Ansor News & Insights
Portfolio News: ALS acquires Leca Dental Laboratory
Ansor portfolio company Amalgamated Laboratory Solutions (ALS) has acquired Leca Dental Laboratory (Leca). Based in Scotland, Leca is a full-service laboratory producing implants, prosthetic dentures, crown and bridge, chrome cobalt and orthodontic products. The company was established in 2002 and has developed an excellent reputation with over 600 active clients, some of whom have been with the business for over 10 years. Leca holds a strong place in the sector twice winning Dental Laboratory of the Year. Nick and Martin Leca will continue to lead the business through its next phase of growth as part of ALS.
Portfolio News: Enhabit designed family centre achieves Passivhaus certification
Ansor portfolio company, Enhabit, has achieved full Passivhaus certification for The Linden Lodge Family Centre, part of the Linden Lodge School which specialises in the education of pupils with visual impairment and multi sensory impairment.
A SIP (structurally insulated panel) construction was used to provide continuous insulation alongside the beam & block floor and carefully wrapped steel frame roof, while high performance triple glazing makes for a bright and comfortable learning environment without compromising thermal performance.
One of the most important aspects of the project is the exceptionally high level of airtightness achieved. Robust design and attention to detail resulted in a fabric air permeability of just 0.33 m3/m2.hr at 50 Pa, an achievement put into perspective when compared to the Building Regulation air permeability requirement of 7 m3/m2.hr. Three mechanical ventilation with heat recovery units complement the airtight construction, providing a constant flow of fresh and filtered air to all areas of the building, and preventing the build-up of CO2 and other pollutants.
Portfolio News: 4C's Insight-As-A-Service takes off with multiple client wins
Ansor portfolio company 4C has announced that multiple new clients have signed up to its recently formed Insight-As-A-Service line of business, including two leading banks, a major UK high street retailer and a PE group with $70Bn of assets under management.
The new platform combines 4C’s knowledge of procurement and subject matter expertise with cutting-edge data analytics technology. A light touch integration process ensures businesses can quickly collate, visualise and action insights. 4C’s deep understanding of procurement and its nimble approach to deployment is encouraging clients to sign up to the platform to gain greater insights into their spend and to identify opportunities to manage cost more effectively.
The Insight-As-A-Service business line positions 4C at the forefront of the new wave of procurement technologies and enables 4C to meet the emerging needs of clients as they implement their digital procurement strategies.
Ansor Insights: Equity not debt underpins successful small business growth
Historically, governments have focussed on lending solutions to encourage small businesses to grow and to plug what is known as the Macmillan gap.
At Ansor, we look at things slightly differently.
Having worked extensively with entrepreneurs across our core sectors and having discussed these types of key decisions with them, we know they are reluctant to add the risk that debt entails - both personally and to their businesses.
Debt has the tendency to replace the strong foundations and balance sheets with uncertainty. Yes, with the additional risk comes potentially higher returns, however, this return is based on these same founders having the expertise, networks and teams to allocate this additional capital effectively and to succeed in a new high growth environment.
Ansor's equity solution allows hand-picked entrepreneurs to deliver higher levels of growth by providing investment with the right level of risk, incentivising success and supporting the management of the business by sharing sector expertise, streamlining systems and processes, building teams and delivering scale through bolt-on acquisitions.
The result allows Ansor to provide a solution that actually encourages growth and delivers entrepreneurial returns.
Portfolio News: Ansor Environment accelerates growth with new client wins
Ansor portfolio company, Ansor Environment (AE, part of Ansor's Smart Building Systems platform) has recently announced major client wins with Aldi and Metalcraft. These new customers build on other recent wins in AE’s core sectors of fitness, care, education and heritage. As a result, the company is on course for a record-breaking year, completing more than 500 projects, moving to a larger base in Saffron Walden and expanding its head office team. In addition, the company is expanding its sub-contractor network to provide national coverage.
Ansor Insights: 9 Hours on Growth
According to a survey by The Federation of Small Businesses, company owners are on average only getting 9 hours a month to spend on growing their businesses, with the remaining time being spent on admin tasks.
One of Ansor's core principles is the intelligent deployment of technology into its portfolio companies. Large efficiency gains can be made through well implemented back-office systems, allowing our business leaders to stick to the principle of "Nothing Interesting Happens in the Office" and to get out there and grow their companies.
Portfolio News: Sarah Price joins Enhabit to head up the energy consultancy team
Dr. Sarah Price has joined Ansor portfolio company Enhabit. Sarah will lead Enhabit's team of energy consultants. She will focus on providing building physics and Passivhaus design to larger scale clients. Sarah is an experienced Passivhaus consultant and retrofit co-ordinator and has completed a RICS certificate in construction project management. She is focussed in the improvement in building performance. Her technical expertise includes thermal bridge analysis, energy modelling, moisture, MVHR and has a deep understanding of the relationship between different building performance standards in the UK from Building Regulations to Passivhaus.
Dr Sarah Price said “I am really excited to be leading Enhabit’s team of experienced designers. Their engineering design-led delivery approach increases the likelihood of achieving high levels of building performance, meaning healthy, comfortable buildings, that cost less to run whilst reducing the one-fifth of the UK’s carbon emissions that come from buildings."
Ansor Insights: SME - the fastest growing sector of the UK economy
Ansor analysis of ONS data shows that the UK's SME sectors have been growing faster than the large business sector (>250 employees). Turnover of UK SMEs grew 4.5% per year between 2013 and 2017 compared to 1.5% per year for non SMEs.
SMEs now account for £1.9 trillion in revenue equal to 51% of total UK company revenues. The sector is made up of 2.6m companies, compared to just 7,300 non SMEs and accounts for 16.1m jobs, equal to 60% of all private sector employment.
As a result, the SME sectors have grown from 38.4% of the UK economy in 2010 to 41.5% in 2017 and the large company sector has declined from 61.6% to 58.5% over the same period.
The focus of most investment capital over this period has been on the large company sector. Ansor, in contrast, is exclusively focused on the SME sector where we see the highest opportunities for growth and value creation.
Portfolio News: Enhabit team continues to grow with 3 senior hires
This month, Ansor portfolio company Enhabit will be joined by Andrew Fisher, Alex Honey and Michael Sollaris, formerly of Whole House Energy.
Andrew, Alex and Michael will be working under Enhabit’s brand to design and deliver low energy, high comfort buildings in the Norfolk, Suffolk, and surrounding areas. The team has extensive experience delivering Passivhaus buildings and helping clients to reduce their building energy consumption.
Andrew Fisher said “We believe that working with the Enhabit team will help us to achieve our aims of building high performance buildings across the region. We are pleased to be working with Enhabit to offer an expanded range of products and services to our existing client base who will now find it simpler to build high comfort, low energy buildings”