UK-visible control · private-equity firm

CBPE Capital

UK companies whose ownership chain resolves to CBPE Capital, via 10 matched control vehicles. Two views: every company where the firm is a significant-control PSC, and the narrower set it majority-controls.

CBPE Capital is a London-based private equity firm, founded in 1984 and now managed independently by its management team. It backs UK businesses, typically partnering with management on growth capital, buyouts and related situations, with a focus on sectors including software, financial services, healthcare, consumer and industrials. It says it has raised a series of funds, and its website describes the firm as investing in businesses valued up to £175 million.

External profile · [1] [2] [3] [4]

Majority control

≥50% shares/votes or board control

£463m

turnover · full accounts of controlled companies

Companies
231
Employees
2,959
PBT
£7m

All disclosed control

incl. minority (≥25%) PSC stakes

£647m

turnover · 473 companies

Employees
4,254
With accounts
38 (8%)

Control structure

Majority control · top platforms by turnover · 231 companies controlled in total

Platforms are the firm's accounts-filing holdings; figures are their (consolidated) turnover. Subsidiaries beneath them are already inside that total — shown for structure, not added again.

Largest UK holdings (2026)

Majority control · by turnover · 33 have filed accounts

Company PSC control Turnover PBT Emp.
EVOLUTION FINCO LIMITED controlled directly · every link ≥75% £121m £6m 885
HGF LIMITED controlled via 5 hops · every link ≥50% 75–100% £93m £17m 420
TROWBRIDGE TOPCO LIMITED controlled directly · every link ≥75% 75–100% £68m £-30m 567
RALPH FINCO LIMITED controlled directly · every link ≥75% 75–100% £38m £-2m 118
ETL SYSTEMS LIMITED controlled via 4 hops · every link ≥75% 75–100% £30m £5m 187
APADMI LIMITED controlled via 6 hops · every link ≥50% 75–100% £26m £5m 275
TETRA CONSULTING LIMITED controlled via 5 hops · every link ≥50% 75–100% £24m £3m 183
VEINCENTRE LIMITED controlled via 4 hops · every link ≥75% 75–100% £18m £2m
SIMBEC RESEARCH LIMITED controlled directly · every link ≥75% 75–100% £17m £1m 162
TREND NETWORKS LIMITED controlled directly · every link ≥75% 75–100% £14m £2m 47
CLIFTON ASSET MANAGEMENT LIMITED controlled directly · every link ≥75% 50–75% £12m £-165,962 115

How this is built — and its limits

  • Control, not ownership. PSC filings disclose significant control (≥25% shares/votes, board rights, significant influence) — not economic ownership. We never assert a cap table.
  • "PSC control" is a band, not an exact stake. Companies House discloses control only in ranges (25–50%, 50–75%, 75–100%), and we show the stronger of the share or voting band on the holding's nearest disclosed edge — the firm's own stake for directly-held companies, the immediate intermediate's for those held through a chain. A band below 50% (or a blank —) here means control rests on board-appointment rights or significant influence rather than a majority shareholding — common in PE structures.
  • Every holding is chain-verified. The line under each company ("controlled via N hops · every link ≥X%") is the shortest PSC control chain we found from CBPE Capital's vehicles down to it — each hop a real public ownership disclosure. Where a company is also controlled by another tracked firm, that's flagged inline.
  • Full accounts, not apportioned. A controlled company's figures are counted in full, not scaled by stake. A jointly-controlled asset counts fully under each controller.
  • No double-counting. Where a consolidated parent and its subsidiaries both file, only the topmost is counted.
  • Coverage is a floor. Only 33 of 231 majority-controlled companies file detailed accounts in our enriched set, so totals understate the true portfolio.
  • UK-visible only. Chains that exit to Jersey, Guernsey or other registries terminate there — we can't follow beyond the UK.