About
Ancient Horse Capital was launched in 2020 to provide investment and advisory services to mid-market companies seeking to accelerate growth.
Services are provided through non-executive chair and advisory activities across industrials, business services, engineering & technology verticals. While assets under oversight are generally growth businesses, Ancient Horse has provided extensive support to recovery of distressed assets in credit funds, and wider transaction and strategic advisory services.
Ancient Horse Capital Investment Strategy
Ancient Horse invests in B2B assets across industrials, business services, engineering and technology. The focus is on businesses with the following characteristics.
• Essential product/service
• Growing SAM
• Strong and stable revenue streams
• Well differentiated with a deep moat
• Good scope for margin enhancement
• Meaningful value-adding M&A opportunities
• Strongly cash generative
• Large exit universe
We like businesses that provide non-discretionary products and services that are mission critical but represent a small fraction of the customer’s project/operational spend. We invest in businesses that we can be proud of but deliver a high-quality, valued service to customers without fanfare.
We want to work with sponsors and executive teams who share our view on what a good company looks like, and how we transform it from good to great.
Why Ancient Horse?
The Uffington White Horse is a 110m hill figure cut in the chalk of White Horse Hill in Oxfordshire.
This masterpiece of minimalist art dates from the Bronze Age. If left unattended, the horse rapidly disappears. So, for about 3000 years, humans have continuously valued this iconic symbol from prehistoric times to our modern, disposable, transient world. Ancient Horse builds enduring value to serve customers, investors, and employees.