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Albion Ventures (formerly Close Ventures)

Gym workouts and exercise facilities
Albion leads £6.5m series-A for PayAsUGym

Gym pass marketplace will invest in recruitment, product development, marketing and the expansion of its network

  • Expansion
  • 23 May 2018
Encore picks up 37 Degrees from Albion

Deal follows Encore's acquisition of The Third Space

  • UK / Ireland
  • 10 November 2014
VC-backed Atego sold to PTC for $50m

Sale brings end to long period of VC backing for company

  • Exits
  • 18 June 2014
SEP, Albion invest £3m into Silent Herdsman

The software can dectect potential health issues in cattle

  • UK / Ireland
  • 24 March 2014
Albion exits Opta for £40m, reaps 3x money

Albion Ventures has divested its stake in London-based Opta, a provider of sports data and analysis, to trade player Perform Group for £40m, reaping a 3x money multiple.

  • UK / Ireland
  • 03 July 2013
Albion launches MBO School for management teams

Albion Ventures, accountancy firm Smith & Williamson and law firm Bird & Bird have launched an MBO School to train management teams how to execute a successful management buyout.

  • UK / Ireland
  • 22 August 2012
Albion's Bravo Inns makes 30th bolt-on

Bravo Inns, a British pub operator backed by Albion Ventures, has acquired Accrington's aptly named Albion Hotel.

  • Portfolio management
  • 16 August 2012
Albion injects £1.3m into Welsh hydropower project

UK-based VCT investor Albion Ventures has invested £1.3m to fund a hydropower project in Wales, in partnership with Welsh developer Dragon Hydro Limited.

  • UK / Ireland
  • 14 August 2012
Albion backs Hilson Moran MBO

Albion Ventures has invested in Hilson Moran Holdings Limited to back the £5m management buyout of engineering and environmental consultancy company Hilson Moran Partnership Limited from Altran Technologies S.A.

  • UK / Ireland
  • 06 January 2012
Do education investments add up
Getting your sums right; Investing in education

The Swedish model of free schools has made its way to the UK, but dressed in a different uniform. While investors flock around Swedish schools, chasing students to boost income, the British version leaves no room for profits. So what attracts private...

  • UK / Ireland
  • 29 November 2011
Dr Christoph Ruedig
Albion Ventures adds to its healthcare team

Christoph Ruedig has joined Albion Ventures to grow the firm’s allocation and manage its investments in the healthcare sector.

  • People
  • 04 October 2011
Investors are increasingly looking to minimise risks in healthcare
Investors shift focus on healthcare funding

Medical industries are often seen as a safe haven for investors in difficult times, proving to be robust and anti-cyclical as consumers cut down on luxuries to maintain spending on life’s essentials. But there are two very different stories in today’s...

  • UK / Ireland
  • 14 September 2011
VCs reap 3x return on Dexela sale

Albion Ventures and the London Technology Fund (LTF) have sold UK-based medical equipment company Dexela to US healthcare firm PerkinElmer Inc. for an undisclosed amount.

  • UK / Ireland
  • 13 June 2011
VCT fundraising
VCT fundraising – a bumper year?

This year’s £365m total fell short of some estimates for VCT fundraising activity. However the sum hides some very positive developments for the industry: namely a relaxation of investment rules, as well as a reinforcement of the delineation of the...

  • UK / Ireland
  • 12 April 2011
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