Vivup, an award-winning wellbeing and employee benefits provider, today announced, subject to FCA authorization, a management buy-out (MBO) supported by investment by Omni Partners LLP (Omni).
Vivup, which specialises in mental, physical and financial support for staff, is trusted by over 550 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.
Simon Moyle, CEO of Vivupsays:
“At Vivup, we live and breathe our values of innovation, passion and focus. We plan to accelerate the growth we have seen over the past few years, so this MBO and investment will supercharge the great work we are already doing, to the benefit of our clients and their employees. Our alignment and shared values with Omni make this next chapter of growth even more exciting.”
Charles Gallagher-Powell, Head of Private Equity at Omni says:
“We are excited to be supporting Simon and his team at Vivup in continuing the exceptional growth they have achieved in recent years. Employee engagement and wellbeing are more important than ever and Vivup is leading the way in providing innovative offerings in support.”
Steven Clark, Omni Founder says:
“Our investment in Vivup continues our theme of backing best-in-class management teams to further execute on their vision. We look forward to partnering with the Vivup team as they continue with their mission of revolutionising employee benefits.”
Omni Partners LLP (“Omni”) was established by Steven Clark in 2004. Operating as an FCA regulated investment manager for nearly 20 years, Omni manages the capital of global institutional investors across a variety of strategies.
Today, Omni’s focus is on investment management within private markets, although the firm’s genesis is in hedge fund management. In early 2022, Omni spun out its long-standing event-driven hedge fund strategy after growing AUM to more than £700 million. This has enabled Omni to focus on expanding its presence in private markets.
Omni seeded a property-focused private credit strategy in 2009, which provided in excess of £1.5 billion of finance into the UK property sector. The firm has also sourced and funded a variety of private equity transactions, serving as a source of capital for business ventures across the UK, Europe and the US. Representing a core area of growth for the firm, Omni continues to actively build out its private equity capabilities.
Based in London, Omni directly manages in excess of £130 million of assets. Omni’s approach is guided by the entrepreneurial spirit Steven Clark has imbued within the firm. An unconstrained approach in considering diverse investment opportunities, including the launch of new private markets strategies and seeding private businesses, continues to form the backbone of Omni’s approach to investment management.