Re-flow

Re-flow is a leading software provider to the critical infrastructure industry, delivering FSM solutions for complex multi-day, multi-skill and multi-person projects for infrastructure, construction and utilities customers. Re-flow helps its customers operate more efficiently by improving control and communication between field-based workers and head office, leading to cost-reduction and better service delivery. 

www.re-flow.co.uk/

Evestia Clinical

Evestia Clinical is a full-service global Clinical Research Organisation that provides specialised services to pharmaceutical and biotech companies. The business provides market-leading clinical trial services across multiple therapeutic areas including oncology, rare disease, inflammation, immunology and microbiome therapeutics. Evestia Clinical counts several of the largest and most innovative global biopharma companies as long-standing customers and is well-positioned to benefit from long-term market growth drivers, including continued outsourcing of clinical research by biopharma, increasing R&D spend in specialist therapeutic areas and ongoing growth in the global drug development pipeline.

www.evestiaclinical.com/

The Boundary

With offices in the UK, the USA and New Zealand, The Boundary is the leading tech-enabled provider of marketing-grade digital twins, photorealistic visualisations, and marketing suite software for the global real estate industry. The business has an exceptional reputation and a proven track record of impressive growth, leveraging proprietary software tools and a world-class team of 3D artists and software developers to consistently deliver the highest quality content for its clients, many of which are the world’s largest real estate developers. The architectural visualisation market is expected to see strong growth in the medium-term, underpinned by several factors including growth in the volume of prime and super-prime residential developments, increasing awareness of technological advancements and increasing share of marketing spend allocated to visualisation services.

www.the-boundary.com

GXP Engaged

GXP Engaged is a leading provider of Good Clinical/Pharmacovigilance Practice (GCP/GVP) audit and related consulting services to the pharmaceutical and biotech sectors.  The business has an exceptional reputation for quality and is well-positioned to benefit from strong market tailwinds, including an increasingly onerous and rigorously enforced regulatory environment, the continued growth of the global drug development pipeline, and the increasing propensity of biopharma to outsource non-core functions.

www.gxp-auditing.com

Kintiga

Kintiga is a leading provider of market access consulting services to the pharmaceutical and biotech sectors, with expertise in rare and orphan diseases and cell and gene therapies.  The business is dedicated to accelerating patient access to ground-breaking medicines, devices, and diagnostics, and has a proven track record of helping its customers navigate increasingly complex healthcare reimbursement processes around the world.  Kintiga’s consulting services are supported by its proprietary digital platform, Hive, which provides actionable market access intelligence to industry participants.

www.kintiga.com/

DC Byte

DC Byte is the leading provider of global market data and analytics for the data centre sector. The company’s platform provides a unique view of the market by covering both colocation and self-build enterprise assets. Research is aggregated by the world’s largest dedicated team of data centre analysts. All data is continually validated in real time and combined with a range of proprietary cutting-edge analytics tools making it a must-have for anyone seeking accurate and insightful market intelligence. 

www.dcbyte.com

Rephine

Rephine is a leading provider of Good Manufacturing Practice (GMP) audits and regulatory consulting services to the pharmaceutical industry. The business has pioneered a differentiated approach to GMP auditing through its audit library model, solving common manufacturer and customer pain points caused by increasingly time-consuming and onerous auditing requirements. With pharmaceutical supply chains and regulations continuing to grow in complexity, the business is well-positioned to benefit from strong market tailwinds.

www.rephine.com

Optibrium

Optibrium is a leading drug discovery software provider to the pharmaceutical and biotech industries. The market for computer aided drug discovery (CADD) is valued at >£2 billion and is projected to grow at double digit rates in the medium term. Its StarDrop product is a complete platform of integrated software for small molecule design, optimisation and data analysis that enhances the speed and productivity of the drug discovery process. Optibrium’s recently launched Cerella product uses artificial intelligence to learn from complex drug discovery data to target high-potential chemical compounds. The business’ customer base includes five of the top ten global pharmaceutical companies.

www.optibrium.com

YouGarden

YouGarden is a direct to consumer home shopping platform focusing on the gardening sector through its business to consumer brand YouGarden and a number of business to business category management partnerships with established brands including Ideal World TV shopping and Amazon Prime. Launched in 2012, YouGarden offers consumers a range of live plants, flowers, trees and bulbs which it sources from across the UK and Europe.

www.yougarden.com

VIXIO

VIXIO is the world’s leading provider of global regulatory intelligence to the gambling and payment sectors through its Gambling Compliance, Payments Compliance and RegData products. The business enables compliance and legal teams around the world to manage risk confidently and discover new market opportunities by providing in-depth insight, analysis, commentary and research. Since inception in 2007, VIXIO has been at the forefront of the gambling regulatory landscape, growing its subscription-based information services at an exceptional rate, and, in 2015, it launched a similar offering for the payments industry.

www.vixio.com

Jollyes

Jollyes Retail Group Limited (“Jollyes”), is the UK’s second largest pet retailer. Founded in 1935, Jollyes has a growing portfolio of over 90 retail park superstores and concessions in garden centres across the UK. Jollyes focuses on providing its loyal and growing customer base with pet products and services that combine great quality and value. Jollyes has recently expanded its offering to customers to include grooming and veterinary services in store.

www.jollyes.co.uk

Atec Group

Atec Group is an innovator in personal and commercial insurance distribution. Since inception, Atec Group has been at the forefront of tech-enabled insurance distribution and niche product and channel development. Atec Group has been successful at leveraging its online broking platform, diverse range of insurer relationships, strong digital marketing skills and deep data insights to develop market leading positions and recurring customer relationships in its core markets and channels.

www.ceta.co.uk

Avania

Avania (formerly Factory-CRO) is a leading contract research organisation (“CRO”) focused exclusively on the fast-growing medical device market in Europe, Australia and North America. Founded in 1994, the business offers a full suite of trial management services to its global client base across a broad range of therapeutic areas, including orthopaedic, cardiovascular, dermatology and aesthetics.

The market for medical device CROs is growing quickly, driven by an increasingly stringent regulatory regime, underlying growth in medical device sales and an increasing propensity to outsource.

Avania (formerly Factory-CRO) is Kester Capital’s second investment in the CRO market after its successful investment in Chiltern International.

www.avaniaclinical.com

Frontier Medical

Frontier Medical Group is a diversified medical devices business focused on the Skin/Wound Care and Infection Prevention markets. The business’ Skin/Wound Care brands include Repose®, Toto® and DermisPlus® which are used in the prevention and treatment of pressure ulcers (bed sores) and treatment of wounds. Through its Infection Prevention division, the business produces a range of sharps and clinical waste containers (Sharpsafe® and Clinisafe) for the safe disposal of medicinal sharps, pharmaceuticals and other clinical waste. Frontier has an established direct sales team in the UK and has recently invested in direct sales teams in the US and Germany to complement it’s expanding global distributor network.

Frontier Medical Group was sold to Agilitas Private Equity in June 2021, delivering a return of 3.4x to Kester Capital funds and a 30% IRR.

www.frontier-group.co.uk

AgriBriefing

AgriBriefing was established to acquire business-to-business media assets with strong market positions. During Kester Capital's ownership, AgriBriefing made five acquisitions across three sectors: agriculture, healthcare and media strategy. AgriBriefing's agriculture assets formed the UK's leading agriculture information and events group.

AgriBriefing was sold to Lyceum Capital in July 2015, delivering an unlevered return of 3.5x to Kester Capital funds and a 57% IRR.

AgriBriefing was formerly known as BriefingMedia.

www.agribriefing.com

Garrets International

Garrets International (“Garrets”) is the global leader in outsourced marine catering management for the commercial shipping industry. Garrets manages approximately 1000 vessels on behalf of some of the largest names in world shipping. The market for outsourced marine catering management is in the early stages of development but is growing rapidly due to the increasing awareness of the benefits of outsourcing which include quality and cost control as well as crew welfare and regulatory compliance.

Garrets was sold to Wrist Ship Supply in January 2016, delivering a return of 3.2x to Kester Capital funds and a 38% IRR.

www.garrets.com