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Elysian Capital

Elysian Capital

London, United Kingdom·Founded 2007··elysiancapital.com

Elysian Capital LLP is a London lower and mid-market private equity firm founded in 2007 by Ken Terry and Chai Patel, backing management buyouts of profitable UK and Ireland businesses with enterprise values of around GBP 20m to GBP 100m. It has raised three funds: Elysian Capital I (GBP 130m, 2010), Elysian Capital II (GBP 250m, 2015) and Elysian Capital III (GBP 325m, 2020). The firm is authorised and regulated by the UK Financial Conduct Authority under firm reference number 476691.

AUM
–
Funds
3
vintages 2008–2020
Portfolio
11
Exits
13

Elysian Capital is a London buyout firm with 11 active companies and 13 exits.

Key takeaways
  • ·7 exits in the last 5 years · consistent DPI cadence.
  • ·Average hold across 13 realized deals: 7 years.
  • ·Best return: 6.0x MOIC on BXTAccelyon (2026).
  • ·Top sector focus: Business Services (29% of portfolio).
  • ·Fund cadence: ~6Y between vintages · last raise 2020.

Sector breakdown

24 companies
Business Services
7 · 29%
Industrials
5 · 21%
Healthcare
3 · 13%
Consumer
2 · 8%
Construction
2 · 8%
Energy
1 · 4%
Pharma
1 · 4%
ClimateTech
1 · 4%

Geography breakdown

2 geographies
UK
22 · 92%
Ireland
2 · 8%

Key facts

HQLondon, United Kingdom
Founded2007

Recent exits

Elysian Capital sold BXTAccelyon to Management in 2026 after 13 years.

6.0x

Elysian Capital exited Fastway Couriers in 2025 after 3 years.

Key Travel

Elysian Capital sold Key Travel to Trip.com in 2025 after 7 years.

Elysian Capital sold Sambro International to HTI Group in 2024 after 8 years.

Coverage notes

3 funds tracked, 24 portfolio companies (11 active · 13 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

3 funds
Elysian Capital III
Buyout2020€380M7 assets1 exits

Unrealized

7 held
CompanyEntry
Activate Group
Business Services · UK
2024
Cross Rental Services
Industrials · UK
2021
D3O
Industrials · UK
2021
Eton Bridge Partners
Business Services · UK
2021
Gravity Global
Business Services · UK
2021
IMS Euro
Healthcare · UK
2025
Wholebake
Consumer · UK
2021

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Fastway Couriers
Business Services · Ireland
20222025–––
Elysian Capital II
Buyout2015€293M4 assets4 exits

Unrealized

4 held
CompanyEntry
Aspirations Care
Healthcare · UK
2019
Kinetic Solutions Group
Industrials · UK
2020
Mergon
Industrials · Ireland
2019
Raymond Brown
Construction · UK
2016

Realized

4 exits
CompanyEntryExitTypeBuyerMOIC
Key Travel
Business Services · UK
20182025Trade SaleTrip.com–
Sambro International
Consumer · UK
20162024Trade SaleHTI Group–
The Pebble Group
Business Services · UK
20172019IPO–4.3x
United Living
Construction · UK
20172023Trade SaleApollo Global Management–
Elysian Capital I
Buyout2008€152M0 assets8 exits

Realized

8 exits
CompanyEntryExitTypeBuyerMOIC
Axis Well Technology
Energy · UK
20132023Trade SaleRSK Group–
BXTAccelyon
Healthcare · UK
20132026MBOManagement6.0x
IPS Specials
Pharma · UK
20102022MBOManagement–
Kelling Group
Industrials · UK
20142018Trade SaleAlinda Capital Partners–
Tekmar Energy
ClimateTech · UK
20112018IPO––
The Landscape Group
Business Services · UK
20082015Trade SaleIdverde–
Volvox Group
Mobility · UK
20112015Trade SaleRubicon Partners–
Wellbeing Software
HealthTech · UK
20142020Trade SaleThe Citadel Group4.5x

About Elysian Capital

Elysian Capital is a UK and Ireland lower-mid-market private equity firm with approximately £700 million of cumulative assets as of December 2024 (Fund III closed October 2020 at £325 million hard cap), headquartered in London. The firm was founded in 2007 by Ken Terry and Mark Puttick (Mark Puttick now CEO) and operates as a partner-owned LLP with unusually high personal capital commitments by partners. The 'More than a private equity firm. We're true partners' positioning reflects the partner-aligned model with significant personal capital commitments above industry norms.

Investment thesis

Elysian Capital deploys capital through three flagship funds (Elysian Capital I, II, III), targeting UK and Ireland lower-mid-market private equity acquiring majority stakes in growth businesses valued £20-100 million. The strategy emphasises partnership with entrepreneurial management teams plus operational value creation. Sector focus spans healthcare, business services, industrials, energy and utilities, business goods and marketing services. Geographic deployment is UK and Ireland core with US expansion support for portfolio companies.

Recent activity

Recent realised exits include industrials (Elysian II portfolio realisations, December 2025) and healthcare and industrials (United Living, 2023). Recent acquisitions include healthcare (IMS Euro, veterinary consumables, April 2025), business services (Activate Group, accident management, January 2024) and marketing services (Avant Group bolt-on for Gravity Global, July 2025; Gravity Global US bolt-ons, September 2025). The platform continues active deployment across the partner-aligned lower-mid-cap mandate.

Frequently asked questions

What investment strategy does Elysian Capital focus on?
Elysian Capital focuses on Buyout strategies in the private equity space.
How many portfolio companies does Elysian Capital have?
Elysian Capital has 11 active portfolio companies and 13 completed exits and 3 funds tracked on GP Intel.
Where is Elysian Capital headquartered?
Elysian Capital is headquartered in London, United Kingdom.
When was Elysian Capital founded?
Elysian Capital was founded in 2007.
What sectors does Elysian Capital invest in?
Elysian Capital invests across Healthcare, Industrials, Business Services, Consumer, Energy.
What are Elysian Capital's recent exits?
Recent realized exits by Elysian Capital include: BXTAccelyon (2026) to Management, 6.0x; Key Travel (2025) to Trip.com; Sambro International (2024) to HTI Group; United Living (2023) to Apollo Global Management; Axis Well Technology (2023) to RSK Group; IPS Specials (2022) to Management; Wellbeing Software (2020) to The Citadel Group, 4.5x; Kelling Group (2018) to Alinda Capital Partners.
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Last updated August 2026 · Sourced from public filings · Report an issue