YFM Equity Partners was acquired by GLE in 2008 to enable the founding directors to retire from the business. Since then, with GLE’s support YFM’s management team, led by managing director David Hall has continued its focus of making equity investments of up to £10m in from its institutional and VCT funds.
The firm is currently in pre-fundraising mode for a £100m institutional fund and has also decided to raise £20m this tax year for its British Smaller Companies VCTs.
Hall said, “I am delighted to announce the spinout of YFM Equity Partners from GLE. Being independent and owner-managed simplifies our business and gives us more time to invest and make good returns for our investors. We are passionate about investing in fast growing British businesses and we will continue this focus from our regional office network.”
YFM recently invested in the buy-out of Gill, a technical clothing specialist for the sailing market, and made a 2x return on its exit from medical communications company Fishawack. Its portfolio includes: cyber security firm, Deep Secure, kitchen manufacturer and retailer, Harvey Jones and outdoor equipment and clothing retailer Go Outdoors.
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