Fever-Tree is now the UK’s leading premium tonic water and mixers brand, available in over 500 high quality establishments. Internationally, Fever-Tree products are found in seven out of the top ten restaurants in the world.
LDC backed the £48million capital replacement of Fever-Tree in 2013 for a 51% stake.
The Business performed ahead of plan with strong trading in all key markets as well as new product launches and international expansion.
LDC’s Value Enhancement Group (VEG) played a key role in the business’ development and completed some operational improvement projects.
In 2014 Fever-Tree listed on London’s AIM market at £154.4million and in 2016 LDC sold its remaining shareholding raising gross proceeds of £105million resulting in a money multiple of 3.8x and an IRR of 104%.Read Case Study - Growth Journey - Fever Tree
From the beginning LDC made it clear to us that they wanted to back a management team and allow that team to run the business. They were true to their word.Tim Warrilow, Chief Executive, Fever-Tree