Scottish Equity Partners

Scottish Equity Partners (SEP) is a prominent European growth equity firm headquartered in Glasgow, United Kingdom, with additional offices in London and Edinburgh. The firm specializes in providing growth capital to high-potential technology companies across the UK and Europe. With a strong focus on sectors such as enterprise software, fintech, healthcare IT, and consumer internet, SEP targets businesses that have demonstrated significant traction, possess innovative technology, and are led by experienced management teams. Their investment philosophy centers on supporting companies through periods of rapid expansion, helping them scale operations, enter new markets, and enhance their product offerings.

SEP typically invests in companies that are beyond the early-stage, often having achieved product-market fit and generating substantial revenues. They seek to partner with ambitious founders and management teams, offering not just capital but also strategic guidance and access to their extensive network. The firm's typical first cheque size ranges from approximately £5 million to £25 million, which translates to about $6.3 million to $31.5 million USD, though they can participate in larger rounds through co-investments. This flexible approach allows them to support a diverse range of growth-stage opportunities within the technology landscape.

Over its history, Scottish Equity Partners has built an impressive track record, raising multiple successful funds. Their total funds raised now exceed £1 billion, demonstrating their significant capital base and commitment to the European tech ecosystem. Notable funds include SEP IV (£260 million), SEP V (£265 million), and their most recent fund, SEP VI, which closed at £290 million. The firm has a strong history of successful exits, including the acquisition of Skyscanner by Ctrip for £1.4 billion, and the sale of Dotmatics to Insight Partners.

SEP's long-standing presence and deep expertise in the technology sector position it as a key player in the European growth equity landscape. They are known for their hands-on approach and commitment to fostering long-term partnerships with their portfolio companies, aiming to accelerate their growth trajectories and maximize their market potential. Their consistent fundraising success and impressive portfolio performance solidify their reputation as a leading growth equity investor.