Ansor News & Insights
Portfolio News: ARA Environmental joins Compliance Group’s water division
ARA Environment, a leading specialised water treatment services provider has become the latest business to join Compliance Group, adding to the Group’s suite of extensive safety and regulatory compliance services.
Established in 2002, ARA Environmental specialise in Legionella risk assessments, testing and training, as well as additional water treatment services. The Kent based business serves customers in London and the Southeast, offering guidance and support from initial assessments, through to planning and implementation of remedial actions and ongoing monitoring and control.
ARA Environmental prides itself on long standing customer relationships backed by strong customer service and high-quality technical abilities to deliver on customers individual requirements.
Piotr Nowosad, CEO of Compliance Group commented: “I’m delighted to have ARA Environmental join our water division. This strategic partnership marks another significant milestone for our accelerated growth, enhanced services, and continued innovation in water hygiene and treatment. The standards, culture, and quality of services ARA Environmental brings to the Group are well aligned with ours and will enable us to build on the legacy of this reputable business together.”
Commenting on the partnership, Peter Richards, Managing Director of ARA Environmental added: “I’m excited for the next step on ARA’s journey as part of the Compliance Group, enabling us to provide our customers with an even greater depth of service, whilst staying true to our company values and legacy. Our customers and our people are the forefront at everything we do, and this partnership will enable us to continuously invest in providing the best for both.”
Compliance Group is a sustainable growth-driven organisation, bringing together the best people and the best technology to provide the best service in the industry.
As a leading integrated provider of safety and regulatory compliance services across electrical, fire and water, Compliance Group brings together the best-in-class compliance expertise and experience, connecting customers to the opportunity to simplify complex compliance requirements all in one place. The organisation’s operating model ensures that operating units within the Group deliver the highest quality services, whilst the Group allocates resources supporting innovation and growth.
Reducing risk, improving safety, and assuring regulatory compliance in a wide range of sectors including Education, Health, Care Homes, Public Sector, Local Authority, Industry, Pharmaceutical, Hospitality, Leisure, Food and Beverage, Retail and Media, Compliance Group is a leading integrated provider of safety and regulatory compliance services in the UK.
Ansor's Responsible Investment Policy
Ansor is a signatory to Principles of Responsible Investment (PRI). ESG processes are integrated throughout our investment cycle and across all our portfolio companies. Ansor will be publishing its annual ESG report later in the year.
- 4C Procurement achieved B-Corporation status in 2022, demonstrating its very high standards of social and environmental impact.
- ALS Dental has launched a range of own-branded products (including zirconia crowns, clear aligner and 3D-printed dentures) – these involve significant amounts of digital scanning and additive manufacturing (massively reducing waste and physical transport requirements) and are packaged using 100% recyclable materials.
- The air and ground source heat pumps and solar panels installed by Efficient Building Solutions during 2022 have saved the emission of approximately 8,037 tonnes of CO2.
Spring 2023 Portfolio Developments: Acquisitions And Growth
Ansor's five platform companies have acquired more than 50 businesses since 2020 and their acquisition pipelines remain full and active. Post acquisition these companies have achieved revenue growth of more than 12% per year.
Portfolio news: Green Building Renewables (GBR), part of EBS group, expands presence in the South with acquisition of Eco-Energy
Green Building Renewables (GBR), part of the EBS group, has successfully acquired Eco-Energy UK Power Limited, a leading renewables business based in Hertfordshire. This strategic acquisition is a significant milestone for GBR, expanding its presence in the South and solidifying its leadership position in the green building industry.
The collaboration between GBR and Eco-Energy UK Power capitalises on their shared vision of environmental sustainability. This alignment enables GBR to extend its commitment to sustainable practices across a broader geographic scope.
By leveraging Eco-Energy UK Power's established customer base and industry relationships, EBS will further enhance its ability to offer innovative and comprehensive renewable energy solutions. The combined efforts of GBR and Eco-Energy UK Power strengthens their position as key drivers in advancing sustainability initiatives and building a more environmentally conscious future.
Portfolio News: ALS strengthens market leadership position with the acquisition of three additional labs.
ALS continues to grow with three more laboratories joining the group.
Aesthetic World has been providing digital dentistry in Bolton since 1989. In 2014 they made a significant investment to become a fully digital laboratory. The extensive experience of their technicians means that the laboratory uses the very latest 5 Axis scanning and milling technology to provide the dentists with significant benefits that include unrivalled levels of consistency and accuracy and reduction in costs.
Based in Saunderton near High Wycombe, Oakview is a leading laboratory specializing in crown, bridge, implant, and prosthetics. They were early to embrace digital and CAD/CAM technology and have built a loyal customer base thanks to their excellent service.
APlus Dental Lab
With over 30 years of experience in the dental industry, APlus Dental Lab is a full-service lab offering NHS, independent, and private services. Their state-of-the-art facility is custom-built and equipped with the latest technologies making them one of the most forward-thinking dental labs in the UK.
ALS now has 26 labs. ALS’s goal is to build the UK’s leading, most innovative and technologically advanced dental manufacturing group, positively disrupting the industry and advancing its capability by integrating progressive businesses, advanced technologies and skilled people.
The company is currently expanding to have nationwide UK coverage and also plans to enter the international laboratory market. ALS has grown from a start-up at the end of 2019 through a mixture of acquisition and organic growth in the crown and bridge and orthodontic segments. ALS has a strong pipeline of future acquisitions and new products that will continue to drive the rapid expansion and development of the group.
Portfolio News: Compliance Group acquires Logic Fire and Security
Logic Fire and Security joins Compliance Group adding its comprehensive range of fire safety and protection services, providing customers with the design, supply, installation, commission and maintenance of fire detection and electronic security systems.
Based in North Yorkshire, Logic Fire and Security has served as fire safety and security specialists for over 20 years, working with large multinationals to smaller high street stores and offices, keeping millions of people safe and protecting over £3 billion worth of property every day. [SY1]
Logic specialises in planning, upgrading and maintaining existing fire and security equipment for clients as well as designing new systems for expansion and refurbishment, adding to Compliance Group’s extensive portfolio of fire experts.
Piotr Nowosad, CEO of Compliance Group said: “We are delighted to have Logic Fire and Security join us at such a key stage of significant growth, helping us significantly strengthen and broaden our services in fire safety and protection around the country.”
Compliance Group is a sustainable growth-driven organisation, bringing together the best people and the best technology to provide the best service in the industry. The organisation’s decentralised operating model ensures that operating units within the Group have the autonomy to deliver the highest quality services, whilst the Group allocates resources supporting innovation and growth.
“It is a really exciting time for both our businesses, and we look forward to being part of Compliance Group, delivering high-quality services beyond fire and security to our clients whilst keeping our long-established company family values ”, Sean McPartland, Managing Director of Logic Fire and Security, added.
Compliance Group simplifies complex safety and regulatory compliance all in one place. The experienced team of specialists help clients among leading businesses to reduce risk, improve safety and assure regulatory compliance in a wide range of sectors including Education, Health, Care Homes, Public Sector, Local Authority, Industry, Pharmaceutical, Hospitality, Leisure, Food & Beverage, Retail and Media.
Portfolio News: Waterside joins the ALS Group
Established in 2011 Waterside is a full-service lab manufacturing to over 350 dentists throughout the North East. Over the past twelve years the lab has generated a huge clientele and the staff have worked together to help make Waterside Dental Laboratory the extremely efficient and effective lab it is today. Their team of technicians pride themselves on everything they do to ensure that clients and their patients are satisfied.
Waterside are enormously excited to be joining ALS. Paul Laidlaw, Laboratory Director said
“We feel ALS have the knowledge and support to help Waterside Dental Laboratory move to the next generation of technologies. This will benefit both our staff, our clinicians, and their patients.
Together with our experienced technicians and their knowledge I am sure we will work well with ALS to give the dental industry a more selective service, giving the clinicians more choices.
Ansor’s Ib fund closes with £63m of investment and completes six new deals across its portfolio
Ansor’s fund Ansor Ib (“AIb”), has completed a first close of £63m of commitments. AIb will invest in the Ansor Fund I’s existing portfolio of five businesses, continuing our buy and build strategies.
AIb follows the success of Ansor’s first fund, Ansor Fund I, which is now fully deployed. Ansor Fund I closed at the end of 2019 with investment from European fund of fund investors. Since 2019, Ansor Fund I has completed thirty-five equity deals in five platform companies with Ansor Fund I’s TVPI reaching 2.5x by the end of June 2022.
AIb is Ansor’s second fund. Investors include all of the first fund investors and additionally a global specialist private equity asset manager. The investors committed to £63m of investment in AIb and have reserved a further £2m. AIb is now fully committed and closed to new investors.
“The closing of Ansor Fund Ib is a strong vote of confidence in Ansor and our microcap buy and build strategy. We were pleased that all the Fund’s existing investors participated, and we were significantly oversubscribed with the Fund’s limited availability for new investors” remarked Ed Ainsworth, Ansor LLP Partner.
On closing, AIb completed six new deals using a combination of AIb equity and debt supporting three businesses in its high growth portfolio.
AIb’s portfolio company, ALS Dental, the UK’s leading dental manufacturing group, has acquired three additional businesses which continue to build out ALS Dental’s national network and capability.
Efficient Building Solutions (EBS), also a portfolio company, acquired a specialist renewables business to extend its reach into Oxfordshire. EBS is a provider of low energy building solutions. It also acquired Cunnington Clark in order to grow Qoda (a provider of commercial energy efficiency design solutions). With these acquisitions and continued double digit growth, EBS is becoming a leader in UK energy efficiency and a strong contributor to the energy transition in the UK.
AIb also invested in supporting the development of 4C Procurement’s (4CP’s) software solutions. 4CP is now one of Europe’s largest procurement and supply chain solution consultancies. The additional investment will support the development of its exciting software solutions that enable large companies to optimise their third party spend. Products include 4Spend which provides procurement intelligence and 4Risk which manages and helps mitigate supplier risk.
AIb will deploy capital over the next 24 months into ALS Dental, EBS and 4CP. In addition, investments are planned into Ansor Fund I’s remaining portfolio companies: Compliance Group (CGL) and The Apartment Network (TAN). CGL provides a wide range of statutory safety and regulatory compliance services across electrical, fire and water. TAN is a management platform for corporate apartments and corporate accommodation clients.
Leading law firm Travers Smith LLP advised Ansor Ib on its successful fundraise. The Travers Smith team was led by Funds Partner Jeremy Elmore and included Funds Associates Rory Page and Jonathan Trent.
Portfolio News: Cunnington Clark joins EBS's QODA Consulting
We are pleased to announce that Cunnington Clark has recently joined QODA Consulting. The team will become QODA’s new Peterborough office. Cunnington Clark is a well-established and respected building services engineering practice, providing mechanical, electrical, and public health design services. The team bring with them diverse experience from many sectors, several chartered engineers, and low carbon energy assessors. Their approach focusses on excellent design quality, innovation, consistency, and added value aligning with QODA’s core values.
The integration of the Cunnington Clark team into QODA will offer our design teams and clients additional technical expertise and extensive experience. The team will work alongside the Cambridge, London, and Norwich offices, strengthening our offering in the Eastern region. The Peterborough office will continue to be led by James Parrott – Associate Director, with support from David Clark – Managing Director, and David White – Regional Director.
Nick Carter from QODA commented:
“We have worked closely with David and his team on a number of projects, and they are a great fit for QODA. We are committed to delivering a high-quality and personal service for our clients and Cunnington Clark share this objective.”
David Clark, Managing Director of Cunnington Clark added:
“QODA are a natural partner for Cunnington Clark and joining forces presents significant opportunities for our team to develop and grow.”
Portfolio News: ALS acquires Veus Dental Laboratory
Veus Dental Laboratory has joined the ALS group. We welcome the addition of Dr Manmit (Manny) Matharu and his team who are based in Dartford, Kent. Manny is a qualified Dentist and created Veus with the aim of bridging the gap between Dentist and Technician.
Veus was established in 2013 with the inspiration to create a laboratory with better communication, quality and service. One of the team’s main aims was to help clinicians improve their understanding of the laboratory processes and advance the clinical workflow for every client.
When asked about joining ALS, Manny said:
“We are excited about the ability for Veus to grow within ALS and to develop alongside experienced, likeminded technicians. We are enthusiastic about having the opportunity to share what we have created and gain support from the other laboratories within the group.
We feel that we can bring our commitment, knowledge, experience and expertise from all our departments. We are also excited to share our drive for customer care and support. “
The team at Veus are extremely dedicated and committed to the lab, its development and its services. They are clinically driven for technical excellence and pride themselves on their high standard of customer service and ethos of always going the extra mile for clients. Product development has been a strong area for the lab, they have created a clear aligner brand ‘Perfect Smile Aligners’ which utilizes 3D scanning and 3D printing technologies. More recently they have launched SurgiStent – their implant placement stents, which has been extremely successful and grown a large market share in short space of time. With such a wide range of services and products available, they have familiarity and expertise in nearly every aspect of the dental laboratory industry, from fixed and removable to orthodontics and implants.
For ALS, this is first lab which we have acquired that is run and owned by a Dentist. This brings a unique perspective on the clinical and operational requirements of our customer.
Portfolio News: Serviced apartment enquires up 173% compared to the same period last year
We are happy to share positive half year figures (January to June 2022) with serviced apartment enquires up 173% compared to the same period last year, and up 45% on the same period in 2019. These figures are the result of our growth with to new client acquisitions in the US and Europe, and the return of business travel generally.
With ambitious growth plans and the expansion of operations into North America and Europe, we are predicting a strong second half to 2022. We are all happy to see confidence in business travel continuing to recover, with extended stay enquires growing and, as a result, the increased interest in booking serviced apartments for extended stay, long-term and relocation requirements.
This increase in extended stay enquires is reflected in our average length of stay figures. The first half of 2022 saw enquiries give an average length of stay of 51 nights, an increase of 11% on the same period in 2019. The same period in 2021 showed an average length of stay of 59 nights, driven by uncertainty throughout the pandemic that resulted in travel restrictions and extensions to accommodation bookings.
Relocation briefs are key, with pent-up demand evident from a dormant market in 2020 and 2021 and a now buoyant employment market. Hotspots in North America and the UK have seen us grow our network in these regions, taking on new suppliers in the serviced apartment sector, including Travelers Haven in the US:
“Travelers Haven is excited about this partnership opportunity with The Apartment Network and having the ability to join forces to provide high quality serviced apartments for clients. This is an integral time for the serviced apartment sector, in the USA and the rest of the world and we are eager to be a part of it.”
Ryn Jarrett, Queen of Hearts, VP of Strategic Partnerships, Travellers Haven
Marcos Isaac, CEO, The Apartment Network comments: “This is a very exciting time for The Apartment Network as we expand operations in America. To support this growth, we are delighted to share that Greeley Koch has taken on the role Strategic Advisor & Director, The Americas, specifically to support our expansion in this market. We are honoured to welcome Greeley to the team.”
Portfolio News: ALS acquires its first London laboratory – Ken Poland Dental Studio
Ken Poland Dental Studio is run by Rob Poland and incorporates a milling centre run by Steve Pope. The laboratory was founded by Rob Poland’s father, Ken, in 1972.
The laboratory employs 9 members of staff and is situated in the heart of London’s West End in the Harley Street area, which is internationally renowned for being home to many of the best medical and dental professionals.
In 2007 the laboratory grew by developing it own milling centre on site. The team at Ken Poland is proud to be able to offer a wide variety of services for all dental solutions. The lab has an exceptional reputation in the area for providing excellent quality crowns, bridges, dentures and appliances, as well as CAD/Cam Milling, digital planning and design. It also has the capability to cater to all implant systems.
The team at Ken Poland are very excited to join the ALS group particularly because of the training and support offered by being part of a larger organisation.
Rob Poland said:
“It is a great feeling to be part of ALS and supported by a collective that is innovative and has an excellent vision for the future. Thereby helping patients achieve optimum dental health and dental professionals to be the best they can be.”
Portfolio News: Precedental becomes the second laboratory in the West Midlands to join ALS
ALS Dental Group’s growth is gaining pace and we are excited that Precedental has joined us. Precedental is based in Stourbridge in the West Midlands.
Precedental was founded in 1990 by Ross Liversidge and his friend and colleague Peter Smith. During the past 40 years Ross and Peter have seen many changes in the industry but have kept abreast of the latest technology and the digital revolution. Ross and Peter continue to work in the laboratory manufacturing high quality products with expert workmanship as well as managing the business side.
Post-pandemic Ross and Peter took the opportunity to re-focus their work, to focus on the private side of the business. This has resulted in business activity returning to pre-pandemic levels with further growth opportunities.
Precedental are constantly researching and trialling new materials and techniques. Their adaptation of working practices and work flow have been enhanced by the acquisition of industry leading equipment such as induction casting capabilities, laser welding/fusing technology and digital production.
Portfolio News: Tennals Fire and Security joins Compliance Group
Tennals Fire and Security has joined Compliance Group, expanding the organisation’s range of fire safety and protection services. With over forty years of experience in the industry and a robust client base, Tennals is one of the largest fire safety organisations in the UK that prides itself on working to third party accreditations and delivering high-quality services through a competitive and unique pricing model.
Richard Cullen, CEO of Tennals Fire and Security has joined Compliance Group as part of the merger and will play a key role in building the group's fire safety and protection division, to ensure complete fire safety compliance for clients, covering all aspects of both passive and automatic fire prevention.
“I’m pleased to welcome Richard and Tennals Fire and Security on our joint journey to help businesses identify and minimise fire risks, remove unnecessary costs and improve compliance performance. Tennals Fire and Security further strengthens Compliance Group’s fire safety and protection capability and is a continuation of our strategy to offer a comprehensive range of regulatory compliance services to our clients nationwide.”, said Piotr Nowosad, CEO of Compliance Group.
Portfolio News: Procure4 joins the rapidly growing 4C Procurement Group
The rapid growth of 4CP Group continues with the recent addition of the international supply chain management consultancy, Procure4.
Supporting clients for 19 years, Procure4 provides additional expert capacity, market insight, process rigour and technology to mid-market businesses across multiple sectors in Europe and the US. Focused on the delivery of value enhancement from its client’s supply chain, Procure4 has delivered a wide range of solutions including international re-structuring programmes, targeted inflation mitigation exercises, specification re-engineering and supply continuity projects. Their success has resulted in referral and re-engagement from many of their well- known clients.
The acquisition of Procure4 broadens the service and sector offering of the 4CP Group in the UK and Europe, whilst providing a strong platform for the launch of wider services in the US.
Procure4 Founder and CEO, Nigel Scorey said ‘We are confident that the investment in Procure4 will accelerate the growth of the business and provide new opportunities for our great people, and the 4CP Group as a whole’
Portfolio News: Romak Denture Centre has joined ALS Dental
ALS are delighted to announce that Romak Denture Centre has joined the group.
Romak co-directors Rhodri Rowlands and Eoin Maclean are celebrating twenty years of successful trading for their dental laboratory in Swansea. Both directors served 5 year apprenticeships followed by B Techs in Science and Dental Technology before going on to start the company. They now employ a team of fourteen qualified laboratory and support staff.
Their modern dental laboratory offers a wide range of aesthetic technical solutions to dental practices nationwide, from dental prosthetics to dental implants. They have built up an impressive client list of over 200 dentists and made or repaired over 200,000 dentures.
They are committed to excellence and their skilled team of experienced dental technicians undergo on-going training to ensure they provide high end aesthetics in line with patient expectations.
To further their own training, Rhodri and Eoin attended an intensive training programme at the Valplast Training Laboratory in New York to master essential techniques. Romak are now listed as a certified Valplast laboratory.
Romak made the local news when they featured in The Bay Magazine, a Swansea lifestyle magazine, where the co-directors were lauded as young entrepreneurs. In the article, they put down their success to an ongoing programme of investment in equipment and facilities to maintain a technological edge.
Achieving DAMAS accreditation was an important milestone in their quest for growth and recently they invested in 3-D printing technology as an innovation in their manufacturing capabilities.
Eoin Maclean says “We are incredibly excited to have joined such a fast-growing group which is focused on innovation and technology for the dental industry. Another important factor for us is the importance the group places on people, seeking to upskill and enhance the wellbeing all employees across the business.”
Portfolio News: EBS expands its UK network of local renewable experts with acquisition in East Anglia
Purpose-led business Efficient Building Solutions has grown its UK network of local renewable energy experts by acquiring Eco East Anglia Renewables.
The Colchester-based company is Efficient Building Solutions' third low-carbon and renewable technology acquisition in the last two years, following York-based Go Eco Renewables and Daventry-based Bright Green Renewables. The business will now begin a process to rebrand to Green Building Renewables in alignment with the other two companies.
Green Building Renewables offers a complete range of renewable energy solutions through its growing network of local experts; it provides low carbon and renewable energy solutions, including air and ground source heat pumps, underfloor heating, solar PV, EV charging, and battery storage. GBR's network currently includes offices in York, Doncaster, Daventry and Wellingborough and now, with its expansion into East Anglia, adds an office in Colchester.
The expansion of Green Building Renewables is part of its growth plans to acquire like-minded renewables businesses to create a network of local renewable energy experts across mainland Britain. It now has over 50 staff working across its five offices with a revenue of over £10 million.
Efficient Building Solutions CEO Philip Fellowes-Prynne said,
"Eco East Anglia Renewables is another fantastic addition to Green Building Renewables. It allows us to offer our award-winning customer service and renewable energy knowledge to customers in East Anglia. It demonstrates our commitment to creating the UK's best network of low-carbon and renewable technology installation experts."
Portfolio News: 4C Associates named one of the UK’s Leading Management Consultants 2022 by The Financial Times
For the fourth year running, 4C Associates has been named one of the UK’s Leading Management Consultants by The Financial Times. The rating is based on recommendations by clients and peers, assessing almost 200 management consultancies across 15 sectors and for 14 types of specialist work. 4C Associates, one of Europe’s largest procurement and supply chain consultancies has been recognised in three categories, including Supply Chain and Operations, Data Analytics and Big Data, and Energy, Utilities and Environment. The London-headquartered consultancy supports its clients with procurement intelligence, cost optimisation, transformation, service delivery, supply chain and sustainability.
ALS welcomes Richard Illingworth as Technology and Manufacturing Director
Richard Illingworth joined ALS in January 2022 in the new position of Technology and Manufacturing Director.
Richard joins ALS from BAE systems where he has been Head of Manufacturing Engineering on the nuclear submarine program. Richard has previously had a very successful career in the automotive industry both in the UK and the USA where he lived for over a decade. During this time he held senior positions in engineering, manufacturing and quality.
He brings a wealth of technology and manufacturing experience to ALS. Richard’s experience, drive and passion for this role means we enter 2022 well placed to capitalise on the fantastic opportunities we have as a group.
Portfolio News: Compliance Group appoints Piotr Nowosad as CEO
Piotr Nowosad has joined Compliance Group as CEO. Previously Chief Operating Officer of Verastar, Piotr was instrumental in driving the company’s organic and acquisition-led growth, delivering a three-fold increase in revenues and EBITDA during his time with the group. Following an early career as a utilities engineer in South Africa, Piotr completed an MBA at London Business School before working for McKinsey and Allegro Capital. Piotr is an experienced leader with a deep knowledge of business services, bringing strong leadership skills with a focus on ‘Customer First’ and the delivery of a top-quality service experience, especially using technology-led solutions. Piotr has a track record of delivering strong organic growth and building new business lines as well as deep experience of acquisitions and their integration.
Portfolio News: Julie Hulme joins ALS as People Director.
Julie Hulme has joined ALS as People Director. One of ALS’ core strategic objectives is to support and develop its people and recruiting Julie is the beginning of our journey towards this goal.
Julie has over 25 years experience delivering strategic and operational HR as well as leading change management projects. Her most recent experience with small and mid-tier businesses has been with commercial enterprises across manufacturing, housing, digital marketing, public and not for profit, underpinned with corporate experience in professional services, manufacturing, and retail. She understands the various pressures and demands that line managers face and believes in a pragmatic, solutions orientated approach to complex HR issues, maintaining her sense of humour during challenging times.
Julie passionately believes that business success is all about people and has extensive experience of working in partnership with businesses to develop, coach and train everyone to create great places to work.
With a BA (Hons) in Business Studies, post graduate diploma in Human Resource Management, Julie is a Fellow of the Chartered Institute of Personnel and Development , Qualified Coach and has a strong commitment to lifelong learning for herself and others.
Portfolio News: CBC becomes the 10th Laboratory to join ALS
ALS is celebrating the 10th laboratory to join the group. CBC Dental Laboratory was founded in 1976 as Crown & Bridge Ceramics with its original roots in central Bristol. It is now based in a purpose-designed laboratory in North Bristol reflecting its status as one of the leading laboratories in the South West.
Laboratory Director, Shaun Webber, started his career in 1982 as an apprentice at CBC. In 2003 he became joint owner, prior to becoming full owner in 2018. Over the last 2 decades he has overseen the utilisation of modern techniques and technologies.
The commitment and dedication of CBC’s long-standing staff, together with their desire to provide the best possible outcome for dentists and their patients, ensure that they have built excellent relationships with many clients.
Shaun says “We are excited to be joining ALS as we share the same positive vision for the future of the industry. We look forward to collaborating as a group and working towards shared goals.”
Portfolio News: Dental Excellence joins ALS
Dental Excellence is a progressive, digitally focused laboratory based in Shrewsbury focusing on private implant and cosmetic dentistry.
Garren Fletcher founded the business 3 years ago and he is passionate about the digital side of dentistry. Over 95% of their work has a digital element to it, beginning with inter-oral scanning through to milling and 3D printing of crowns.
In line with Dental Excellence’s digital ethos, the laboratory has recently moved into brand new, custom built premises with a separate milling and printing suite.
Portfolio News: ALS acquires Norwich Ortho
Norwich Orthodontics was opened in 2008 by Derek Sandell former Oral Health Laboratory Manager at the Norfolk & Norwich University Hospital. Initially Derek founded the company in the garage, growing the customer base steadily.
In 2010 the laboratory moved to a new purpose built facility on an industrial estate in Sprowston, Norwich, which was the laboratory’s home until 2020 when the laboratory moved to its current location at Hethel Engineering Centre, close to the UK head office and factory of Lotus Cars. In September 2020 Norwich Orthodontics also appointed a second Director, Vanessa Day.
The brand new facilities at Hethel include shared access to on site conference and event meeting facilities, one of the rooms of which has a Lotus F1 car suspended from the wall.
The company has also recently invested in its 3D printing suite to provide additional 3D printing capacity to meet demand. As a result in 2021 the companies production of orthodontic appliances from intra-oral scans increased in excess of 51% on 2020.
Today the business is led by Director Vanessa and has a young, vibrant and dynamic team. The laboratory prides itself on its team-working philosophy and is passionate about developing and upskilling employees.
Looking to the future, the company is keen to continue to embrace and develop the use of CAD/CAM technology within the Orthodontic market sector
Portfolio News: Woodlands Dental Laboratory joins ALS
Woodlands is a great asset to the group bringing with them a great team of highly skilled technicians who have a vast amount of experience amassed over their many years in operation.
Established in the 60’s under the name Block & Lyons by founding partner Colin Lyons, a well-known and respected figure within the profession. Aesthetic Dental Laboratory in Eastcote was then the pre-cursor to Woodlands Dental which moved from Kenton to Amersham in 2003.
Laboratory Directors, Chris Lyons and Nick Boxall have been involved with the business for over three decades. Chris specialises in prosthetics whilst Nick heads up the ceramic and implant departments.
Chris Lyons says:
“The investment provided by ALS brings with it many advantages in terms of ability to embrace the future of digital dentistry and cutting-edge advanced manufacturing technologies. This will change the way dental products are manufactured and provided, bringing a new level of quality, service and results for dentists all over the UK.
ALS are focussed on developing the most skilled workforce in the industry, with excellent training and group wide development opportunities for all their employees. This was a key factor in the decision to join the group.
The very fact that Nick and I remain as Managing Directors will ensure that clients and colleagues will continue to benefit from this personal service whilst gaining from the changes that being part of a forward-thinking group.”
Whilst recognising the fast changes within the world of dentistry, Woodlands has the experience as a long-established laboratory to know the fundamental requirements of surgeries whilst being in a strong position to embrace change. Their qualified, dedicated, and committed workforce is passionate about what they do and are highly valued and appreciated.
Portfolio News: ALS acquires Passion Dental
Passion is a leading private focused laboratory specialising in cosmetic and implant dentistry.
Having over 20 years of implant experience, George Morgan and his team have built a strong reputation within the industry. George is a lecturer and trainer in dental composites teaching over 250 technicians worldwide and will now provide training within the ALS group too.
Based in the historic Red House Glass Cone in the midlands its prime location and excellent facilities will be a great place for ALS conferences, events and training.
George, Jana and all the team at Passion are excited to join ALS and work with new colleagues across the group.
Portfolio News: Compliance Group acquires EIAT
Electrical Installation and Testing (UK) Ltd (EIAT) has joined the Compliance Group to expand the range of electrical testing and inspection services. The company was founded in 1998 and was owned by David Monument.
Services include: Fixed Wire Testing Portable Appliance Testing; Electrical Remedial Repairs, Emergency Light Inspection, Thermal Imaging; Electrical Vehicle Charging Point installation & maintenance. The company and its more than 20 staff have extensive qualifications & accreditations including NIC-EIC, ISO9001, ISO14001, CHAS, Construction Line, Safe Contractor. The business is based in Watton in Norfolk.
The acquisition is a continuation of the strategy of Compliance Group to offer the full range of building health and safety compliance services.
Portfolio News: Woodford Dental Services has joined the ALS Dental Group
Woodfords was started in 1987 and managed by Miles Postgate until 2002 when he bought the company from Colin Woodford. Originally set up as an NHS crown and bridge laboratory it soon went on to specialise in private cosmetic cases, which led to the opening of their implant department in 2003, ran by a small team of highly skilled technicians. A prosthetics department quickly followed and has grown rapidly over the last 17 years.
The company has enjoyed a steady growth, in part due to its reputation for high quality and reliable service, but also because it was an early adopter of digital systems. Woodford has been accepting intraoral scans as well as designing and milling in house since 2005.
Portfolio News: ALS acquires Cardiff Orthodontics
Cardiff Orthodontic Laboratory has joined the ALS Dental Group. Founded in 1999 by Paul Evans and Dominic Burscough the Cardiff Orthodontic Laboratory has serviced the South Wales region and beyond for over 20 years. Paul continues to oversee the day to day running of the business as part of the wider ALS group with assistance from department heads Steven Daniels and Scott Poole. The company is a great addition to the ALS Orthodontic business unit and further builds our presence and reputation in this important segment.
Portfolio News: Compliance Group acquires Zeta Compliance Services
Zeta Compliance Services (Zeta) has joined the Compliance Group to offer the full range of water compliance solutions. Zeta was founded 23 years ago by Rob Nicoll and offers nationwide water and fire risk management & compliance services to a UK client base. Rob will remain with the business and continue to lead its growth.
Zeta has an excellent long-standing reputation in the water hygiene and compliance sector; and is one of the leading companies in the sector. It is also well regarded for its fire risk assessment services.
Zeta works with companies in healthcare (NHS and private), universities, public sector, FM companies, and leisure & hospitality. Zeta also has an innovative partnership with Ecolab, carrying out all their water/legionella testing & inspection work for 450 clients/sites
The company employs around 70 staff, including water and fire assessors who are all qualified to the relevant industry standards.
The business is based in Bicester and operates throughout the UK.
Portfolio News: Compliance Group acquires Flair
Flair Developments Ltd (Flair) has joined the Compliance Group to offer a range of passive fire services. Founded in 2008 by Bob Wilkinson, who was joined by Tony Monk in 2017, Flair is a fire safety company with strong expertise in passive fire prevention, specifically fire doors and fire stopping, whilst also providing fire alarm and other fire safety services.
The company is based in Enfield and works throughout London and the Southeast. In addition, it also works in the Midlands and South Wales. The team has a particular expertise in Care Homes, Universities, Local Authorities and Social Housing.
Bob and Tony will remain in the business and continue to lead the business through its next phase of growth with Compliance Group.
The acquisition is a continuation of the strategy of Compliance Group to offer the full range of building health and safety compliance services.
Portfolio News: Qoda consulting joins EBS's growing green business portfolio
Design engineering consultancy Qoda has become the latest company to join a growing portfolio of companies within the green building sector, as part of the Efficient Building Solutions (EBS) group. Qoda was established in 2011 and offers a client-focused building services consultancy that specialises in mechanical, electrical and sustainable areas of building design.
The 60-strong consultancy team, with offices in Oxfordshire, London and Bristol, and a strong sustainable design team (Qoda Net Zero) joins building physics consultancy Enhabit, product supplier Green Building Store and an expanding renewable energy installation and service group, including Go Eco Renewables and Bright Green Renewables, to form a growing presence within the green building market under the Efficient Building Solutions umbrella.
The move brings together market-leading companies in the field of low energy building with expertise across a range of commercial and residential sectors. Qoda brings its considerable commercial track record and expertise to the wider group, and means that the combined companies can offer increased whole building design capability and capacity for clients.
The Efficient Building Solutions group aims to play a leading role in addressing the climate impact of the UK’s buildings, and helping reduce fuel poverty, by creating healthy energy efficient buildings that are great places to live, work and study. By building synergies between its companies, the EBS group aims to facilitate the uptake of healthy low energy buildings in the UK in everything from schools and care homes to social housing and private residential projects.
Philip Fellowes-Prynne, Chief Executive Officer of the Efficient Building Solutions Group, commented:
“The addition of Qoda makes a positive and exciting contribution to the portfolio, which will help accelerate our strategic goals and help us to address the needs of the market for a strong knowledge base within the sustainability supply chain. Qoda’s strong technological and client-focused approach complements the technical knowledge and commitment to customer service of the other companies within our portfolio. Qoda also expands our geographical base and increased range of services within the group, such as BIM modelling and daylighting consultancy.”
Nick Carter and Matt Tyrrell from Qoda added:
“We really like the forward-looking approach of the Efficient Building Solutions group and so are delighted to join their portfolio of companies to build a market-leading presence in our sector capable of delivering the low carbon buildings the UK so urgently needs.”
Backed by Ansor, the Efficient Building Solutions group has significant growth ambitions, organically and through targeted acquisitions that add scale, skills or geographical presence.
Portfolio News: TAN welcomes Patrick Diemer to the team
We are delighted to welcome Patrick W. Diemer to the TAN team as a Senior Advisor – his experience and knowledge will prove powerful alongside our ambitious growth strategy.
Patrick was CEO at Lufthansa AirPlus where he headed its Global expansion strategy and developed AirPlus into one of the leading commercial card issuers. Earlier he led Visa Germany, and was SVP consumer marketing at Commerzbank. Currently Patrick volunteers for VDR, the German Business Travel Association, for which he leads the Task Force ‘restart business travel’.
Patrick comments: “I am delighted to join TAN as Senior Advisor. It is an exciting time for Serviced Apartments and for TAN.”
The serviced apartment sector has remained resilient the past 18 months. Not only will the sector recover but, as we saw pre-Covid, demand is likely to see the sector grow at a quicker pace than the traditional hotel industry. In 2020, Germany was the second largest Serviced Apartment market in Europe, with serviced apartments located in key cities including Frankfurt, Munich and Berlin.
“Initially, Germany presents an excellent opportunity for expansion and TAN’s high service level and investment in technology will be well received.”
Patrick W. Diemer
Already an established booking agency specialising in extended stay for corporate clients, TAN completed a significant capital raise in 2020 and is on a path of accelerated growth. Technology is key; TAN is implementing tech that will enable corporate clients to engage differently with Serviced Apartments to how they will have done in the past.
Marcos Isaac, CEO The Apartment Network is excited in the future of Serviced Apartments. “With TAN planning its growth in Europe, and with Germany a key market, we are absolutely delighted that Patrick is joining us as Senior Advisor. His knowledge is exceptional, and we look forward to what comes next.”
TAN aspires to change how travel and accommodation buyers use the serviced apartment sector.
Portfolio News: ALS appoints Tom Lavery as CEO
Tom Lavery has joined ALS Dental as CEO. Tom previously had a successful career at Johnson & Johnson, the world’s largest healthcare company, where his most recent role was as Managing Director and Chairman of Johnson & Johnson Medical UK & Ireland. He has led a number of successful businesses internationally, including 4 years living in the USA, where he led Johnson & Johnson’s global knee reconstruction business unit. More recently he has been working with MedTech start-ups and SME’s to deliver strong growth. Tom brings passion and experience from the health sector with a mix of large and small company growth experience.
Ansor Insights: UK SMEs expected to recover quickly from the pandemic
The UK economic recovery appears to be showing evidence of strength, in particular from the SME sector. Recent data from the composite purchasing managers’ index as well as economic forecasts, for example from Investec, shows the UK economy is expected to perform strongly in 2021 with growth in excess of 7.5% and potentially as high as 8%.
The interim composite purchasing managers’ index published by HIS Market and the Chartered Institute of Procurement and Suppliers rose to 62 in May up from 60.7 in April, marking the highest reading since records began in Jan 1998. The services index rose to 61.8 from 61, with growth resulting in the fastest pace of job creation since May 2015.
In addition, looking at the SME sector which traditionally grows quickly after recessions, growth is expected to be particularly strong. 74% of SMEs feel optimistic about their business and more than half believe the pandemic has made their business more resilient (according to a survey by Sage, the accountancy software firm). As a result, 79% of UK SMEs expect to be back to normal profitability by the summer. 1.2m jobs are forecast to be created in the SME sector in the UK.
This growth and expectations for smaller companies and the SME sector is reflected in the public markets and market expectations with the FT UK Small Cap index (companies with a market capitalisation of less than £2bn) growing significantly faster than the FTSE350. Since late 2020 the Small Cap index has grown by 70% vs 20% for larger companies.
Sage’s survey published in May 2021 of 2,000 small businesses had a number of key findings including:
- As we emerge from lockdown, three-quarters of SMEs across the UK feel optimistic about their business a year from now and 52% feel the pandemic has made their business more resilient
- When thinking about future profits for SMEs, Sage’s survey suggests that businesses expect to return to normal profitability by the summer (79% of businesses)
- Optimism will translate into new jobs, with 1.2 million more jobs forecasted in the UK
Finally, a study by the Manufacturing Growth Programme (MGP) confirmed the view that UK small companies were likely to perform well. Nearly two thirds of firms are expecting to increase sales between now and October, with 58% indicating that they are planning to increase investment over the next six months. Out of nearly 300 firms questioned, 54% highlighted the need to recruit staff over the coming months.
We at Ansor are expecting that this relatively quick recovery will translate into a positive environment for deal execution, in particular for add-ons to the existing portfolio. The opportunity for all SMEs is to ensure that are well positioned to take advantage of the market growth and translate that growth into market value.
Portfolio News: EBS appoints Philip Fellowes-Prynne as CEO
Philip Fellowes-Prynne has joined Efficient Building Solutions as CEO. He was previously Chief Executive of May Gurney Integrated Services where he won AIM Company of the Year, doubled EBITDA and grew revenues by 59%. He has led a number of other successful business including being CEO of ASI Solutions, a PE backed specialist environmental product business. Philip brings a passion for Energy Efficiency and outstanding leadership skills to EBS.
Portfolio News: 4CP subsidiary, MCP2 finalist in National Social Value Awards
4C Procurement subsidiary, MCP2, has been shortlisted in the top two in the new “Small and Medium size Enterprises” (SME) category at the National Social Value Awards 2021. This award was created to recognise those businesses who go the extra mile to stand out amongst their peers through social value delivery.
MCP2’s social contribution has included training 70 students through a CIPS qualification, reducing carbon through a staff electric car program (with an 80% take up) and a program to improve employability of young people.
The prestigious National Social Value Awards took place as part of the National Social Value Conference held virtually on 23rd and 24th February 2021. The event shares good practice and innovative ideas about how to embed social value into commissioning, procurement and delivery across public and private sector.
MCP2 believe that to support clients to deliver social value through their supply chain they first need to be able to ‘walk the talk’ and embed social value within our business culture. Through their people, processes and systems they have created an environment that embraces social value providing benefits to individuals, their organisation, client’s organisations and society. This project has highlighted the benefits of investing in people and the cumulative impact they have on social value outcomes.
Portfolio News: Former Head of Deloitte’s Procurement Consulting Business joins 4C
Nick Muir joins 4C Associates (a subsidiary of 4C Procurement) as a Managing Partner from Deloitte, where he led the firm’s UK and EMEA procurement consulting business and held prior leadership roles including Global Operations Transformation Consulting Leader for Life Sciences. He joins 4C as a Partner and member of the Senior Leadership Team, focused on establishing a leading global life sciences procurement advisory practice capable of serving clients in North America, Europe and Asia.
Nick started his consulting career advising private equity firms on cost related topics, subsequently supported governments to undertake major outsourcing efforts, and has also previously worked in consumer businesses and financial services organisations. Having spent the last ten years in the Life Sciences sector advising clients such as Novartis, GSK, AstraZeneca, Takeda, Roche and Astellas on their most complex cost and operational challenges, He has an established track record as a leading advisor to senior leadership at these major global organisations and is consistently trusted to deliver a lasting impact on ways of working and the P&L.
Portfolio News: GBS wins two Green Home Awards
Green Building Store, part of the Efficient Building Solutions, has won the award of the Best Green Supplier and the Best Low Energy Glazing System for its Passivhaus-certified PROGRESSION range from the Green Home Awards. The awards were organised by Homebuilding & Renovating and announced on Earth Day 22 April 2021. The awards are an acknowledgement of Green Building Store’s long-standing role in the green building and low energy market over the last 25+ years and position at the ‘cutting edge of innovation in the UK housing sector’, offering a range of pioneering sustainable products.
Portfolio News: 4C Recognised by the Financial Times as one of the UK’s leading management consultants
4C has been recognised by the FT in their fourth annual rating of the UK’s leading management consultants. The rating is based on recommendations by clients and peers on the basis of a comprehensive survey of client firms. 4C was singled out for sector expertise in energy, utilities & environment as well as operations & supply chain experience. The award demonstrates 4C’s strength as a leading procurement firm.
Portfolio News: 4CP acquires MCP2
MCP2 has joined 4C Procurement (4CP), an Ansor portfolio company. MCP2 is a fast growing UK consultancy that has developed a reputation for delivering high quality procurement support, commercial improvement advice, supply chain management and mentoring. MCP2 works with its public sector clients to deliver lasting improvements.
4CP is building a multi-service procurement consultancy that serves a range of local and international industries.
Ian McPherson, founder of MCP2, along with MCP2 Directors Suzanna Hinnel and Spencer Hill will continue to lead the MCP2 business through its next phase of growth as part of the 4CP group of companies.
Portfolio News: 4CP acquires Ebit Intelligent Procurement
Ebit Intelligent Procurement has joined 4C Procurement (4CP), an Ansor portfolio company. Ebit is a leading UK consultancy delivering procurement services such as contract management software, managed services, consultancy and strategic projects for ‘goods not for resale’ (GNFR) to their clients, who are mostly in retail.
4CP is building a multi-service procurement consultancy that serves a range of local and international industries.
Ebit founders John Bradshaw and Rob Froome along with CFO Jo McCourt will continue to lead the Ebit business through its next phase of growth as part of the 4CP group of companies.
Portfolio News: Go Eco Renewables joins EBS
Go Eco Renewables (Go Eco) has joined forces with Efficient Building Solutions (EBS), an Ansor portfolio company.
Based in York, Go Eco specialises in state-of-the-art renewable energy systems for domestic and small commercial properties. Go Eco has many years’ experience of installing and maintaining energy efficient products (air source heat pumps, solar PV, ground source heat pumps) and has developed an enviable reputation for its reliable, professional and straightforward approach.
EBS is creating the UK market leader in energy efficient building design and the supply of products to make buildings energy efficient. Its subsidiaries include Enhabit, Green Building Store and Bright Green Renewables.
Portfolio News: Bright Green Renewables acquired by EBS
Bright Green Renewables has been acquired by Efficient Building Solutions (EBS), an Ansor portfolio company. Based in the Midlands, Bright Green are experts in the field of renewable energy systems and have been recognised by several awards. They specialise in the design, installation and commissioning of air source heat pumps, ground source heat pumps, underfloor heating systems and air conditioning systems for domestic and commercial applications. They also supply and install solar photovoltaic panels and battery storage systems.
EBS is creating the UK market leader in energy efficient building design and the supply of products to make buildings energy efficient. Its subsidiaries include Enhabit and Green Building Store.
Portfolio News: PTS Electrical acquired by Compliance Group
PTS Electrical has become part of Compliance Group (CGL), an Ansor portfolio company. PTS is a leading electrical testing and inspection provider operating in the Midlands. The business was founded in 2007 and works to National Inspection Council for Electrical Installation Contracting and SAFE Contractor standards. It offers the full range of electrical testing and inspection services. PTS will work closely with CGL’s existing electrical testing business, Ansor Environment.
CGL is in the process of building an integrated building compliance offer including fire and water safety with the goal of becoming the UK’s leading specialist building compliance provider.
Portfolio News: Casterbridge Dental joins ALS
Casterbridge Dental has joined forces with Leca Dental Laboratory, Ashford Orthodontics and Dental Technique as part of Amalgamated Laboratory Solutions (ALS), an Ansor portfolio company. Established by David Bentley in 1991 and based in Poundbury, Casterbridge is a full service, DAMAS accredited dental laboratory. David continues to oversee the day to day running of the business as part of the wider ALS group. ALS is in the process of adding further partner laboratories into the group, with the goal of building ALS into the UK’s leading dental laboratory business.
Portfolio News: Dental Technique joins ALS
Dental Technique Laboratory has joined forces with Leca Dental Laboratory and Ashford Orthodontics as part of Amalgamated Laboratory Solutions (ALS), an Ansor portfolio company. Dental Technique is a full service, DAMAS accredited laboratory. The company was founded by Charlie and Jane Gallagher in 1989 and is based in Perth, Scotland. Charlie continues to oversee the day to day running of the business as part of the wider ALS group. ALS is in the process of adding further partner laboratories into the group, with the goal of building ALS into the UK’s leading dental laboratory business.
Portfolio News: Ashford Orthodontics joins ALS
Ashford Orthodontics has joined forces with Leca Dental Laboratory as part of Amalgamated Laboratory Solutions (ALS), an Ansor portfolio company. Founded in 2005 and based in Sunderland, Ashford has been growing rapidly over recent years and in 2018 became the UK’s largest orthodontic laboratory. With investment from ALS, Ashford expects to accelerate its growth over the coming years. Ashford’s founding team of Sean Thompson, Craig Stevens and Graeme Winyard will continue to lead the business through this exciting next phase of Ashford’s development. ALS is in the process of adding further partner laboratories into the group, with the goal of building ALS into the UK’s leading dental laboratory business.
Portfolio news: EBS acquires Green Building Store
Two leading companies in the field of low energy building have announced that they have merged, bringing together low energy consultancy and high performance products under one roof. By joining forces Enhabit and Green Building Store aim to offer their clients the benefits of the whole house approach, to provide better performing buildings from a comfort, cost and carbon perspective. Working together will give them a greater capacity to support their clients with advice, design and specialist products on their journey to low energy and Passivhaus buildings.
The merger between Yorkshire-based product supplier Green Building Store and London-based firm Enhabit will result in a wider range of products, consultancy services and geographical spread offered by the combined group. High performance products on offer include everything from renewables to triple glazed windows, while consultancy services include in-depth design briefs, low energy design and commissioning to build project management. The wider geographic spread will enable the group to offer their specialist products, knowledge and experience to a wider range of clients, delivering their joint aim of improving building performance and reducing carbon emissions.
Enhabit and Green Building Store will continue under their own names and the existing teams in Huddersfield, the Midlands, Norwich and London remain in place with the addition of John Taylor, who has a background in building services engineering and low carbon buildings, as Managing Director.
Bill Butcher from Green Building Store said: “Green Building Store and Enhabit have a huge amount in common and we’re delighted with the merger. Green Building Store is a product supplier that had started offering consultancy, while Enhabit is a consultancy that started supplying products. Both companies are passionate about radically improving the performance of the UK’s building stock to help address the climate emergency, are technically-driven and have a strong ethos of customer service“.
Akta Raja from Enhabit said: “Given the urgency of reducing carbon emissions from buildings, we want every build, renovation or redecoration to take the opportunity to improve performance. We know that the whole house approach works. We are committed to helping clients on their low energy building journey, delivering their aims of improving building performance in terms of comfort, cost and carbon”.
Chris Herring from Green Building Store said: “It is great to combine efforts to get people thinking about their buildings holistically and from a performance perspective. We are responding to strong customer demand for an end to end service to create comfortable, low energy homes”.
Green Building Store, based in West Yorkshire, has been supplying products, such as triple glazed timber windows and MVHR ventilation, for over 25 years and has been at the forefront of introducing products for low energy and Passivhaus buildings into the UK. Green Building Store’s construction arm built the Denby Dale Passivhaus, one of the first Passivhaus projects in the UK, and its Cre8 Barn project was the winner of the UK Passivhaus Awards 2015 ‘Retrofit Project’ category.
Enhabit was established in 2010 and designed and delivered the UK’s first Passivhaus retrofit projects at Lena Gardens and Princedale Road, with the Lena Gardens project winning the 2013 CIBSE Energy Efficiency Project of the Year. Enhabit’s ‘Sustainable Salons’ project with L’Oreal was awarded the Business Green Energy Efficiency Project of the Year Award in 2015. Enhabit recently project-managed and provided the timber frame and M&E services for the healthy house project in Richmond, featured on Grand Designs.
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.
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”
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.
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: 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."