Splitstone Capital

Name

Splitstone Capital

Legal name

Splitstone Capital LLP

Website

https://splitstonecapital.co.uk

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Private Equity / Corporate Carveouts

NAICS

Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Carve-Out / Corporate Divestiture Buyout (FSANABAH)

akta.pro secondary industries

Divestitures, Spin-offs & Carve-outs Advisory (BPAHADAJ), Divestitures, Carve-Outs & Spin-Off Advisory (FSAEAGAL)

Keywords

• Corporate carveout acquisitions
• Private equity investments
• Industrial divestitures
• Business services buyouts
• Non-core division acquisitions

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Private Equity Returns: Splitstone Capital generates returns through acquiring non-core divisions from corporate sellers, implementing strategic transformations, and eventually exiting investments at a profit. The firm targets companies with £20m-£500m+ turnover and typically sub 15% EBITDA margin, with deal sizes up to £400m enterprise value and up to £50m cheque size.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Splitstone Capital is a London-based private equity firm that acquires non-core corporate divisions (carveouts) from parent companies seeking to divest. The firm targets UK and Ireland-headquartered businesses in the industrial and business services sectors with £20m–£500m+ turnover and sub-15% EBITDA margins, with cheque sizes up to £50m and enterprise value up to £400m. Post-acquisition, the firm works hands-on with management teams on strategic transformation, operational improvements, and ESG transitions, holding investments for a 3–7 year period before exiting.

Product overview

Splitstone Capital is a London-based private equity firm that operates as a unified offering rather than a platform architecture. The firm specializes in corporate carveout acquisitions, offering three integrated service lines: Corporate Carveouts (acquisition of non-core divisions), Strategic Transformation (post-acquisition operational improvements), and ESG Leadership (sustainable business practices). They target UK and Ireland-headquartered companies in industrial and business services sectors with £20m-£500m+ turnover and invest up to £50m per transaction.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Carveouts

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Arle Capital Partners: London-based mid-market private equity firm specialising in corporate carveouts of UK and European-headquartered businesses. Closely comparable in transaction type, geography, and target scale (£20m-£500m+ EV range).
• Chiltern Capital: London-based lower mid-market private equity firm focused on corporate carveouts from UK and European corporates — directly competing for similar transaction profiles.
• Endless LLP: UK-based private equity firm that frequently acquires non-core carveouts from larger corporates, targeting similar industrials and business services profiles with sub-15% EBITDA margins.
• Vespa Capital: Lower mid-market growth buyout investor in the UK. Splitstone's Investment Manager Keelin O'Sullivan previously worked at Vespa, indicating direct strategic and personnel overlap in deal sourcing and execution style.
• Phoenix Equity Partners: UK mid-market private equity firm investing in carve-outs and management buyouts across business services and industrials, with comparable deal sizes and sector focus.
• Synova Capital: UK mid-market private equity firm focused on carve-outs and special situations across business services and industrials, with cheque sizes and target profiles directly overlapping Splitstone's mandate.
• Sovereign Capital Partners: UK-focused mid-market PE investor with a track record of corporate carveouts and partnerships with management teams, operating in adjacent sectors and at similar cheque sizes.

Emerging players

• Ironbridge Capital: Emerging UK-focused private equity firm pursuing carveout and special situations opportunities in the lower mid-market, representing a similarly positioned upstart competitor.

Broad incumbents

• LDC (Lloyds Development Capital): One of the UK's most active mid-market PE investors, frequently acquiring carveouts and non-core divisions from UK corporates across sectors that overlap with Splitstone's mandate.
• Livingbridge: Established UK mid-market private equity firm with a broader portfolio strategy but a meaningful carveout and special situations component overlapping with Splitstone's thesis.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/splitstone-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Splitstone Capital