Richard Harpin’s Growth Partner Steps Up UK Deals to Support Local Founders

Growth PartnerDealroom has a profile for this one. Try Dealroom →, the family office of HomeServeDealroom has a profile for this one. Try Dealroom → founder Richard HarpinDealroom has a profile for this one. Try Dealroom →, is expanding its presence in the UK investment landscape as the billionaire accelerates plans to back founder-led businesses across the country. The firm has added several investment staff over the past year and recently hired private equity veteran Susie StanfordDealroom has a profile for this one. Try Dealroom → as a partner, underscoring its growing ambition.

Harpin, who shared a roughly £490 million windfall from the 2023 sale of HomeServe, is directing a substantial portion of his fortune into small and mid-sized UK companies.

He argues that the UK needs more homegrown large enterprises and believes private capital has a key role in supporting that growth. Growth Partner’s portfolio now includes more than a dozen consumer-focused businesses ranging from pizza ovens to home leisure equipment.

Founded in 2015 and led by former JPMorganDealroom has a profile for this one. Try Dealroom → banker Jason MahendranDealroom has a profile for this one. Try Dealroom →, Growth Partner has grown into one of the UK’s more active family offices, with a team of around a dozen across London and northern England. Several additional deals are expected before the end of 2025, with further transactions planned for early 2026.

Stanford, who joins after nearly a decade at LivingbridgeDealroom has a profile for this one. Try Dealroom →, said the resilience shown by UK consumer businesses in the current climate is encouraging. Mahendran noted that Growth Partner is also receiving co-investment interest from US institutions, though any partnerships will need to align with Harpin’s focus on UK founders.

Despite tax concerns and the relocation of some wealthy individuals to lower-tax jurisdictions, Harpin remains committed to investing domestically. He sees challenging conditions as an opportunity for long-term investors to help scale promising UK companies. While recent listings such as Princes GroupDealroom has a profile for this one. Try Dealroom → and Beauty Tech Group hint at improving exit markets, Growth Partner stresses patience and support over quick turnarounds.

Source:
Bloomberg

J.V.