Perwyn agrees Everflow exit, delivering a 7.2x multiple on invested capital Perwyn has entered an agreement to exit its investment in Everflow, which has evolved into one of the UK's fastest-growing business utilities providers. Since partnering with the business in 2018, Everflow has grown from a regional challenger into a nationwide multi-utility platform serving more than 120,000 premises. The transaction is one of the largest North East private equity deals of the year, with BGF and OakNorth backing the business as it enters its next phase of growth. Michael Rothwell, Investment Manager at Perwyn, said: “We have been proud to partner with Everflow since 2018, initially backing Josh Gill, Adam Straker and James Cleave and more recently supporting Craig Dallison and the wider management team through a remarkable period of growth. “With our support Everflow has evolved into a nationwide multi-utility platform, and this outcome is a testament to the strength of the leadership team and the scalable business that has been built. We are delighted to have played a part in that journey and wish Craig, BGF and OakNorth every success as Everflow embarks on its next chapter.”
About us
Founded in 2013, Perwyn is an investor in the UK and Europe specialising in buyout and growth capital investments, with c. 30 staff across offices in London, Milan, Paris and Luxembourg. Our significant permanent capital base enables us to focus entirely on our ultimate shared goal: maximising the full potential of our investments. We invest in a select number of exceptional businesses with an enterprise value of £/€20m–150m and significant potential to expand, and where we can make a material impact on growth and profitability alongside ambitious founders and management teams. Perwyn provides engaged support to companies seeking accelerated organic growth, buy-and-build opportunities, international expansion and operational professionalisation.
- Website
-
http://www.perwyn.com
External link for Perwyn
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- London, England
- Type
- Partnership
- Founded
- 2013
- Specialties
- Private Equity, Debt Capital, and Growth Capital
Locations
-
Primary
Get directions
8 Hanover Square
London, England, GB
-
Get directions
23, Rue Dumont d'Urville
Paris, Île-de-France 75116, FR
Employees at Perwyn
Updates
-
John Gallagher, Partner at Perwyn (https://lnkd.in/e66Ugwd6), speaks to Actum Group #privateequity #valuecreation
For more than a decade, John Gallagher has been working within Perwyn’s investment team, steering the firm through complex market environments and evolving portfolio strategies. Speaking to Actum Group, Gallagher offers an in-depth look at Perwyn’s approach to acquisitions, the professionalisation of its assets and sectoral challenges. At the heart of this discussion lies Perwyn’s involvement in Keobiz—recently rebranded to Kerogo Finance —a case study in hands-on value creation and successful buy-and-build execution. Read the full article at https://lnkd.in/dY_sNCFi Interested in Actum Group’s exclusive content or exploring our PE Analytics platform? Apply for a free trial: https://lnkd.in/dJkQ9FWG Or email Enrico Cattarossi at enrico.cattarossi@actumgroup.com #privateequity #valuecreation
-
-
Congratulations to Patchwork Health who have been recognised in Megabuyte's 2026 Emerging Stars List.
Exactly the kind of news we needed on a gloomy February weekday: Patchwork Health has been recognised in Megabuyte’s 2026 Emerging Stars list! When Dr Jing Ouyang and I founded Patchwork, our goal was to build the tools we wished we’d had as doctors - solutions that make sustainable, flexible working a reality for clinicians and healthcare organisations alike. Being ranked among the UK’s 50 top-performing scale-ups is a huge testament to this mission and the dedication of our team. In the face of a national healthcare staffing crisis, we remain more committed than ever to supporting our NHS partners and the incredible clinicians and managers who keep the system running. Thank you to Megabuyte for the selecting us, and looking forward to celebrating this achievement with our fellow finalists on the list!
-
-
We are delighted to announce the promotion of John Gallagher to Partner. John joined Perwyn over a decade ago as our first employee, and his dedication, leadership and passion have been instrumental in shaping Perwyn into a leading UK and Europe private equity investor. Congratulations, John! We are also pleased to recognise further promotions across the team: · Liam Coleman to Investment Manager · Taylor Desaunois, Dylan Labi and Gianluca Tomassini to Senior Associate These promotions follow a strong 2025 for Perwyn, marked by continued momentum across our portfolio and on the investment front. Highlights included the announcements of significant exits (WGNSTAR, Interact Software, Lowe Rental and Isla Délice), new platform investments in the UK, France and Italy, and sustained buy-and-build activity. We also strengthened our leadership team with the appointments of Michael Ede as CFO / COO and Yann Chareton as Head of Italy, reflecting the depth of talent across the firm and our ambitions for the years ahead. A huge thank you to everyone at Perwyn for their commitment and impact, and congratulations again to all those promoted. 🚀 To read more, head to the Perwyn website https://lnkd.in/eYJi2hz6 #Perwyn #PrivateEquity #Investing #Careers #EuropeanPE
-
-
iamproperty acquires The ValPal Network Perwyn is delighted to announce that our portfolio company iamproperty has acquired The ValPal Network, a leader in AI-powered property valuations and lead generation for estate agents. This acquisition strengthens iamproperty’s mission to build a digital ecosystem that helps estate agents save time, generate leads, and grow their business. The ValPal Network already powers over one million valuation leads annually across 4,000+ estate agency partners. Gurinder Sunner, Partner at Perwyn said: “We are delighted with this acquisition, which further strengthens iamproperty’s digital ecosystem. ValPal complements iamproperty’s Marketing Toolkit and Market Appraisals module, giving agents more ways to generate leads and win instructions, and iamproperty will now offer the most powerful end-to-end lead generation solution in the UK residential property market.” Ben Ridgway, Co-Founder of iamproperty, said: “The ValPal Network represents an excellent strategic fit for iamproperty, as we continue to enhance our AI capabilities and broaden our digital ecosystem to improve the buying and selling process for everyone.” To read more, head to the Perwyn website: https://lnkd.in/exywVgcT #PropTech #PrivateEquity #RealEstateTech #AI #LeadGeneration
-
-
Delighted to announce that our portfolio company Fortech S.r.l. has strengthened its position in the EV mobility value chain with the acquisition of ElectriEase, a next-generation software platform for EV charging infrastructure management. The transaction marks Fortech’s first bolt-on since we invested as lead investor in June 2025, alongside Scouting Capital & Family Advisors, backing the founding partners’ ambition to accelerate innovation and continue to scale the business. By integrating complementary expertise in charge point management and smart charging software, the deal strengthens Fortech’s ability to support operators across the EV value chain and opens up new markets. Read more on our website: https://lnkd.in/e-HsTjWN
-
-
We’re pleased to share that we have agreed to exit our investment in WGNSTAR for c. US$275 million. Since partnering with founder Basil Holian in 2019, we have supported the business’s transformation into a transatlantic leader in managed workforce solutions for the semiconductor and high-technology industries. Heinz Holsten and Maxime Menu, members of the Perwyn investment team and WGNSTAR board, commented: “Semiconductors are fundamental to the global economy, and since our investment in 2019 we have backed WGNSTAR to grow organically, complete two transformational acquisitions in the US, and develop further into a highly skilled, transatlantic business providing mission-critical managed services to a key industry. The team has also deepened long-standing client relationships, and we are very proud of what has been achieved.” This investment exemplifies a core Perwyn philosophy: partnering with visionary entrepreneurs and backing them with long-term capital, operational support, and senior talent to unlock growth. We were proud to support Basil’s transition from CEO to President, strengthen the C-suite, and help build a business providing mission-critical services. The agreement to sell WGNSTAR to ABM UK, a global leader in integrated facility and infrastructure solutions, follows shortly after our recent announcement to exit from Lowe Rental. To read more, head to https://lnkd.in/ec--YHcQ
-
-
We are extremely proud of our portfolio company Lowe Rental for being crowned a National Winner of the BVCA Vision 2025 Award for International Expansion. The British Private Equity & Venture Capital Association (BVCA) recognised Lowe as a prime example of British enterprise thriving on the international stage, praising its operational excellence, strong financial performance and a commitment to sustainable growth. Since our investment in 2018, Lowe has expanded to 17 countries, completed four strategic acquisitions, and grown turnover from £33m in 2019 to c. £120m in 2025. As the world’s leading provider of refrigeration and catering Equipment-as-a-Service (EaaS), it continues to set the standard in its sector. A huge congratulations to Rachel McCausland and the entire team on this fantastic achievement! To read more, head to: https://lnkd.in/eCvVrT9e
-
-
We are delighted to announce Lucy Read has joined our London team as an Executive Assistant. After graduating from Imperial College London with a Masters in Conservation Science, she has been working as an Executive Assistant at Hansa Capital, a family office and investment management firm. Prior to that, she worked as an assistant supporting senior teams within the environmental and nature finance sector. We wish her a warm welcome!
-
-
We have agreed the sale of Interact Software to funds managed by Castik Capital - realising a 3.2x return for Perwyn. Since we partnered with Interact, the company grew ARR and EBITDA by over 2.5x and expanded its blue-chip customer base across the US and EMEA. Together, we focused on accelerating growth through strategic acquisitions, enhancing product capabilities, expanding in the large US market, and investing in the team and sales infrastructure. Mark Deed, commented: “We are thrilled with this agreement, which reflects our support for the hard work and dedication of the Interact team, on their pursuit to become the leading enterprise employee experience platform. It has been a privilege to support management through their growth, and we have every confidence in their continued success.” We wish the entire Interact team every success as they begin their next chapter! To read more, head to https://lnkd.in/eRFqXg7d