What investment strategy does CBPE Capital focus on?

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

How many portfolio companies does CBPE Capital have?

CBPE Capital has 13 active portfolio companies and 7 completed exits and 3 funds tracked on GP Intel.

Where is CBPE Capital headquartered?

CBPE Capital is headquartered in London, United Kingdom.

What is CBPE Capital's assets under management?

CBPE Capital manages approximately €1.7B in assets under management.

When was CBPE Capital founded?

CBPE Capital was founded in 1984.

What sectors does CBPE Capital invest in?

CBPE Capital invests across Business Services, Healthcare, TMT, Financials, Industrials, Consumer.

What are CBPE Capital's recent exits?

Recent realized exits by CBPE Capital include: Simbec-Orion (2026) to Caidya; The Key Group (2025) to Permira; Centralis (2025) to HGGC, 5.3x; Perspective Financial Group (2024) to Charlesbank Capital Partners, 5.4x; SAFECHEM (2024) to Itelyum; Rodericks Dental (2022) to CapVest; Xceptor (2021) to Astorg, 10.8x.

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CBPE Capital

London, United Kingdom·Founded 1984·

Buyout Growth Equity

·cbpe.com

CBPE Capital LLP is a London-based lower and mid-market private equity firm founded in 1984 as Close Brothers Private Equity, becoming independent through a management buyout in 2008. It invests in primary buyouts of UK and Ireland companies with enterprise values of around GBP 25 million to GBP 150 million across business services, healthcare, technology, financial services, industrials and consumer sectors. CBPE closed its latest fund, CBPE Fund XI, at its GBP 714 million hard cap in March 2025, following Fund X (GBP 561 million, 2020) and Fund IX (GBP 459 million, 2016). The firm is authorised and regulated by the UK Financial Conduct Authority under firm reference number 229900.

AUM

€1.7B

Funds

vintages 2016–2025

Portfolio

Exits

CBPE Capital is a London buyout firm with €1.7B AUM, 13 active companies and 7 exits.

SectorsBusiness Services Healthcare TMT Financials Industrials Consumer

Key takeaways

·7 exits in the last 5 years · consistent DPI cadence.
·Average hold across 7 realized deals: 6 years.
·Best return: 10.8x MOIC on Xceptor (2021).
·Fund cadence: ~5Y between vintages · last raise 2025.

Sector breakdown

20 companies

Business Services

4 · 20%

Healthcare

4 · 20%

IT Services

2 · 10%

Financials

2 · 10%

Industrials

2 · 10%

HealthTech

1 · 5%

Consumer

1 · 5%

LegalTech

1 · 5%

Geography breakdown

4 geographies

17 · 85%

Ireland

1 · 5%

Luxembourg

1 · 5%

Germany

1 · 5%

Key facts

HQLondon, United Kingdom

Founded1984

Employees29+

Websitecbpe.com

Recent exits

CBPE Capital sold Simbec-Orion to Caidya in 2026 after 7 years.

CBPE Capital sold The Key Group to Permira in 2025 after 5 years.

CBPE Capital sold Centralis to HGGC in 2025 after 5 years.

5.3x

CBPE Capital sold Perspective Financial Group to Charlesbank Capital Partners in 2024 after 5 years.

5.4x

Partners

Ian MooreManaging Partner

Anand JainPartner

Mathew HutchinsonPartner

Jolyon LatimerPartner

Coverage notes

3 funds tracked, 20 portfolio companies (13 active · 7 realized). Verified weekly from public filings and deal announcements.

Investment team

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

Ian Moore

Managing Partner

Anand Jain

Partner

Mathew Hutchinson

Partner

Jolyon Latimer

Partner

Funds & portfolio

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

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

CBPE Fund XI

Buyout2025€835M4 assets

Buyout

2025 · 1yr

€835M

–

Unrealized

4 held

Company	Entry
Access Infinity HealthTech · UK	2026
Brookbanks Consulting Business Services · UK	2026
Tetra Consulting Business Services · UK	2025
Velociti Solutions IT Services · UK	2025

CBPE Capital Fund X

Buyout2020€656M8 assets1 exits

Buyout

2020 · 6yr

€656M

Unrealized

8 held

Company	Entry
Banner Consumer · UK	2021
Clifton Asset Management Financials · UK	2024
HealthNet Homecare Healthcare · UK	2024
HF LegalTech · UK	2025
HGF Business Services · UK	2024
Snigel AdTech · Ireland	2023
TREND Networks Industrials · UK	2018
Veincentre Healthcare · UK	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
The Key Group IT Services · UK	2020	2025	Secondary	Permira	–

CBPE Capital Fund IX

Buyout2016€537M1 assets6 exits

Buyout

2016 · 10yr

€537M

Unrealized

1 held

Company	Entry
Blatchford MedTech · UK	2018

Realized

6 exits

Company	Entry	Exit	Type	Buyer	MOIC
Centralis Business Services · Luxembourg	2020	2025	Secondary	HGGC	5.3x
Perspective Financial Group Financials · UK	2019	2024	Secondary	Charlesbank Capital Partners	5.4x
Rodericks Dental Healthcare · UK	2017	2022	Secondary	CapVest	–
Safechem Industrials · Germany	2016	2024	Trade Sale	Itelyum	–
Simbec-Orion Healthcare · UK	2019	2026	Trade Sale	Caidya	–
Xceptor Fintech · UK	2017	2021	Secondary	Astorg	10.8x

About CBPE Capital

CBPE Capital is a UK and Ireland mid-market private equity firm with approximately £1.6 billion of assets under management as of December 2024 (with Fund XI closing at £714 million hard cap in 2025), headquartered in London. The firm was founded in 1984 as Close Brothers Private Equity before becoming an independent buyout in 2009. CBPE remains a partner-owned independent LLP with a 40 plus year continuous UK mid-cap buyout franchise.

Investment thesis

CBPE deploys capital through 11 active fund vintages (Fund X 2021, Fund XI closed April 2025 at £714 million), targeting UK and Ireland primary buyouts in cash-generative growth companies with enterprise values up to £175 million. Sector focus spans business services, healthcare and pharmaceuticals, financial services, technology, industrials and consumer and leisure, with geographic deployment concentrated on UK and Ireland mid-market opportunities. The primary-buyout discipline combined with high mid-cap repeat-conversion track record reflects the platform's long-tenured team and disciplined sourcing approach.

Recent activity

Recent realised exits include healthcare and CRO (2024), corporate services and admin (February 2025) and education services (November 2025). Recent acquisitions include Clifton Asset Management (financial services, October 2024), Tetra Consulting (March 2025) and Access Infinity (February 2026). The platform continues active deployment of Fund XI.

Frequently asked questions

What investment strategy does CBPE Capital focus on?: CBPE Capital focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does CBPE Capital have?: CBPE Capital has 13 active portfolio companies and 7 completed exits and 3 funds tracked on GP Intel.
Where is CBPE Capital headquartered?: CBPE Capital is headquartered in London, United Kingdom.
What is CBPE Capital's assets under management?: CBPE Capital manages approximately €1.7B in assets under management.
When was CBPE Capital founded?: CBPE Capital was founded in 1984.
What sectors does CBPE Capital invest in?: CBPE Capital invests across Business Services, Healthcare, TMT, Financials, Industrials, Consumer.
What are CBPE Capital's recent exits?: Recent realized exits by CBPE Capital include: Simbec-Orion (2026) to Caidya; The Key Group (2025) to Permira; Centralis (2025) to HGGC, 5.3x; Perspective Financial Group (2024) to Charlesbank Capital Partners, 5.4x; SAFECHEM (2024) to Itelyum; Rodericks Dental (2022) to CapVest; Xceptor (2021) to Astorg, 10.8x.