Vespa Capital

About Vespa Capital

Vespa Capital is a UK lower mid-market private equity firm with more than £300 million across three fund vintages as of December 2024, headquartered in London. The firm was founded in 2007 with the investment team carrying 75+ years of combined private equity experience. Vespa remains a partner-owned independent LLP (Vespa Capital LLP) with significant GP commitment from the investment team ensuring strong LP alignment.

Investment thesis

Vespa Capital deploys capital through three successor vehicles (Vespa Capital I, II and III, with Fund III closed at £150 million), targeting UK lower mid-market majority recapitalisations and management buyouts of founder and family-owned businesses with enterprise values of £10-70 million. Sector focus spans tech-enabled services, software, life sciences and healthcare and sustainability, with geographic deployment anchored in the UK lower mid-market complemented by international expansion support for portfolio companies. The team's cross-border operating experience differentiates the platform's international growth advisory capabilities.

Recent activity

Recent acquisitions include Fibrofind (life sciences, 2025) and Lumi Global add-on Eligo (tech-enabled services, 2025). The platform continues active deployment of Fund III across the UK lower mid-market segment with international expansion advisory for portfolio teams. Detailed buyer names and multiple data available on Pro at €29/month.