. The firm positions itself as a collaborative partner emphasising management-team alignment, flexibility on deal structure and operational partnership.

Investment thesis

Averroes Capital pursues mid-market control buyouts and growth-capital investments in established profitable UK and Irish businesses operating in specialised niches. The strategy frames itself as collaborative private equity, emphasising management-team alignment, flexibility on deal structure and operational partnership rather than pure financial engineering. Sector focus spans business services, industrials, IT and software, healthcare, education and consumer niches. Geographic scope is the United Kingdom and Ireland. Ticket size is GBP 15 to 70 million of equity per transaction, with some references narrowing the typical band to GBP 15 to 40 million with up-to-GBP 70 million for selected deals. The capital base is Alfozan Holding (Saudi Arabia, building products and diversified conglomerate) and Nesma Holding (Saudi Arabia, infrastructure, retail and services), plus other GCC professional investors and family offices. Value creation is collaboration with management on key hires, operational optimisation, access to international and notably GCC and MENA networks, and follow-on growth capital deployment, with an ESG and UN PRI framework.

Recent activity

Recent investments include Glacier Energy in industrials and energy services (completed buyout November 2024) and Journey Hospitality in software and hospitality SaaS (2022). The portfolio includes additional active platform investments across the UK and Ireland mid-market specialised-niche universe. No exits have been documented in primary sources as of December 2024, consistent with the firm 2019 vintage and the first deal closing in 2022. The platform continues to deploy GCC strategic capital across the UK and Ireland mid-market through bilateral and pledge-style processes.

Frequently asked questions

What investment strategy does Averroes Capital focus on?

Averroes Capital focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does Averroes Capital have?

Averroes Capital has 3 active portfolio companies and 1 fund tracked on GP Intel.

Where is Averroes Capital headquartered?

Averroes Capital is headquartered in London, United Kingdom.

What is Averroes Capital's assets under management?

Averroes Capital manages approximately €53M in assets under management.

When was Averroes Capital founded?

Averroes Capital was founded in 2020.

What sectors does Averroes Capital invest in?

Averroes Capital invests across Business Services, Industrials, Software, Healthcare, Consumer.