Palatine Impact Fund Invests in Back2Work Group

Back2Work Group Acquires Just IT Training

June 16, 2022

Education

Manchester-based Back2Work Group, backed by Palatine's Impact Fund, has acquired London-based Just IT Training, a provider of IT and digital apprenticeships and skills bootcamps. The deal adds roughly 196 staff and more than £8m of revenue to Back2Work, expanding its apprenticeship and digital training capability and increasing group revenues to over £20m.

Palatine Impact Backs Inclusive Employers

October 12, 2022

Staffing & HR

Palatine’s Impact Fund II has made its first investment by taking a significant stake in Inclusive Employers, the UK membership organisation focused on workplace inclusion. The investment will fund scaling of membership, business development and team expansion; founder Richard McKenna will be exiting and a new chair (John Zafar) will join the board.

Palatine Invests in Papilo

June 20, 2023

Environmental Services

Palatine has made a growth investment from its Impact Fund II into Papilo (formerly Roydon Recycling UK), a waste management and recycling specialist headquartered in Swinton, Greater Manchester. The minority growth capital will support Papilo's European expansion, digital and technology enablement, and management continuity under CEO Paul Hodgkiss.

Palatine (Impact Fund II) Acquires Majority Stake in Isle Utilities from XPV Water Partners

February 9, 2024

Environmental Services

Palatine’s Impact Fund II has acquired a majority share in Isle Utilities from XPV Water Partners. Isle Utilities, a London‑headquartered innovation consultancy focused on water and environmental technology commercialization with operations in 10 countries and over 100 staff, will remain led by CEO Dr Benjamin Tam with founder Dr Piers Clark staying on the board as a shareholder; Palatine says it will back the company’s next phase of growth.

Aquiline Capital Partners Makes Growth Investment in Wealth at Work

June 1, 2021

Wealth Management

Aquiline Capital Partners has agreed to make an investment in Wealth at Work Group Limited, a London-based provider of workplace financial education, guidance and regulated financial advice. Equistone Partners Europe will retain a minority stake and Wealth at Work's management will keep a significant equity position; the deal will support the company's technology-driven growth and expansion of its retirement and financial wellbeing services.

Palatine Acquires Majority Stake in Skills Alliance

August 2, 2022

Staffing & HR

Palatine has acquired a majority stake in Skills Alliance, a specialist life-sciences recruitment and workforce solutions provider operating across the UK, Europe and the US. The investment will support Skills Alliance’s expansion of its consulting and outsourced recruitment offerings, accelerate international growth (particularly in North America and Europe) and pursue buy-and-build opportunities.