Majority control
≥50% shares/votes or board control
£2.8bn
turnover · full accounts of controlled companies
- Companies
- 143
- Employees
- 11,975
- PBT
- £-54m
UK-visible control · private-equity firm
CVC Capital Partners
UK companies whose ownership chain resolves to CVC Capital Partners, via 6 matched control vehicles. Two views: every company where the firm is a significant-control PSC, and the narrower set it majority-controls.
All disclosed control
incl. minority (≥25%) PSC stakes
£3.3bn
turnover · 187 companies
- Employees
- 13,146
- With accounts
- 35 (19%)
Control structure
Majority control · top platforms by turnover · 143 companies controlled in total
- CVC Capital Partners
- 75–100% MINERVA EQUITY LIMITED £2.5bn · 11,047 staff
- 75–100% MINERVA BIDCO LIMITED
- +1 more controlled
- 75–100% CVC ADVISERS LIMITED £132m · 263 staff
- 75–100% CVC CREDIT PARTNERS INVESTMENT MANAGEMENT LIMITED £106m · 116 staff
- 75–100% VALOUR BIDCO LIMITED
- +2 more controlled
- 75–100% SYSTEM C HEALTHCARE LIMITED £72m · 514 staff
- 75–100% LIQUIDLOGIC LIMITED
- +5 more controlled
- 75–100% MCAP GLOBAL FINANCE LIMITED £15m · 34 staff
- 75–100% MCAP GLOBAL FINANCE 2 LIMITED £18,933
- 75–100% COBALTO HOLDINGS 5 LIMITED —
- 75–100% COBALTO HOLDINGS 6 LIMITED
- 75–100% COBALTO PENTAGON HOLDINGS 1 LIMITED — · 1 staff
- +1 more controlled
- 75–100% MINERVA EQUITY LIMITED £2.5bn · 11,047 staff
Platforms are the firm's accounts-filing holdings; figures are their (consolidated) turnover. Subsidiaries beneath them are already inside that total — shown for structure, not added again.
Largest UK holdings (2026)
Majority control · by turnover · 31 have filed accounts
| Company | PSC control | Turnover | PBT | Emp. |
|---|---|---|---|---|
| MINERVA EQUITY LIMITED controlled via 3 hops · every link ≥75% | 75–100% | £2.5bn | £-88m | 11,047 |
| CVC ADVISERS LIMITED controlled directly · every link ≥75% | 75–100% | £132m | £18m | 263 |
| CVC CREDIT PARTNERS INVESTMENT MANAGEMENT LIMITED controlled directly · every link ≥75% | 75–100% | £106m | £53m | 116 |
| SYSTEM C HEALTHCARE LIMITED controlled via 6 hops · every link ≥75% | 75–100% | £72m | £-19m | 514 |
| MCAP GLOBAL FINANCE LIMITED controlled directly · every link ≥75% | 75–100% | £15m | £1m | 34 |
| MCAP GLOBAL FINANCE 2 LIMITED controlled directly · every link ≥75% | 75–100% | £18,933 | £9,185 | — |
How this is built — and its limits
- Control, not ownership. PSC filings disclose significant control (≥25% shares/votes, board rights, significant influence) — not economic ownership. We never assert a cap table.
- "PSC control" is a band, not an exact stake. Companies House discloses control only in ranges (25–50%, 50–75%, 75–100%), and we show the stronger of the share or voting band on the holding's nearest disclosed edge — the firm's own stake for directly-held companies, the immediate intermediate's for those held through a chain. A band below 50% (or a blank —) here means control rests on board-appointment rights or significant influence rather than a majority shareholding — common in PE structures.
- Every holding is chain-verified. The line under each company ("controlled via N hops · every link ≥X%") is the shortest PSC control chain we found from CVC Capital Partners's vehicles down to it — each hop a real public ownership disclosure. Where a company is also controlled by another tracked firm, that's flagged inline.
- Full accounts, not apportioned. A controlled company's figures are counted in full, not scaled by stake. A jointly-controlled asset counts fully under each controller.
- No double-counting. Where a consolidated parent and its subsidiaries both file, only the topmost is counted.
- Coverage is a floor. Only 31 of 143 majority-controlled companies file detailed accounts in our enriched set, so totals understate the true portfolio.
- UK-visible only. Chains that exit to Jersey, Guernsey or other registries terminate there — we can't follow beyond the UK.