Thesis
Owning the companies on the curve.
AI is changing what it costs to run a business. The companies that gain most already have customers, data and distribution. They need an owner who can rebuild how they operate. That owner is us.
AI lowers the cost of running a company faster than it lowers the cost of starting one.
Most of the value goes to businesses that already have customers, proprietary data and distribution, provided someone rebuilds how they operate.
Most owners can't make the shift alone.
It takes capital, scarce technical talent and the willingness to redesign a business that already works. Few independent companies have all three.
Capability compounds across a group.
Every model, playbook and senior hire we make once gets reused in every company we own. The tenth company transforms faster than the first.
Diversity of sectors is a feature.
The same AI patterns, such as automated operations, intelligent service and data products, apply across very different markets. Breadth gives us more places to apply them.
What we do
Six capabilities, applied to every company we own.
Acquisitions & buy-and-build
We buy profitable, founder-owned businesses and combine complementary companies into larger platforms.
- Majority & full acquisitions
- Bolt-on & roll-up strategy
- Corporate carve-outs
Funding & investment
Patient capital for companies with a credible path to AI-native economics.
- Majority & minority growth equity
- Venture studio funding
- Co-investment with partners
Technology
A shared AI platform deployed into every portfolio company, with no rebuild from scratch.
- Data infrastructure & models
- Agent & automation tooling
- Product engineering pods
Shared services
Group-level functions that remove overhead and raise the standard everywhere.
- Finance, legal & compliance
- Talent & recruiting
- Go-to-market & brand
Management & strategy consulting
Senior operators embedded with each leadership team, drawing on our consulting roots.
- Strategy & positioning
- Operating model design
- Interim & fractional leadership
AI transformation
Workflows, products and cost structures rebuilt around AI, with results measured in margin.
- Process & workflow redesign
- AI-native product lines
- Cost & capability reset
What we look for
Profitable or close
Real revenue and customers. We back businesses, not experiments. Ventures we build ourselves are the exception.
Work AI can reshape
Knowledge-heavy, service-heavy or data-rich operations where AI can change margins.
Owners ready for change
Founders who want to exit, step back, or bring in a partner for the next stage.
Room to compound
A credible path to bolt-ons, new products or new markets once the business is part of the group.
Recognise your business in this?
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