ReSolve Capital Partners, a UK specialist investment house, has successfully exited its investment in Swimming Nature, the largest independent provider of swimming tuition in the UK.
In October 2019, ReSolve Capital Partners began working with Swimming Nature, which at the time sought working capital as well as expert advice to expand its offering and achieve its ambitious goal of expanding across the UK. A strategy was developed to stabilise the business, increase focus on more profitable demographics and improve internal processes. With the support of ReSolve Capital Partners the business has now been successfully turned around and the Ferre family has been able to re-take full ownership of the company.
John Walsh, Partner at ReSolve Capital Partners, comments: “We are thrilled that we have exited our equity stake in Swimming Nature by selling it back to family ownership. During the investment period Swimming Nature met its objectives, including stabilising the business and increasing profitability. Swimming Nature is now well placed to emerge from Covid lockdown stronger than ever. It was a pleasure to work with Swimming Nature and we wish the Ferre family and staff the best as they continue to bring the joy of swimming to more than 5,000 children every week.”
Eduardo Ferre, Founder and Director at Swimming Nature, adds: “We are very grateful to ReSolve Capital Partners for its support during the latest stage in our growth strategy. Its thoughtful counsel and financial resources have been vital to our success.”
