Rubicon Partners
Rubicon Partners is a London-based lower-mid-market private equity firm founded in 1993 that specialises in control buyouts, corporate carve-outs and turnarounds of complex industrial businesses in manufacturing, engineering, distribution and services. It takes a hands-on operational approach to companies with enterprise values of roughly GBP 10 million to GBP 200 million across the United Kingdom and Europe. Having invested deal-by-deal for most of its history, the firm raised its first institutional fund (Rubicon Partners V) in 2022 and a second (Rubicon Partners VI) which closed in 2025, with Connection Capital among its investors. It reports around USD 413 million of capital under management.
Rubicon Partners is a London buyout firm with €383M AUM, 13 active companies and 3 exits.
- ·Average hold across 3 realized deals: 4 years.
- ·Top sector focus: Industrials (63% of portfolio).
Sector breakdown
16 companiesKey facts
Recent exits
Rubicon Partners sold Avove to H.I.G. Capital in 2026 after 4 years.
Rubicon Partners sold CMD to Luceco plc in 2024 after 1 year.
Rubicon Partners sold Farsound Aviation to AGIC Capital in 2019 after 8 years.
Coverage notes
1 fund tracked, 16 portfolio companies (13 active · 3 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Rubicon Partners has raised, with its portfolio companies. Hand-checked from public filings.
Rubicon PartnersEvergreen1993€383M13 assets3 exitsEvergreen1993 · 33yr€383M133
Unrealized
13 held| Company | Entry |
|---|---|
| Airedale Industrials · UK | 2021 |
| Airedale Group Business Services · UK | 2021 |
| Aquamain Business Services · UK | 2018 |
| Bamboo Connect Industrials · UK | 2022 |
| Centriforce Industrials · UK | 2024 |
| Consolidated Timber Holdings Industrials · UK | 2021 |
| EnServe Business Services · UK | 2016 |
| Erodex Industrials · UK | 2026 |
| FLSmidth Air Pollution Control Industrials · UK | 2025 |
| Jacopa Industrials · UK | 2024 |
| O&S Doors Industrials · UK | 2023 |
| Park Sheet Metal Industrials · UK | 2019 |
| Volvox Group Mobility · UK | 2015 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Avove Business Services · UK | 2022 | 2026 | Secondary | H.I.G. Capital | – |
| CMD Industrials · UK | 2023 | 2024 | Trade Sale | Luceco plc | – |
| Farsound Aviation Aerospace & Defence · UK | 2011 | 2019 | Trade Sale | AGIC Capital | – |
Frequently asked questions
- What investment strategy does Rubicon Partners focus on?
- Rubicon Partners focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Rubicon Partners have?
- Rubicon Partners has 13 active portfolio companies and 3 completed exits and 1 fund tracked on GP Intel.
- Where is Rubicon Partners headquartered?
- Rubicon Partners is headquartered in London, United Kingdom.
- What is Rubicon Partners's assets under management?
- Rubicon Partners manages approximately €383M in assets under management.
- When was Rubicon Partners founded?
- Rubicon Partners was founded in 1993.
- What sectors does Rubicon Partners invest in?
- Rubicon Partners invests across Industrials, Business Services.
- What are Rubicon Partners's recent exits?
- Recent realized exits by Rubicon Partners include: Avove (2026) to H.I.G. Capital; CMD (2024) to Luceco plc; Farsound Aviation (2019) to AGIC Capital.
Similar firms
Other private equity firms tracked on GP Intel.