Duke Street

Duke Street is a private equity firm headquartered in London, specializing in the mid-market sector across Western Europe, with a particular focus on the UK, France, Benelux, and the DACH region. Founded in 1988 by Colin Currie, Edmund Truell, and Mark Foulds, the firm has established a long-standing presence in the European investment landscape. The company operates with a distinct investment strategy, targeting businesses in four core sectors: Business Services, Consumer, Healthcare, and Industrials.

The firm's business model centers on acquiring controlling stakes in established mid-market companies, typically those valued between £50 million and £350 million. Duke Street's approach is to actively partner with the management teams of its portfolio companies to drive growth and operational improvements. This collaborative method aims to create long-term value for both the businesses it invests in and its own fund investors. Revenue is generated through management fees on the capital it oversees and, more significantly, through carried interest, which is a share of the profits realized from successful investments upon exit.

Since its inception, Duke Street has managed and advised funds totaling over €5 billion. A significant milestone was the raising of Duke Street VIII in 2017, a £350 million fund dedicated to its mid-market strategy. The firm is led by a team of managing partners, including Peter Taylor and Charlie Troup, who oversee the investment activities and strategic direction. Notable investments in its portfolio have included companies like Voyage Care, a provider of support for people with learning disabilities, and Ascometal, a specialty steel producer.

Keywords: private equity, mid-market, leveraged buyouts, investment firm, portfolio management, European investments, business services, consumer sector, healthcare investments, industrial holdings