Waterfall Services (trading as CaterPlus) was initially a provider of catering services to the residential care. It expanded both through organic and acquisitive growth to be a leading provider of catering services, operating across the education, and broader healthcare sectors. Waterfall Services has become a trusted name across these industries.
Waterfall Services
Catering services for the education and welfare sectors
Website
YFM investment
£1.3m - 5.3x return
Investment date(s)
2007 - 2014
Deal type
Buyout
Location
Warrington
"It has been a whirlwind few years and we have now established ourselves as one of the leading players in our sector. YFM were very supportive and they have helped transform the growth of our business, including two acquisitions and helped as we realised their investment transitioning to new owners."
Key Information
The Business
Why We Invested
YFM Equity Partners supported Waterfall Services through an initial investment to acquire an existing business from the founder’s estate drive growth through an expanded service offering delivering operational enhancements as the business increased in size. The funding focused on scaling the business, strengthening its service offerings, and positioning it as a market leader.
Growth Story
In 2014, YFM successfully realised its investment in Waterfall Services through a sale to the private equity firm LDC. This enabled Waterfall Services to continue its growth trajectory with additional resources and strategic support from its new backers. The sale marked a strong return for YFM’s investors and positioned Waterfall Services for further success in its market. In 2016 Elior Group to acquire Waterfall Catering Group.