Maven completes successful exit from The 55 Group

We are delighted to announce that we have completed the successful exit of The 55 Group. The sale represents the third successful exit for Maven’s Buyout Fund, following the realisations of John McGavigan in 2022 and Titan Wealth in 2023, both of which also achieved a money multiple return in excess of 3x. Maven has also reinvested a portion of the exit proceeds alongside LDC.

The 55 Group comprises trading entities Pagabo, Sypro, and Loop and was created following Maven’s investment in 2021. This strategic consolidation has positioned The 55 Group as a leading provider of services and software for procuring and managing complex construction projects, particularly for public sector and large enterprise clients. Since Maven’s investment, The 55 Group has more than doubled in size, with a current workforce of around 100 employees. The Group also moved into new purpose built headquarters in the centre of Hull. 

“The successful sale of The 55 Group underscores the value of our investment strategy which is focused on backing exceptional management teams running high growth businesses, which often require investment or additional expertise to unlock their potential. In less than three years, we’ve seen the successful integration of three complementary businesses and the creation of an ESG focused digital platform which supports many of the UK’s leading public and private sector organisations in the delivery of their infrastructure plans.” 

Ryan Bevington, Partner at Maven

The transaction marks another milestone in Maven’s track record of identifying and nurturing high-potential businesses, demonstrating the strength of its investment approach and the opportunity in the UK’s private equity sector to drive innovation and growth. 

Ryan Bevington and Jeremy Thompson, both partners in Maven’s Manchester office, led the original investment through to exit for Maven.

“Our partnership with Maven has been instrumental in realising our vision of creating a business that supports the evaluation of social value, ethical procurement, and sustainable contract and risk management across the built environment. Their funding, support, and shared vision have been pivotal in our rapid growth and the successful development of The 55 Group. There are exciting opportunities ahead and we look forward to continuing on this growth journey with our new investment partners.”

Simon Toplass, CEO of The 55 Group

The Maven UK Regional Buyout Fund is an institutional private equity fund investing in buyout opportunities across the UK regions. We back ambitious and experienced management teams help them to enhance value, drive and accelerate sustainable growth. If you are looking at private equity as a solution to fund future growth we would love to hear from you. Speak to one of our investment team by getting in touch at funding@mavencp.com.