Applying our experience of buying whole businesses
Jonathan Mills and Simon Denison-Smith are two of the founding Directors of Metropolis Group (“Metropolis), a media company started in 1994. The Metropolis made over 30 private acquisitions of other businesses, in the ten years from 2001 to 2011. Each investment decision was focused on the ability of the investee company to deliver consistent long-term returns.
Returns to seed investors in Metropolis were 30+%* per annum under Jonathan’s tenure as CEO from 1994 to 2011.
*Based on valuations paid by the company to exiting shareholders.
Metropolis Capital was established to leverage this approach within an investment management framework, in which we buy minority stakes in listed companies basing each decision on the same principles we would apply if we were to buy the entire business. We focus on finding a limited number of investment opportunities (15-25) where we have a high level of conviction.