Epiris
Epiris is a London-based mid-market buyout firm formerly known as Electra Partners, which became independent from Electra Private Equity PLC in 2016 and manages more than GBP 2.75 billion across three successive funds. The firm targets control positions in UK-headquartered businesses with enterprise values between GBP 75 million and GBP 500 million. Authorised and regulated by the UK Financial Conduct Authority under firm reference number 765089. Registered in England and Wales as Epiris LLP.
Epiris is a London buyout firm with €3.2B AUM, 15 active companies and 10 exits.
- ·3 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 10 realized deals: 4 years.
- ·Best return: 4.8x MOIC on Audiotonix (2017).
- ·Fund cadence: ~6Y between vintages · last raise 2022.
Sector breakdown
25 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Epiris sold Bonhams to Pemberton Asset Management in 2025 after 7 years.
Epiris sold Portals to Drewsen Spezialpapiere in 2025 after 7 years.
Epiris sold Saunderson House to Rathbone Brothers in 2021 after 2 years.
Epiris sold TI Media to Future plc in 2020 after 2 years.
Coverage notes
3 funds tracked, 25 portfolio companies (15 active · 10 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Epiris has raised, with its portfolio companies. Hand-checked from public filings.
Epiris Fund IIIBuyout2022€1.2B9 assets1 exitsBuyout2022 · 4yr€1.2B91
Unrealized
9 held| Company | Entry |
|---|---|
| Amber Taverns Hospitality · UK | 2024 |
| Delinian TMT · UK | 2022 |
| GSF Car Parts Consumer · UK | 2023 |
| Inchcape Shipping Services Logistics · UK | 2022 |
| LoneStar Group Aerospace & Defence · UK | 2023 |
| Pure Cremation Consumer · UK | 2023 |
| Sepura Telecom · UK | 2022 |
| Stuart Turner Construction · UK | 2022 |
| Winterflood Business Services Fintech · UK | 2025 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Saunderson House Financials · UK | 2019 | 2021 | Trade Sale | Rathbone Brothers | – |
Epiris Fund IIBuyout2018€960M5 assets3 exitsBuyout2018 · 8yr€960M53
Unrealized
5 held| Company | Entry |
|---|---|
| Diamorph Industrials · Sweden | 2019 |
| Nucleus Fintech · UK | 2019 |
| Sharps Consumer · UK | 2021 |
| The Big Table Hospitality · UK | 2020 |
| The Club Company Hospitality · UK | 2018 |
Epiris FundBuyout2011€1.4B1 assets6 exitsBuyout2011 · 15yr€1.4B16
Unrealized
1 held| Company | Entry |
|---|---|
| Appello HealthTech · UK | 2012 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Audiotonix Industrials · UK | 2013 | 2017 | Secondary | Astorg | 4.8x |
| AXIO Business Services · UK | 2013 | 2017 | Trade Sale | Oakley Capital | – |
| CALA Group Real Estate · UK | 2013 | 2017 | Secondary | Patron Capital | – |
| Elian Business Services · UK | 2014 | 2016 | Trade Sale | Intertrust | – |
| FirstPort Business Services · UK | 2012 | 2019 | Secondary | Equistone Partners Europe | – |
| Hollywood Bowl Group Hospitality · UK | 2014 | 2016 | IPO | – | – |
About Epiris
Epiris is a UK upper-mid-market private equity firm with approximately £2.5 billion of assets under management as of December 2024 (Fund III closed February 2024 at a £1.044 billion hard cap, plus Fund II and continuation and co-invest vehicles), headquartered in London. The firm traces its origin to 1976 as Electra Partners (the private equity arm of Electra Investment Trust) before rebranding as Epiris in 2017 after becoming fully independent and ceasing to manage Electra Private Equity capital. Epiris operates as an independent partner-owned LLP.
Investment thesis
Epiris deploys capital through approximately three flagship funds (Epiris Fund I, II, III) plus continuation vehicles, targeting upper-mid-market control buyouts of UK-headquartered businesses with enterprise value of £75-500 million and £40-150 million equity per deal. The strategy targets situations with complexity such as carve-outs, broken processes and bank disposals, where complexity creates an entry-price advantage. Sector focus spans business services, consumer, media and information services, financial services, industrials and leisure and hospitality. Geographic deployment is UK-headquartered businesses with international expansion of portfolio companies.
Recent activity
Recent realised exits include information services (2025), auction house and luxury (2025) and consumer and funeral services structured minority (2024). Recent acquisitions include automotive aftermarket parts (2024), leisure and pubs (2024) and prepaid funeral plans (recent Fund III deal). The platform continues active deployment of Fund III across the UK upper-mid-market complexity mandate.
Frequently asked questions
- What investment strategy does Epiris focus on?
- Epiris focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Epiris have?
- Epiris has 15 active portfolio companies and 10 completed exits and 3 funds tracked on GP Intel.
- Where is Epiris headquartered?
- Epiris is headquartered in London, United Kingdom.
- What is Epiris's assets under management?
- Epiris manages approximately €3.2B in assets under management.
- When was Epiris founded?
- Epiris was founded in 2016.
- What sectors does Epiris invest in?
- Epiris invests across Industrials, Business Services, Consumer, TMT, Financials.
- What are Epiris's recent exits?
- Recent realized exits by Epiris include: Bonhams (2025) to Pemberton Asset Management; Portals (2025) to Drewsen Spezialpapiere; Saunderson House (2021) to Rathbone Brothers; TI Media (2020) to Future plc, 2.0x; FirstPort (2019) to Equistone Partners Europe; Audiotonix (2017) to Astorg, 4.8x; AXIO (2017) to Oakley Capital; CALA Group (2017) to Patron Capital.
Similar firms
Other private equity firms tracked on GP Intel.