 | |
| Industry | Private equity |
|---|---|
| Founded | 1976 |
| Headquarters | London, Manchester and New York |
| Products | Private equity funds, Buyouts |
| Website | www |
ECI Partners is a growth focused private equity group based in the UK and the US, first established by the Bank of England in 1976.[1]
ECI typically invests up to £200m of equity (as part of an initial transaction) in businesses valued at up to £300m[2]
It was a founder member of both the European Venture Capital Association[3] (now "Invest Europe") and British Private Equity and Venture Capital Association ("BVCA") in 1983 having organised its first management buyout (for Ansafone) in 1980. Early investments included Williams Holdings – owner of Chubb and Kidde – founded by Nigel Rudd and Brian McGowan, Shanks & McEwan, National Express and Bloomsbury Publishing.
The turn of the millennium saw ECI raise their seventh fund (ECI7 - £175m)[4] with leading growth investments including Thinkmoney and LateRooms (sold for a 9x return on investment[5]).
In September 2023, ECI announced the final close of its twelfth buyout fund, ECI 12,[6] hitting its £1 billion hard cap, beating a £900 million target.
- ^ "Bank of England Quarterly Bulletin Volume 16 1976 page 301" (PDF). Bank of England.
- ^ "Who We Are". ecipartners.com. Archived from the original on 13 June 2016.
- ^ "The Times Archive | The Times & The Sunday Times". The Times. 19 November 2023. ISSN 0140-0460. Retrieved 19 November 2023.
- ^ "ECI Ventures raises its seventh fund". Financial News. 22 November 2000. Retrieved 20 July 2024.
- ^ "ECI sells hotel dotcom for nine times return". Private Equity International. 4 January 2013. Retrieved 20 July 2024.
- ^ James, Chloe (26 September 2023). "ECI 12 closes at £1bn hard cap - ECI Partners". ECI Partners - UK private equity firm. Retrieved 26 September 2023.