Europe’s Rescue Fund

Europe’s Rescue Fund


How we work

About us

We are Europe’s Rescue Fund.

Companies sometimes face challenges which absorb most of their resources – putting them at risk. They need additional resources and they need it quickly. VALTEGRA is a privately held investment company that invests in mid-market companies facing unique situational challenges. We specialise in accelerated transactions.

Whether undergoing financial restructurings, operational turnarounds, or maybe even approaching insolvency – we step in and help. We focus on the rescue, stabilisation and growth of the business. We invest in businesses that require meaningful change and timely execution.

Above all, we rescue.

01.

Corporate Carve-outs

VALTEGRA acquire “orphan” business units of larger corporations that benefit from new ownership, including divestitures, spin-offs and carve-outs. We manage the entire process with care, paying attention to any reputational risk for the parent.

02.

Operational Turnarounds

We target superior investment returns by facilitating the turnaround of underperforming or distressed mid-market businesses. We help businesses experiencing temporary or transitional operating problems.

03.

Approaching Insolvency

VALTEGRA invests in fundamentally sound businesses that are about to enter a structured bankruptcy process. We have experience at structuring complex transactions and creating value in under-performing mid market companies.

“Coming together is a beginning; keeping together is progress; working together is success.”


Henry Ford

1,700+

Total employees

77%

Jobs rescued

13

Countries with operations

160m+

Total revenues

20%

General partner participation

 

How we work


VALTEGRA are active investors. We do not passively read reports, we roll up our sleeves and go to work. We invest in you at a time when others are turning away and closing doors. At VALTEGRA, we are passionate about rescuing businesses and work tirelessly towards operational excellence.

We don’t delegate the heavy lifting and believe ‘partner’ should mean just that. We work with you, helping to lift EBITDA and generate cash. We invest time and resources in people, in the same way others have invested in us.

We are entrepreneurs – rescuing businesses and generating returns for our investors. We act quickly, deploying people and capital to ensure your business grows and thrives once again.

Above all, we rescue.

Can you work with us?

Investment Criteria

– Revenue of EUR 50 million to EUR 100 million
– Challenging carve-out situations
– Non-core or ‘orphaned’ operations and assets
– Complex or severe operational challenges
– Shareholders that require absolute certainty and speed of execution
– Acquisition of a controlling stake
– Management buy-outs and buy-ins

Decision Making Process +

We work with companies facing unique situational challenges. For some, timing is everything. Due diligence is conducted swiftly and purposefully. We know timely execution matters. When required, we can conclude transactions in 1-3 weeks.

Investment Term +

We focus on the rescue, stabilisation and growth of mid-size companies across Europe. Operationally lifting EBITDA and creating profits takes time. When investing in a business, our single goal is the creation of long term shareholder value. In order to create significant value, the investment horizon will typically be 4+ years.

Partnering with VALTEGRA +

– We are a long-term, collaborative investor
– We adopt a partnership approach, investing personally
– Timely execution – we are able to move very quickly, completing transactions in 1-3 weeks
– We only invest when we can deploy people, their unique skills, and capital
– Alignment – we are personally aligned with our investors
– Funding – we use committed funds from institutional investors

Investments

VALTEGRA invests in special situations where we can impact operational improvements. We invest in businesses, deploying operational and turnaround specialists, as well as capital. We create value through the careful implementation of business

strategy, capital investment, cost reduction, and managerial alignment. We are long term holders of operating assets.

We rescue, stabilise, and grow portfolio companies.

Company
Industry Investment date Fund
Great Lakes High Voltage+
Industrials August 2016 VALTEGRA Fund I +

A power services company with the capability to provide installation, inspection, testing and refurbishment services for High Voltage Transformers in North America. Great Lakes High Voltage has a market leading proposition with a cradle to grave management solution, compared to the alternative market offering of time and materials pricing.

Industry Industrials

Fund VALTEGRA Fund I

Date August 2016

Von Roll Transformers Ltd+
Industrials January 2016 VALTEGRA Fund I +

A leading global manufacturer and distributor of electrical industrial power transformers. VRT was founded in 1949 and played a critical role in the development of Israel’s electrical infrastructure. It offers a range of distribution transformers for local demand and export markets. Headquarters and European production facility are based in Ramat Ha’Sharon, Israel.

Industry Industrials

Fund VALTEGRA Fund I

Date January 2016

Komfort Partitioning Ltd+
Industrials December 2015 VALTEGRA Fund I +

UK based supplier and manufacturer of commercial partitioning systems including specialist glazing. Head office and production facilities in Birmingham, with additional offices in Horsham and Leeds. Completed projects include the Shard, London.

Industry Industrials

Fund VALTEGRA Fund I

Date December 2015

Cubicle Washroom Systems Ltd+
Industrial December 2015 VALTEGRA Fund I +

A leading manufacturer and supplier of washroom systems. Cubicle are southern England’s principal washroom design, manufacturer and installation company – serving the education, healthcare, transportation, leisure and hospitality sectors. Main office and production facilities are based on New Milton, Hampshire.

Industry Industrial

Fund VALTEGRA Fund I

Date December 2015

Longden Doors Ltd+
Industrials December 2015 VALTEGRA Fund I +

Prestigious UK door manufacturer that produces a range of hardwood doors combining traditional craftsmanship with today’s performance and technical requirements. Supplier of No. 10 Downing Street.

Industry Industrials

Fund VALTEGRA Fund I

Date December 2015

Fitzpatrick Doors Ltd+
Industrials December 2015 VALTEGRA Fund I +

Niche manufacturer of steel fireproof doors. Fitzpatrick has manufactured metal doors and door-sets for the commercial and industrial sectors since the 1940s. Known as the leading metal door-set manufacturer in the UK, it also supplies international markets and manufacturers under licence worldwide. Fitzpatrick provides design, manufacture and installation services.

Industry Industrials

Fund VALTEGRA Fund I

Date December 2015

WNG Holdings Ltd+
Industrial November 2015 VALTEGRA Fund I +

A manufacturer of household personal care chemicals. Wachem is an innovative outsourcing partner developing and manufacturing a wide range of cosmetics and toiletries. All products are developed by in-house laboratories capable of creating new or adapting an existing product according to clients’ requirements.

Industry Industrial

Fund VALTEGRA Fund I

Date November 2015

Arrows Express Pty Ltd+
Logistics / Freight November 2015 VALTEGRA Fund I +
A major provider of time critical and bonded priority freight in Australia. The Arrows Express fleet travels over four million kilometres each year, ensuring the efficient delivery of freight. The main office is based in Brisbane, Australia with services covering the cities of Brisbane, Sydney, Melbourne, Adelaide and Canberra.

Industry Logistics / Freight

Fund VALTEGRA Fund I

Date November 2015

Our team

 

Glen Robinson
Partner

+
 

Francis Milner
Partner

+
 

Jeff Hoogesteger
Partner

+
 

Dominic Harris

+
 

Kate Ball

+
 

Jonathan Young

+
 

Alan Phillips

+
 

Michael Richardson

+
 

Bill Hudson

+
 

Michael Potts

+