Alchemy Partners LP Inc

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Alchemy Partners is a London-based private equity firm, which specialises in investing in distressed and undervalued or underperforming businesses and other special situations through debt and equity throughout Europe. The firm was formed in Jan.1997 as a private equity advisory business and, in 2006, added a team to focus on distressed debt and special opportunities.ref

Transparency

Rating 2017: 1 portfolio company reviewed: Parkdean Holidays; it did not comply with the Guidelines.
Alchemy do not disclose their portfolio on their website, or within their annual accounts. Additionally, a login is required in order to access any investor information.

Company

Ownership

ToDo:

Corporate Grouping

  • CH
  • Alchemy Partners LLP, Alchemy Partners (Guernsey) Ltd,

Portfolio Companies

alchemypartners.co.ukArchive-org-sm.svg, PortfolioArchive-org-sm.svg (2001)

Current

  • Jul.2019-: Swift Advances was acquired by Alchemy Partners And Indigo Capital. Swift Advances is a niche lending business providing secured housing loans to borrowers in the UK. ref
  • Aug/2015-: Orchard Care Homes' operating arm was acquired. Alchemy Partners was already the owner of a number of the care home group’s properties.ref

Historic

  • Jan.2000-Mar.2004: Civica, a specialist provider of software and services to the public sector. Originally formed part of Sanderson Group plc, which was taken private by Alchemy at the end of 1999. It focuses on local govt, parking and police enforcement, healthcare, legal and education. Alchemy sold a substantial part of its investment in Civica through an IPO on AIM in Mar.2004. Post-IPO, Alchemy remained the single largest shareholder with 39% of the equity. Alchemy’s final holding was sold in Oct.2006 resulting in an overall 2.5x multiple on the initial investment.ref
  • Jul.1999-??: Innspired Group Ltd, holdco for tenanted pub interests Ushers and the Alehouse Company. link
  • 2002: Omega Worldwide Inc acquired; merged with Four Seasons. Ditto wrt Principal Healthcare Finance.ref
  • Jul.1999-Jul.2004: Four Seasons Health Care was acquired, and merged with Crestacare in Dec.1999.ref, ref
  • Jul.1999: CrestaCare plc agreed to be purchased by a newly-formed Alchemy company "Carat Secre plc" (renamed to Four Seasons Health Care Holdings plc in Dec.1999).ref In Aug.1999, Crestacare was acquired by Four Seasons Health Care Holdings plc, itself owned by Four Seasons Health Care Ltd.
  • Oct.1998-??: Harmony, via Unilever, link, OC
  • May.1998-??: UK Safety: manufacturer and distributor of safety and military footwear. link
  • Aug.1997-Nov.2001: Petrol Express, link

more...