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ECI Invests Over £500m in Five New Platform Acquisitions
In 2024, ECI Partners successfully deployed over £500 million across five new platform investments, marking a significant achievement for the firm. The investments included notable companies such as TAG, a global travel management firm, and Croud, a full-service digital marketing agency, among others.
The firm reported a 17% revenue growth across its portfolio over the past year. ECI's Commercial Team played a crucial role in supporting management teams with various initiatives, including the integration of AI technologies and expansion into the U.S. market. Additionally, ECI launched its ECI Unlocked program, which featured the inaugural ECI Growth Summit and ECI Digital Summit, fostering discussions on growth strategies among portfolio leaders.
International acquisitions represented 40% of the deals facilitated by ECI in 2024, highlighting the global ambitions of the management teams they support. With 80% of their portfolio actively pursuing acquisitions, ECI is poised to continue its M&A efforts in 2025.
A significant highlight for ECI was the realization of its remaining stake in Auction Technology Group plc, yielding a 4.4x return and a 146% internal rate of return (IRR) from their reinvestment in 2020. This successful partnership spanned a decade, beginning with their initial investment in 2014 and culminating in a successful IPO in 2021.
In terms of team growth, ECI welcomed six new members in 2024, including Tamsin Webster as the Head of People and several others who bring diverse expertise to the investment and origination teams. This expansion reflects ECI's commitment to enhancing its capabilities for future growth.
The firm also celebrated multiple awards in 2024, being recognized as the mid-cap Private Equity House of the Year and the European Fund of the Year at the Real Deals Private Equity Awards. These accolades underscore ECI's strong performance and reputation in the industry.
Tom Wrenn, Managing Partner at ECI, expressed gratitude to the team and external partners for their contributions to the firm's success over the past year. He emphasized the importance of collaboration and the integration of technology and processes in achieving their investment goals.
Looking ahead, ECI is optimistic about its prospects for 2025, aiming to build on the momentum gained in 2024. The firm is committed to leveraging its network and expertise to continue supporting exceptional management teams and driving growth across its portfolio.