TDR Capital
TDR Capital is a London-based pan-European private equity firm founded in 2002 by Manjit Dale and Stephen Robertson, managing assets of over 15 billion euros across a single conviction-led mid and large-cap buyout strategy. The firm runs a concentrated portfolio of European businesses across consumer, leisure, business services and financials, and is authorised by the FCA under Firm Reference Number 216708.
Key facts
Recent exits
Coverage notes
7 funds tracked, 31 portfolio companies (20 active · 11 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
31 companiesFunds & portfolio
Every fund TDR Capital has raised, with its portfolio companies. Hand-checked from public filings.
TDR Capital TitanBuyout2025 · 1yr€977M1 active
Unrealized
1 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Hospitality |  UK | 2025 |
UK· Entry 2025TDR Capital VBuyout2024 · 2yr€4.2B2 active
Unrealized
2 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer |  Italy | 2024 | |
| Business Services |  Spain | 2024 |
Italy· Entry 2024Spain· Entry 2024TDR Capital SOF IBuyout2023 · 3yr€500M5 active
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Hospitality |  France | 2018 | |
| Diversified | UK | 2025 | |
| Business Services | UK | 2025 | |
| Consumer | UK | 2024 | |
| Hospitality | UK | 2024 |
France· Entry 2018UK· Entry 2025UK· Entry 2025UK· Entry 2024UK· Entry 2024TDR Capital IVBuyout2019 · 7yr€3.5B5 active · 2 realized
Unrealized
5 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Business Services | UK | 2021 | |
| Financials | UK | 2021 | |
| Consumer | UK | 2020 | |
| Consumer | UK | 2019 | |
| Education | UK | 2021 |
UK· Entry 2021UK· Entry 2021UK· Entry 2020UK· Entry 2019UK· Entry 2021Realized
2 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Consumer |  Germany | 2019 | 2026 | Trade Sale | – | ||
| Hospitality |  Sweden | 2019 | 2026 | Trade Sale | – |
TDR Capital IIIBuyout2013 · 13yr€2.1B4 active · 5 realized
Unrealized
4 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer | UK | 2015 | |
| Financials | UK | 2013 | |
| Business Services |  US | 2019 | |
| Industrials | US | 2017 |
UK· Entry 2015UK· Entry 2013US· Entry 2019US· Entry 2017Realized
5 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Financials |  Netherlands | 2016 | 2025 | Secondary | – | ||
| Hospitality | UK | 2013 | 2025 | Continuation Vehicle | – | ||
| Hospitality |  Norway | 2014 | 2024 | Recapitalization | – | ||
| Business Services | UK | 2014 | 2017 | Secondary | – | ||
| Construction | UK | 2014 | 2021 | Secondary | – |
TDR Capital IIBuyout2007 · 19yr€1.8B3 active · 1 realized
Unrealized
3 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Industrials | UK | 2004 | |
| Hospitality | UK | 2010 | |
| Business Services | UK | 2010 |
UK· Entry 2004UK· Entry 2010UK· Entry 2010Realized
1 exit| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Financials | UK | 2011 | 2015 | Secondary | – |
TDR Capital IBuyout2003 · 23yr€565M0 active · 3 realized
Realized
3 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Business Services | France | 2004 | 2011 | Trade Sale | – | ||
| Financials | UK | 2005 | 2009 | Secondary | – | ||
| Hospitality | UK | 2003 | 2014 | Secondary | – |
Saved GPs appear in your watchlist, one click from your workspace.
About TDR Capital
TDR Capital is an alternative investment platform with capital deployed across 9 active fund vehicles, headquartered in London. The firm deploys capital across European mid and small-cap businesses spanning consumer, business services, financials, TMT and industrials.
Investment thesis
The platform combines complementary investment strategies, deploying capital across consumer, business services, financials, 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
Recent realised exits include LPR (business services, 2011). The platform tracks 9 fund vehicles, 29 active portfolio companies and 1 realised exit across the strategy's history. Detailed buyer names and multiple data available on Pro at €29/month.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Similar firms
Other private equity firms tracked on GP Intel.
United Kingdom·€15.4B
United Kingdom·€14.0B
United Kingdom·€13.8B
United Kingdom·€12.7B
United Kingdom·€18.0B
United Kingdom·€11.0B
United Kingdom·€11.0B
United Kingdom·€9.0B
United Kingdom·€7.0B
United Kingdom·€7.0B
United Kingdom·€4.8B
United Kingdom·€4.4BGet the full picture on TDR Capital.
Free. No credit card. 30 seconds. Exit buyers and MOIC on Pro.
Already a member? Sign in