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> LAUK’s lighting offer recognised by Retail Week

Thursday, June 23rd, 2016

LAUK’s customer MacDonald’s has won Retail Week magazine’s UK store of the week.  LAUK provided its value-added lighting design, sourcing and logistics services to the flagship new MacDonald’s site on Oxford Street, which has been praised for its innovative design.  Below is the article from Retail Week.

 

Retail Week makes McDonald’s Oxford Street branch its Store Of The Week

The golden arches gleam with a bright interior design that uses technology to make dining fun and efficient, finds John Ryan.

Sometimes it pays to look beyond retail’s immediate backyard to get a sense of what is possible in store design, and a good example of this is to be found on Oxford Street, opposite Tottenham Court Road station.

Here the burger king McDonald’s has fitted out its store in a manner that brings together the digital and physical worlds in a way that seems wholly natural.

From the moment a hungry visitor walks through the door, outsize screens that look like blown-up smartphones allow orders to be placed while avoiding the usual queues.

Deeper into the shop, screens above the servery convey the readiness of the ordered food items and, once the burger, shake and fries have been collected, there’s a good-looking stepped seating area upstairs.  IPads allow diners to game, chat or read the news as the fancy takes them.

Couple all this with a most un-burger-like ambience and this is an interior from which others might learn.

 

> Fox International Announces Acquisition of Salmo

Monday, June 13th, 2016

(13 June 2016); Fox International, Europe’s largest privately owned fishing tackle company, is pleased to announce the acquisition of Salmo, a leading producer of fishing lures globally. The all-cash deal will significantly increase the presence of both companies in the predator segment of the coarse angling market, merging Fox’s market leading position, distribution network and complementary product lines with Salmo’s 25 years of specialist experience and iconic global brand.

 

In line with Fox’s growth strategy, the international strength of Salmo’s brand was a key consideration for this transaction, as were its production facility and predator angling expertise. Salmo lures will be sold in selected countries through Fox’s sales force and through Salmo’s successful existing distributor arrangements.

 

David Algar CEO commented that “At a time when most businesses seek ever more automation, it is refreshing to see the hand crafting and attention to detail that goes into each Salmo lure. Watching every lure being hand tested before being packaged brought home to me why Salmo products are so highly regarded. We quickly realised the countries where Fox is strongest are also where Salmo has the largest commercial potential. We will invest to support Salmo and intend to offer an exceptional level of customer service from our Central European distribution centre. We aim to despatch every order we receive before 1pm the same day and customers will also have the convenience of combining a Salmo order with their regular Fox order.”

 

Piotr Piskorski, President of Salmo commented. “I am very proud of our 25 years of work and that all our efforts have been appreciated by the Fox team. I am also sure that by joining Fox International, Salmo will have a unique chance to increase its potential, including the number and value of products sold. The entire Salmo team is excited about our cooperation and see countless opportunities for the future. I also hope that our knowledge of fish behaviour and lure fishing will help to strengthen both brands, Fox Rage and Salmo”.

 

Fox will continue to explore further acquisitions, based on sustainable, added value propositions in complementary assets.

 

About Fox:

 

Based in Hainault, Essex, Fox International is the largest privately owned fishing tackle company in Europe, selling over 3,000 products in more than 30 countries. It focuses on product leadership and innovation in the supply of fishing equipment for anglers globally. The company’s core markets today are the UK, Germany, France and The Netherlands. Next Wave originally backed a management buy-out of the company from its entrepreneur founder in 2014, and subsequently invested again in the company alongside Mayfair Equity Partners who acquired a majority stake.

> Next Wave Partners agrees £13 million investment from Beechbrook Capital and Access Capital Partners into Future Thinking

Thursday, June 9th, 2016

 London, 9th June 2016 – Next Wave Partners (“Next Wave”), the transformational growth capital private equity fund, announced today that it had closed a £13 million investment round into its portfolio company, Future Thinking (the “Company”), with funds provided by Beechbrook Capital (“Beechbrook”) and Access Capital Partners (“Access”). Future Thinking is an award-winning insight and analytics consultancy that provides its clients with business intelligence and insight across product and brand development, media and marketing communications, and customer experience analysis.

Next Wave, which remains the majority shareholder in Future Thinking, has made a series of strategic acquisitions since 2010 to form Future Thinking, which is now one of the largest privately-owned insight agencies in the UK. This investment is in direct support of the Company’s strategy to enhance its analytics capability and expand operations in continental Europe.

Jonathan Brod, Managing Partner of Next Wave stated “We are delighted to announce this significant investment into Future Thinking, in support of the major growth initiatives that Future Thinking has been working on for some time. Beechbrook and Access are excellent partners for Future Thinking’s pan-European plans, and we look forward to their involvement in the business.”

Beechbrook and Access provided a unitranche loan and working capital facility to Future Thinking totaling £13 million. This financing package will help Future Thinking accelerate its organic growth while also providing capital to finance strategic acquisitions that will broaden in services offering, provide access to lower-cost delivery locations and bring further talent to service its clients.

Beechbrook Partner Nick Fenn said: “We are delighted to continue supporting the growth of UK SMEs in the business services sector. Our recent deal with Future Thinking once again demonstrates our ability to deploy capital into high quality businesses and we expect to finance further transactions over the course of the year.”

Strata Technology Partners LLP, Macfarlanes LLP and Mazars advised Future Thinking and its shareholders on the transaction.

About Future Thinking

Future Thinking is an insight and analytics consultancy. As an expert in cutting through data, Future Thinking presents user-friendly findings that enable clients to identify industry insights that are critical to the success of their growing businesses.

For over a decade Future Thinking has been providing strategic research and actionable insights to a growing number of large enterprises and public sector clients including leading

brands such as Unilever, BMW and McDonalds. Future Thinking, which is headquartered in London, is now one of the fastest growing and largest independent market research companies in Europe with more than 180 employees.

For more information, visit: www.futurethinking.com or follow Future Thinking on Twitter: @FutureThinking.

About Next Wave Partners

Next Wave Partners is a transformational growth capital private equity investor backing fast growing business services and consumer companies in the UK. The firm manages more than €250 million of assets and has eight investment professionals in its London office. Besides Future Thinking, its portfolio also includes The Delivery Group, one of the UK’s fastest growing e-commerce logistics companies, and Petainer, a global provider of high performance packaging solutions.

For further information, please visit www.nextwavepartners.co.uk or contact Jonathan Brod or Jonathan Redman at jb@nextwavepartners.co.uk / jb@nextwavepartners.co.uk or on +44 (0) 203 005 7535.

About Beechbrook Capital

Beechbrook Capital is a specialist fund manager providing debt and equity capital to small and medium-sized businesses in northern Europe.

Beechbrook was established in 2008 and has a highly experienced international team of investment professionals. Beechbrook has made over 30 investments to date and has nearly €400m in assets under management. Beechbrook is currently investing two funds with distinct strategies: the UK SME Credit Fund provides debt to owner-managed and family-owned companies in the UK; and the Private Debt Fund provides debt to private equity-owned companies across northern Europe. Private debt investments include unitranche loans and subordinated debt / mezzanine loans; and Beechbrook can also provide preferred equity and equity co-investments. Beechbrook’s capital supports buy-outs, add-on acquisitions and organic growth.

Beechbrook was voted Lower Mid-Market Lender of the Year, Europe, by readers of Private Debt Investor, a leading international publication covering the private credit market.

About Access Capital Partners

Access Capital Partners, with offices in Paris, Brussels, London, Helsinki and a local presence in Munich, is a leading independent European manager and advisor of private equity, private debt and infrastructure funds and mandates. Access offers exposure to primary funds and secondary transactions as well as direct co-investments in private assets.

The firm was founded in December 1998 and is majority-owned by its management. It manages or advises €6.6 billion of aggregate investor commitments from a diversified client base of over 200 institutional and private investors.

Learn more about Access Capital Partners at www.access-capital-partners.com.

About Strata Partners

Founded in 2002, Strata Technology Partners LLP (“Strata Partners”) is an independent corporate finance partnership headquartered in London that provides buy side and sell side mergers and acquisitions advice and capital raising services to technology and science-enabled businesses across the globe.

Strata Partners has a track record of advising in the market research industry going back to 2009, and has been advising Future Thinking on fundraising and a variety of acquisition opportunities since 2015.

Learn more about Strata at www.strata-partners.com.

 

> The Delivery Group Invests in State of the Art Sorting Technology

Monday, June 6th, 2016

31/05/2016

The new sortation system, which sorts mail destined for the UK and abroad, has the capacity to handle custom delivery routes and provide full management information tracking. The innovative software reads both typed and handwritten addresses and has the ability to print on demand either direct to mail or via a label. The system also offers a return mail function for efficient and accurate handling of undelivered or returned mail.

Steve Stokes, CEO of CMS Network, which specialises in managed mail and international courier services, said: “This investment has been part of a collaborative approach with Bowe Systec, whose UK postal market expertise is first class. Our decision to work with Bowe Systec was based on long standing partnership with our sister company Secured Mail.

“This is a hugely exciting time for CMS and we are confident that our customers will benefit from this investment.”

Bowe Systec tops the list of European suppliers for high performance systems for dispatching sensitive documents such as insurance policies and plastic cards. The company also specialised in software concepts and comprehensive mailroom solutions.

> Next Wave Partners completes €100 million debt and equity investment from KKR into Petainer

Friday, April 29th, 2016

London – Next Wave Partners (“Next Wave”), the growth capital private equity fund, announced today that it had completed with KKR Credit on a €100 million debt and equity investment into its portfolio company, Petainer UK Holdings (“Petainer”, “the Company”) valuing the Company at over €140 million. Petainer designs, manufacturers and supplies a diverse range of high performance packaging solutions to a range of fast moving consumer goods businesses.

Through the investment, Next Wave Partners returns €40 million to its investors, retains control of the Company and secures an attractive package to support the Company’s continued growth. Next Wave initially made an investment of £6 million (€6.7 million) in 2009 to acquire the Company from Rexam plc.

Jonathan Brod, Managing Partner of Next Wave stated “We are delighted to announce the completion of this transaction and we look forward to working with KKR Credit to drive Petainer through its next stage of growth. Both the petainerKeg and the petainerCooler are disrupting their respective markets and the Company has other exciting new products coming to market. Alongside this strong organic growth we will also pursue acquisition opportunities.”

-Ends-

For further information, please visit www.nextwavepartners.co.uk or contact Jonathan Brod at jb@nextwavepartners.co.uk or on +44 (0) 203 005 7535.

> Next Wave Partners agrees €100 million debt and equity investment from KKR into Petainer

Friday, April 15th, 2016

London – Next Wave Partners (“Next Wave”), the growth capital private equity fund, announced today that it had signed a binding agreement with KKR Credit on a €100 million debt and equity investment into its portfolio company, Petainer UK Holdings (“Petainer”, “the Company”) valuing the Company at over €140 million. Petainer designs, manufacturers and supplies a diverse range of high performance packaging solutions to a range of fast moving consumer goods businesses.

Through the investment, Next Wave Partners returns €40 million to its investors, retains control of the Company and secures an attractive package to support the Company’s continued growth. Next Wave initially made an investment of £6 million (€6.7 million) in 2009 to acquire the Company from Rexam plc. The transaction will close at the end of April.

Jonathan Brod, Managing Partner of Next Wave stated “Petainer is in the vanguard of advances in high stretch polymer engineering which have led to market disruptive products such as the petainerKeg and the petainerCooler. Since its launch in 2012, the petainerKeg has reached global leadership in one-way PET kegs providing end users with significant supply chain improvements, greater profit and superior environmental impact. The petainerKeg is only one example of Petainer’s diverse portfolio of market disruptive products based on its high stretch polymer engineering technology.”

Jonathan added “Petainer revenues have almost doubled under Next Wave’s ownership of the business while EBITDA has trebled. The Company’s impressive revenue and profit growth has allowed Next Wave to provide significant liquidity to our investors while leaving the ownership of the business unchanged.”

Robert W. Baird Limited, Macfarlanes LLP and KPMG LLP (UK) advised Petainer’s shareholders on the transaction.

-Ends-

About Petainer

Petainer is a global provider of high performance packaging solutions to a diverse range of consumer markets such as beer, wine, cider, carbonated soft drinks, water, food, personal care and household goods. The Group has specialist expertise in high stretch polymer engineering that it applies across much of its product portfolio to create differentiated and market disruptive packaging.

Petainer offers packaging solutions to global brands that provide them with advantages in terms of new market opportunities, supply chain improvements as well as reductions in total costs and improvements in sustainability.

Petainer is a UK-based company which has production plants in Sweden and the Czech Republic, blowing facilities in North America, Russia, India and Australia, as well as sales offices in Sweden, the Czech Republic, Germany, the USA and the UK, complemented by a network of global distributors.

For further information, please visit www.petainer.com

About Next Wave Partners

Next Wave Partners is a growth capital private equity investor who backs fast growing business services and consumer companies in the UK. The firm manages more than €250 million of assets and has eight investment professionals in its London office.  Its portfolio also includes The Delivery Group, one of the UK’s fastest growing e-commerce logistics companies and Future Thinking, one of the UK’s largest private market research agencies.

For further information, please visit www.nextwavepartners.co.uk or contact Jonathan Brod at jb@nextwavepartners.co.uk or on +44 (0) 203 005 7535.

> Profit Track 100 recognition

Thursday, April 14th, 2016

Next Wave portfolio company Fox International ranked 22nd in the latest Sunday Times Profit Track 100 League Table.

Fox designs and markets over 3,000 fishing tackle products in over 30 countries. The company was recognised for its profits growth of 94% per annum across the 3 years to 2014, the year in which NWP acquired in the business from its founder.

More details on the Profit Track can be found here:

http://www.fasttrack.co.uk/league-tables/profit-track-100/

> Petainer Innopac partners with Pune Mineral Water Association for healthy & safe drinking water

Thursday, January 14th, 2016

Pune, January 14, 2016: Petainer Innopac Packaging, today announced its collaboration with Pune Mineral Water Association to launch the petainerCooler™, a high quality 20L bulk Jar for the mineral water industry, which significantly improves the quality, consumer safety, increases strength & life cycles, reduces waste and drives significant supply chain gains. This collaboration will bring this game changing PET packaging solution for the water industry in Pune, with improved sustainability.

Petainer Innopac partners with Pune Mineral Water Association 

> Wine on tap with Petainer’s innovative PET keg

Friday, January 8th, 2016

The use of PET in the form of a keg provides an economic and sustainable alternative to the traditional glass wine bottle and steel keg, allowing restaurants to reduce waste, improve their environmental credentials, manage their stock more effectively and offer the customer a wider range of wines by the glass at a lower cost.

Internatiional Bottler and Packer_Wine on tap_Jan 16

> The Delivery Group celebrates its first year with record profits

Monday, January 4th, 2016

The Delivery Group, formed in March 2015, has seen some very strong financial performances this year with both Secured Mail and CMS having record breaking results at both volume and profits level.

Secured Mail has had its most profitable year ever and the growth in Managed Mail services in CMS continues at an unprecedented rate. 

Teams from both companies are working together to design new products and services for their customers and seeking to bring other successful companies into the Group with support from investors Next Wave Partners. These exciting developments will be announced and rolled out in 2016. It will be a very busy and interesting year.

http://www.thedeliverygroup.co.uk/uploadedfiles/documents/The%20Delivery%20Group%202015%20Round%20Up.pdf