Foresight Group
Foresight Group is a London Stock Exchange listed investment manager (LSE: FSG), whose management entity Foresight Group LLP is authorised and regulated by the FCA (FRN 198020), with around GBP 13.2bn of assets under management at FY25 across infrastructure, real assets and regional private equity. Its regional private equity and VCT platform provides growth and buyout capital to smaller companies across the UK and Ireland through a series of dedicated regional funds.
Foresight Group is a London buyout firm with €15.4B AUM, 9 active companies and 12 exits.
- ·11 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 12 realized deals: 5 years.
- ·Best return: 15.7x MOIC on Codeplay Software (2022).
- ·Fund cadence: ~4Y between vintages · last raise 2025.
Sector breakdown
21 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Foresight Group sold TES Group to Legrand in 2026 after 2 years.
Foresight Group sold FIS Chemicals to Shrieve Chemical Company in 2026 after 6 years.
Foresight Group sold Fieldway to Axis CLC Group in 2026 after 8 years.
Foresight Group sold Substantive Research to Euronext in 2024 after 4 years.
Partners
Coverage notes
8 funds tracked, 21 portfolio companies (9 active · 12 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 Foresight Group has raised, with its portfolio companies. Hand-checked from public filings.
Foresight Regional Investment Fund VIIISmall-Mid Buyout2025€105M2 assetsSmall-Mid Buyout2025 · 1yr€105M2–
AIB Foresight SME Impact FundGrowth2022€55M0 assets1 exitsGrowth2022 · 4yr€55M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| TES Group Industrials · Ireland | 2024 | 2026 | Trade Sale | Legrand | 4.0x |
Foresight Scotland FundSmall-Mid Buyout2021€70M0 assets1 exitsSmall-Mid Buyout2021 · 5yr€70M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| FIS Chemicals Industrials · UK | 2020 | 2026 | Trade Sale | Shrieve Chemical Company | 4.2x |
Foresight East of England FundSmall-Mid Buyout2019€117M2 assetsSmall-Mid Buyout2019 · 7yr€117M2–
Unrealized
2 held| Company | Entry |
|---|---|
| RFB Containers Industrials · UK | 2023 |
| We Are Fulfilment Logistics · UK | 2023 |
Foresight Scottish Growth FundGrowth2019€37M0 assets1 exitsGrowth2019 · 7yr€37M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Substantive Research Fintech · UK | 2020 | 2024 | Trade Sale | Euronext | 2.4x |
Foresight Regional Investment FundSmall-Mid Buyout2017€68M5 assets7 exitsSmall-Mid Buyout2017 · 9yr€68M57
Unrealized
5 held| Company | Entry |
|---|---|
| Connective3 TMT · UK | 2026 |
| Optera TMT · UK | 2026 |
| Pivot SaaS · UK | 2026 |
| Sprint Electric Industrials · UK | 2023 |
| Vestd SaaS · UK | 2026 |
Realized
7 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Clubhouse Golf E-commerce · UK | 2017 | 2020 | Trade Sale | all4golf (Golf Versand Hannover) | 6.1x |
| Codeplay Software Deep Tech · UK | 2018 | 2022 | Trade Sale | Intel | 15.7x |
| Fieldway Business Services · UK | 2018 | 2026 | Trade Sale | Axis CLC Group | – |
| Fresh Relevance SaaS · UK | 2017 | 2023 | Trade Sale | Dotdigital Group | 4.0x |
| Hedges Direct Group E-commerce · UK | 2016 | 2021 | MBO | Steve Caunce, former AO World CEO | 5.6x |
| Mi Healthcare Healthcare · UK | 2016 | 2022 | Trade Sale | Probo Medical | 4.1x |
| Mowgli Street Food Hospitality · UK | 2017 | 2023 | Secondary | TriSpan | 3.5x |
Foresight Nottingham FundRealisingSmall-Mid Buyout2013€46M0 assets1 exitsSmall-Mid Buyout2013 · 13yr€46M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Poppy & Jacks Nursery Group Education · UK | 2016 | 2021 | Trade Sale | Kids Planet Day Nurseries | 2.5x |
Foresight VCT plcVC1997€250M0 assets1 exitsVC1997 · 29yr€250M01
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Specac International Industrials · UK | 2015 | 2024 | Trade Sale | Ampersand Capital Partners | 10.3x |
About Foresight Group
Foresight Group is an alternative investment platform with capital deployed across 1 active fund vehicles, headquartered in London. The firm deploys capital across European mid and small-cap businesses spanning energy, software, TMT and industrials.
Investment thesis
The platform combines complementary investment strategies, deploying capital across energy, software, TMT and industrials 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 1 dedicated investment vehicle, 16 active portfolio companies and 0 realised exits across the strategy's history.
Frequently asked questions
- What investment strategy does Foresight Group focus on?
- Foresight Group focuses on Buyout, Growth, VC strategies in the private equity space.
- How many portfolio companies does Foresight Group have?
- Foresight Group has 9 active portfolio companies and 12 completed exits and 8 funds tracked on GP Intel.
- Where is Foresight Group headquartered?
- Foresight Group is headquartered in London, United Kingdom.
- What is Foresight Group's assets under management?
- Foresight Group manages approximately €15.4B in assets under management.
- When was Foresight Group founded?
- Foresight Group was founded in 2001.
- What sectors does Foresight Group invest in?
- Foresight Group invests across Software, Industrials, Consumer, Business Services, Healthcare.
- What are Foresight Group's recent exits?
- Recent realized exits by Foresight Group include: TES Group (2026) to Legrand, 4.0x; FIS Chemicals (2026) to Shrieve Chemical Company, 4.2x; Fieldway (2026) to Axis CLC Group; Substantive Research (2024) to Euronext, 2.4x; Specac International (2024) to Ampersand Capital Partners, 10.3x; Fresh Relevance (2023) to Dotdigital Group, 4.0x; Mowgli Street Food (2023) to TriSpan, 3.5x; Codeplay Software (2022) to Intel, 15.7x.
Similar firms
Other private equity firms tracked on GP Intel.