Loading organizations...
§ Venture Capital
Novi Partners specializes in acquiring and operating profitable UK businesses, offering a unique solution for owner succession. The firm provides long-term capital and operational expertise, targeting asset-light companies with an EBITDA of £1.5 million or more, enterprise values exceeding £10 million, recurring revenue over 30%, strong cash flow, and diversified revenue streams. Their approach prioritizes business continuity and preserving the existing identity, culture, and operational integrity of acquired companies through active collaboration.
The company was founded by Josh Neely and Ben Saward, who bring over two decades of collective experience in investing and operating high-growth UK businesses. Their insight centered on the need for flexible exit solutions for business owners, moving beyond traditional capital partners and their fixed investment horizons. This enables them to work alongside existing management teams, driving sustainable growth through operational optimization.
Novi Partners serves owners of established UK businesses seeking to transition their leadership while ensuring the enduring success of their ventures. The firm's vision is to compound value through extended hold periods, providing the necessary time and resources for businesses to achieve their full potential. They aim to enhance business development, technology, and financial performance, fostering robust and lasting growth.
Noviqi Investment has 1 tracked investment across 1 company. The latest tracked deal is $204.5M Other Equity in Chehaoduo in March 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 31, 2016 | Chehaoduo | $204.5M Other Equity | — | Fengyun Angel Fund, Light Capital Group, Sequoia Capital, Shanxing Capital |