Acquisitions & Investments
Past Investments
Vectra is a safety and risk consultancy, headquartered in Warrington, UK. We acquired the business from Amey plc in May 2003 for £2.1m and sold it in October 2007 to Arcadis N.V. for £6m. In addition, prior to the disposal, the company had repaid the original acquisition cost from its cashflow
Sira was a testing and certification group, headquartered in Chester, UK. We acquired the businesses and assets out of administration in September 2005 and March 2006 for approximately and sold them in July 2009 to CSA Group for £8.25m. In addition, prior to the disposal, the company had repaid the original acquisition cost from its cashflow.
IPT is an online marketing and data services business, based in London, UK. We acquired the business and assets from its UK holding company for £1.3m in September 2008. We invested a further £0.15m post-acquisition. We sold our 46% holding in the company in December 2013 to the company's management team for £0.9m, having already received £2.75m prior to the disposal.
JMP is a transport planning and engineering consultancy, headquartered in Glasgow, UK. We acquired the business and assets out of administration in May 2013 for £0.4m. We sold the company in December 2015 to Systra (UK) Ltd. for over £8m, having already received repayment of the purchase price, and also dividends of £0.45m, prior to the disposal. Volvere owned 76% of the company.
Impetus is an automotive consultancy based in Warwick and Cranfield, UK. We acquired the company from its parent on 26 March 2015 out of administration for £1.3m. We sold it to MSX International in October 2018 for over £31m. We also received £0.52m in dividends and repayment of our purchase price prior to the disposal. Volvere owned 83% of the company.
SDS is a digital CCTV software company based in London, UK. We acquired the business and assets out an adminstration of its parent in 2006 for £0.005m and sold it to NICE Ltd. in May 2019 for £3m.
Indulgence Patisserie Ltd.
Indulgence was a manufacturer of premium desserts for retail and foodservice, based in Colchester UK. We acquired the business and assets out of administration for £1.3m in February 2020. In September 2022 we closed the business due to its continuing losses.