Palatine Impact Backs Inclusive Employers

Palatine Impact Fund Invests in Back2Work Group

October 27, 2020

Education

Palatine Private Equity's Impact Fund has taken a stake in Manchester-based Back2Work Group, a training provider that helps long-term unemployed individuals return to work and offers apprenticeships and online reskilling courses. The investment will support Back2Work's growth plan—building on recent contract wins that have driven revenues to about £11.5m and a headcount of more than 140 employees.

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.

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 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.

Palatine Invests in My Pension Expert

May 20, 2022

Financial Services

Palatine has made a significant investment in Doncaster-based retirement adviser My Pension Expert, partnering with management to accelerate the firm's growth and expand its proposition. The investment, funded from Palatine's Buyout and Impact Funds, will support digital, technology, people and sustainability initiatives; the deal remains subject to FCA regulatory approval.

Palatine Takes Minority Stake in BK Plus

September 28, 2023

Accounting & Tax

Palatine has acquired a significant minority shareholding in Midlands-headquartered accountancy firm BK Plus to support the firm's buy-and-build expansion. BK Plus, founded in 2021, has completed 12 acquisitions, operates more than 10 offices and employs approaching 300 staff; Palatine will back further national growth and value enhancement initiatives.