OpCapita

Henry Jackson co-founded OpCapita in 2006. He previously worked at Merrill Lynch in leveraged finance. Chairman John von Spreckelsen and partner David Hamid were also part of the founding team, bringing a mix of private equity, restructuring, and retail operating experience.

OpCapita acquires underperforming consumer and retail businesses, typically through corporate carve-outs from larger, often publicly listed, parents. The firm takes operational control and focuses on working capital optimization, supply chain restructuring, and cost reduction to return the businesses to profitability. It targets Europe, primarily the UK, Germany, and southern European markets.

OpCapita's acquisition of UK electronics chain Comet in 2012 is its most widely cited deal. The firm purchased Comet from Kesa Electricals for £2, with Kesa providing a £50 million dowry and retaining certain pension obligations (per the Financial Times, 2012). Comet entered administration later that year, generating significant public scrutiny of the firm's turnaround model.

OpCapita is a private equity asset manager that raises institutional funds from external limited partners. It closed its debut fund at €250 million in 2011. The firm has not disclosed specific LPs but operates a traditional fund structure, not a family office.

OpCapita executes direct control buyouts. There is no public record of the firm allocating to third-party funds. Its model centers on owning and operating portfolio companies directly, typically acquiring 100% of the equity in platform investments.