Rutland Partners
Rutland Partners LLP is a London-based private equity firm specialising in special-situations, turnaround and value buyout investments in UK mid-market companies, having deployed over GBP 770m across three funds since launching its private equity model in 2000. The firm is authorised and regulated by the Financial Conduct Authority and typically provides GBP 10-50m of equity for businesses requiring operational or financial transformation.
Rutland Partners is a London buyout firm with 7 active companies and 20 exits.
- ·3 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 20 realized deals: 5 years.
- ·Best return: 6.6x MOIC on JSM Group (2024).
- ·Top sector focus: Consumer (30% of portfolio).
- ·Fund cadence: ~6Y between vintages · last raise 2015.
Sector breakdown
27 companiesGeography breakdown
2 geographiesKey facts
Recent exits
Rutland Partners sold Aston Barclay to Constellation Automotive Group in 2025 after 8 years.
Rutland Partners sold JSM Group to TowerBrook Capital Partners in 2024 after 3 years.
Rutland Partners sold Total Rail Solutions to Readypower Group in 2023 after 5 years.
Rutland Partners sold Armitage Pet Care to Spectrum Brands in 2020 after 3 years.
Coverage notes
3 funds tracked, 27 portfolio companies (7 active · 20 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 Rutland Partners has raised, with its portfolio companies. Hand-checked from public filings.
Rutland Fund IIIRealizedBuyout2015€308M5 assets3 exitsBuyout2015 · 11yr€308M53
Unrealized
5 held| Company | Entry |
|---|---|
| HCC Industrials · UK | 2019 |
| Omar Group Consumer · UK | 2017 |
| Southgate Global Industrials · UK | 2021 |
| Walstead Group Industrials · UK | 2016 |
| Woodall Nicholson Mobility · UK | 2020 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Aston Barclay Business Services · UK | 2017 | 2025 | Trade Sale | Constellation Automotive Group | – |
| JSM Group Business Services · UK | 2021 | 2024 | Trade Sale | TowerBrook Capital Partners | 6.6x |
| Total Rail Solutions Mobility · UK | 2018 | 2023 | Trade Sale | Readypower Group | – |
Rutland Fund IIRealizedBuyout2007€377M2 assets8 exitsBuyout2007 · 19yr€377M28
Unrealized
2 held| Company | Entry |
|---|---|
| Bernard Matthews Consumer · UK | 2013 |
| Buy As You View Consumer · UK | 2012 |
Realized
8 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| AFI-Uplift Construction · UK | 2013 | 2019 | MBO | Pricoa Capital Group | – |
| Armitage Pet Care Consumer · UK | 2017 | 2020 | Trade Sale | Spectrum Brands | 5.7x |
| Brandon Hire Construction · UK | 2010 | 2017 | Trade Sale | Vp plc | 2.6x |
| CeDo Industrials · UK | 2009 | 2014 | Trade Sale | Straco Investments | 2.8x |
| Gardman Consumer · UK | 2015 | 2018 | Trade Sale | Westland Horticulture | – |
| Maplin Consumer · UK | 2014 | 2018 | – | – | – |
| Millbrook Business Services · UK | 2013 | 2016 | Trade Sale | Spectris | 6.2x |
| Pizza Hut Restaurants UK Hospitality · UK | 2012 | 2018 | MBO | Jens Hofma | – |
Rutland FundRealizedBuyout2004€246M0 assets9 exitsBuyout2004 · 22yr€246M09
Realized
9 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Advantage Healthcare Healthcare · UK | 2005 | 2012 | Trade Sale | Interserve | – |
| Attends Healthcare MedTech · UK | 2007 | 2012 | Trade Sale | Domtar | – |
| Carron Energy Energy · UK | 2006 | 2010 | Trade Sale | Deutsche Bank | 4.0x |
| Edinburgh Woollen Mill Consumer · UK | 2001 | 2003 | MBO | Philip Day | 2.0x |
| H&T Group Financials · UK | 2004 | 2006 | IPO | – | – |
| Interfloor Construction · UK | 2002 | 2005 | Secondary | European Acquisition Capital | – |
| NoteMachine Financials · UK | 2006 | 2012 | Trade Sale | Corsair Capital | 1.3x |
| Pulse Home Products Consumer · UK | 2007 | 2012 | Trade Sale | Jarden Corporation | 1.5x |
| Svensk Pantbelaning Financials · Sweden | 2004 | 2007 | Trade Sale | Preato Capital | – |
About Rutland Partners
Rutland Partners is a British private equity and investment platform with capital deployed across 3 active fund vehicles, headquartered in London. The firm operates across multiple alternative strategies, with capital deployed into European businesses across industrials, consumer, financials, business services and healthcare.
Investment thesis
Rutland Partners operates across complementary alternative investment strategies, deploying capital into European businesses across industrials, consumer, financials, business services and healthcare. The multi-strategy platform enables diversified capital deployment across the business lifecycle from venture and growth equity to mid-cap buyouts, with capital sourced from institutional limited partners and selective family-office capital across the United Kingdom and broader European market.
Recent activity
Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 3 fund vehicles, 46 active portfolio companies and 0 realised exits across the strategy's history.
Frequently asked questions
- What investment strategy does Rutland Partners focus on?
- Rutland Partners focuses on Buyout strategies in the private equity space.
- How many portfolio companies does Rutland Partners have?
- Rutland Partners has 7 active portfolio companies and 20 completed exits and 3 funds tracked on GP Intel.
- Where is Rutland Partners headquartered?
- Rutland Partners is headquartered in London, United Kingdom.
- When was Rutland Partners founded?
- Rutland Partners was founded in 2000.
- What sectors does Rutland Partners invest in?
- Rutland Partners invests across Industrials, Consumer, Healthcare, Business Services.
- What are Rutland Partners's recent exits?
- Recent realized exits by Rutland Partners include: Aston Barclay (2025) to Constellation Automotive Group; JSM Group (2024) to TowerBrook Capital Partners, 6.6x; Total Rail Solutions (2023) to Readypower Group; Armitage Pet Care (2020) to Spectrum Brands, 5.7x; AFI-Uplift (2019) to Pricoa Capital Group; Gardman (2018) to Westland Horticulture; Pizza Hut Restaurants UK (2018) to Jens Hofma; Brandon Hire (2017) to Vp plc, 2.6x.
Similar firms
Other private equity firms tracked on GP Intel.