Omni Partners LLP, the London based alternative investment management firm, is pleased to announce that it has supported the management buyout (MBO) of Vivup, a market-leading wellbeing and employee benefits provider.
Vivup specialises in mental, physical and financial support for staff and is trusted by over 550 public and private sector organisations, supporting more than 1.5 million employees. The MBO and Omni’s investment will enable Vivup to continue at pace as they expand their provision of meaningful benefits to employees across the UK and beyond.
Simon Moyle, CEO of Vivup says:
“At Vivup, we live and breathe our values of innovation, passion and focus. We plan to accelerate the growth we have achieved over the past few years. This MBO and investment from Omni will supercharge the great work we are already doing, benefitting our clients and their employees. Our shared values and alignment with Omni make this next chapter of growth even more exciting.”
Charles Gallagher-Powell, Head of Private Equity at Omni says:
“We are excited to be supporting Simon and his team at Vivup in continuing the exceptional growth they have achieved in recent years. Employee engagement and wellbeing are more important than ever and Vivup is leading the way in providing innovative offerings in this space.”
Steven Clark, Founder of Omni says:
“Our investment in Vivup continues our theme of backing best-in-class management teams to enable them to further execute on their vision. We look forward to partnering with the Vivup team as they continue their mission of revolutionising employee benefits.”
Vivup’s executive management structure will remain unchanged following the investment, with Steven Clark and Charles Gallagher-Powell from Omni joining the company’s board of directors. The transaction is expected to complete in the third quarter of 2022, subject to customary closing conditions and regulatory approvals. Vivup is the latest private equity investment by Omni as the firm continues its shift into private markets. Omni is focused on backing management teams operating in tech-enabled services, healthcare and education, providing capital and expertise to help accelerate their growth.
