Alcentra
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Alcentra - overview
Established
2002
Location
London, -, UK
Primary Industry
Financial Services
About
Alcentra is a London-based investment management firm specializing in credit investment solutions, offering tailored strategies to institutional clients and investors. Their expertise spans diverse credit opportunities, enabling clients to achieve sustainable returns. Founded in 2002 in London, UK, Alcentra provides credit investment solutions and has executed a total of 4 deals. Recently, on May 31, 2022, the firm transitioned ownership when Franklin Templeton agreed to acquire it from Bank of New York Mellon for USD 700 million, with an upfront payment of USD 350 million.
The acquisition is expected to enhance Franklin Templeton's capabilities in Europe through its U. S. -based alternative credit manager Benefit Street Partners. Alcentra offers a comprehensive range of credit investment solutions, focusing on six primary areas: Secured Loans, High Yield Bonds, Private Credit, Special Situations, Structured Credit, and Multi-Strategy investments.
These offerings are designed to address diverse investment needs, providing clients with access to various credit opportunities while aiming to generate sustainable returns. Alcentra primarily serves institutional clients, pensions, and family offices, particularly in North America and Europe, leveraging expertise from its offices in New York, London, and Boston. In the most recent financial year of 2021, Alcentra reported a revenue of USD 15,931. 00 mn.
The firm manages assets totaling USD 30 billion, which come from over 400 investors, generating revenue primarily through investment management fees associated with their various credit strategies. Following the acquisition by Franklin Templeton, Alcentra plans to enhance its product offerings and expand its reach within Europe. The recent funding will support the development of new investment products tailored to evolving market demands. Additionally, the firm aims to increase its geographic footprint in the European market to better serve its clients, with initiatives expected to roll out in the coming years.
Current Investors
Franklin Templeton
Primary Industry
Financial Services
Sub Industries
Investment Banking
Website
www.alcentra.com
Verticals
FinTech
Total Amount Raised
Subscriber access only
Alcentra - timeline of key events
Alcentra - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 72,160,767 | 70,329,270 | 67,983,780 | 72,483,858 | 65,023,838 | - | - | - | - | - | - | 13,474,353,336.134 | - | - | - |
| % Revenue Growth (YoY) | - | (2.5%) | (3.3%) | 6.6% | (10.3%) | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | 43,165,789 | 39,652,193 | 37,580,778 | 34,868,928 | 34,100,001 | 6,000 | - | - | - | 106,157,000 | (15,000) | 5,510,351,640.507 | - | - | - |
| Operating Income (USD) | 43,018,072 | 39,513,739 | 37,511,911 | 34,440,727 | 33,728,274 | 6,000 | - | - | - | 106,157,000 | (15,000) | 3,931,253,173.458 | - | - | - |
| Operating Margin | 59.6% | 56.2% | 55.2% | 47.5% | 51.9% | - | - | - | - | - | - | 29.2% | - | - | - |
| % EBITDA Margin | 59.8% | 56.4% | 55.3% | 48.1% | 52.4% | - | - | - | - | - | - | 40.9% | - | - | - |
| NET Income (USD) | 30,297,379 | 29,711,401 | 28,629,223 | 26,088,147 | 26,854,613 | 148,000 | 100,000 | 374,000 | 160,000 | 106,357,000 | 105,000 | 3,189,491,333.285 | - | - | - |
| % Net Margin | 42.0% | 42.2% | 42.1% | 36.0% | 41.3% | - | - | - | - | - | - | 23.7% | - | - | - |
Alcentra - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Alcentra | - | ||||||||
| Secondary Buyout | Completed | Vivarte SAS | - | ||||||||
| Secondary Buyout | Completed | Kedleston UK Ltd. | - | ||||||||
| Secondary Buyout | Completed | Alcentra | - | ||||||||
| Unspecified Exit | Completed | Alcentra | - |
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Alcentra - employee data
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