FPE Capital

UK private equity firm specializing in B2B software, data, and software services companies with £5M-£50M revenue, focusing exclusively on UK and Irish headquartered businesses.

• London, UK • Est. 2010
Visit Website → Contact Email

Investment Requirements

Revenue (ARR)
Flexible
Valuation
$5M - $50M
Deal Structure
Flexible
Target Industries
B2B Software Tech Services
Geographic Focus
Europe

Company Overview

FPE Capital

What They Buy

  • Target: B2B software, data/analytics, and software services companies
  • Size: £5M - £50M revenue (product-led £4M+, service-led £1M+ EBITDA)
  • Geography: UK or Irish headquartered companies exclusively
  • Requirements: Post-venture stage with proven product-market fit
  • Structure: Minority or majority investments (30-90% shareholding)
  • Focus: Applications, FinTech, cybersecurity, managed services, data analytics

Recent Major Investments

  • Point74: Food lifecycle management software (October 2024)
  • Egress Group: Data security platform (Fund III first investment)
  • Codestone Group: Business applications and cloud services (with bolt-on acquisitions)
  • Kallidus: HCM SaaS platform (successful exit at 3.0x MoC, 31% IRR)
  • Togetherall: Mental health platform (£7.6M Series A)

Track Record

  • Founded: 2010 in London
  • Leadership: Henry Sallitt (Managing Partner & Co-Founder)
  • Scale: £185M Fund III closed in May 2022
  • Recognition: Finalist for PE House of the Year - Small-Cap (2024)
  • Approach: First institutional investor, 3-5 year growth plans
  • Philosophy: Relationship-driven partnership with sector expertise

Portfolio Companies

Point74
Food Lifecycle Management software for food manufacturing (October 2024)
Egress Group
Data security and collaboration platform (Fund III first investment)
Codestone Group
Business applications software and cloud services platform
Kallidus
Human capital management SaaS (successful exit, 3.0x MoC, 31% IRR)
Togetherall
Mental health platform (£7.6M Series A investment)
The NAV People
UK's leading Microsoft Dynamics NAV partner

Similar Acquirers

Advantive

Leading provider of mission-critical software for specialty manufacturing and distribution companies, offering purpose-built ERP, MES and SPC software solutions. TA Associates-backed strategic acquirer focused on vertical software consolidation.

Tampa, USA
Founded 2022
Industries B2B Software

Balio

Team of ex-SaaS founders, operators, and investors who acquire and scale B2B software companies while preserving founder legacy.

London, UK
Founded 2022
Industries B2B Software
Close time 8-10 weeks
Deal structure Flexible

Gemspring Capital

Lower middle-market private equity firm providing flexible capital solutions across multiple sectors, with dedicated software investment team and $2.1B in aggregate commitments.

Westport, USA
Founded 2015
Industries B2B Software, Tech Services
Deal structure Flexible

Last updated: October 6, 2025

Information verified from public sources. Report corrections