PRINCIPAL CAPITAL · ONE COMPANY AT A TIME FOR OWNERS → FOR INVESTORS →

Acquisition vehicle · Lower middle market

Capital committed with intent.

We acquire one company at a time and hold for the long term. No syndicate, no clock, no flip — a principal buyer founders can deal with directly.

Principal buyer — our own capital Indefinite hold — no fund clock Cash on completion

How we work

Three commitments.

Decisive

One decision-maker. From first call to signed terms in six weeks.

Patient

An indefinite hold horizon. We measure in decades, not fund cycles.

Discreet

Confidential by default. Founders deal with us directly, start to finish.

The fit

A narrow box, honestly drawn.

A profitable business with durable demand and an owner thinking about succession. We look at hundreds of companies to buy one; if yours sits in the box, we move quickly.

Slightly outside the ranges? Still write. Durable economics and an honest situation matter more than a clean fit on every line.

Revenue€5–25m
EBITDA€1–5m · margin >12%
History10+ years trading
GeographyUnited Kingdom & EU
SituationSuccession · retirement
SectorsManaged IT / MSP · technical trades

The path

Three steps, no theatre.

01

Introductory call

Twenty minutes, in confidence, no obligation.

02

Indicative terms

A clear, cash proposal within ten working days.

03

Completion

Confirmatory diligence, then close. We hold from there.

We are not a fund. We have no investment committee to perform for, no five-year clock, and no interest in stripping what you built for parts.
— From our letter to owners

In confidence

Let's talk.

Write a few lines about your situation. You will hear back within two business days — a reply, not an autoresponder.