ScaleUp Capital welcomes Instep UK to the portfolio.

ScaleUp Capital has invested to acquire a majority stake in Instep UK Ltd, a high-quality provider of leadership and management apprenticeship training programmes. The business has experienced strong recent growth through developing an apprenticeship offering that now boasts over 40 large corporate clients.

The Senior Management Team, has been instrumental in driving recent performance alongside the Founders. ScaleUp Capital’s investment will enable the team to further develop and expand the firm’s infrastructure and capability, as it continues to win new clients. A new Chairman has joined the business, working alongside ScaleUp Capital to support management in delivering their strategy.

Andy Murphy, Instep CEO, said:

“Through the process of identifying the right partner to take Instep forward, ScaleUp Capital demonstrated that their values and ambition aligned with Insteps. What stood out, was that ScaleUp Capital make meaningful investments that really support the management team to develop the business and execute their plan. That coupled with their experience of supporting and developing businesses of a similar size, some from our sector, made it a really compelling proposition. The Instep leadership are really excited to be working with ScaleUp Capital, as we collectively embark on the next phase of our journey.”

Michael Allen, ScaleUp Capital Investment Director, commented:

“The ease with which Instep has developed and scaled its apprenticeship offering, which has delivered strong revenue growth whilst maintaining superb course completion rates, is testament to the outstanding foundations put in place by its Founders, and the ongoing work of the Senior Management Team. These foundations and the opportunity to work with a team that has had significant previous success in the sector, drew us to Instep and we look forward to seeing the business continue to flourish.”



Share this story

Previous article Kooth release final year results Next article Welcoming imageHOLDERS to our portfolio