Omni Partners, a London based alternative investment management firm, has supported the management buyout (MBO) of Vivup, a wellbeing and employee benefits provider.
Omni Partners, a London based alternative investment management firm, has supported the management buyout (MBO) of Vivup, a wellbeing and employee benefits provider.
Vivup, which specialises in mental, physical and financial support for staff, is trusted by over 450 public and private sector organisations, supporting more than 1.5 million employees. The MBO and investment will enable Vivup to continue at pace as they expand their provision of meaningful benefits to employees across the UK and beyond.
Vivup’s executive management structure will remain unchanged following the investment, with Steven Clark and Charles Gallagher-Powell from Omni joining the board of directors. The transaction is expected to be completed in the third quarter of 2022, subject to customary closing conditions, including regulatory approvals.
Vivup is Omni’s third private equity investment as it continues its shift into private markets. Omni is looking to back management teams operating in tech-enabled services, healthcare and education, providing capital and expertise to help accelerate their growth.
