Smith’s has a great start to 2018
Friday, February 2nd, 2018

Agathos portfolio company Smith’s (Harlow) Limited, has made a great start to 2018, with several exciting developments:

Safran T9

Smiths has secured a number of references from Safran on the LEAP programme – one metre plus-sized Hard Metal Rings.  Given the success of this programme focus has been on the ability to ramp up and meet the rates required.

Safran’s new product introduction milestones were clearly understood by Smith’s, from Project start-up right through to full industrialisation or T9. Smith’s has worked very closely with Safran throughout this journey, intensifying Safran’s confidence in Smith’s.

Smith’s has now successfully passed the T9 requirements.  Safran has recognised this achievement with a formal award in January 2018, thereby confirming Smith’s as the first supplier globally to achieve T9 on the LEAP programme.

This is a great achievement for Smiths and recognises all the effort put in by every employee to deliver this success, demonstrating Smith’s as a key strategic supplier for Safran in the future.


Graham Hughes and Ian Knightley, along with senior Safran representatives, after the presentation

AS9100 REV D

BSi completed their audit in January 2018, and following all outstanding corrective actions being successfully completed, AS9100 approval has been upgraded to Revision D accreditation.

Graham Hughes, Chief Operating Officer, commented “The board of directors thanks the management team and appreciates all the hard work, put in by all employees, to achieve the AS9100 Rev D accreditation. Together a great team effort, supported by excellent work ethics throughout the workforce, to achieve another milestone for the business.  Achieving Rev D, will give the company a solid platform to further grow the business, and enhance our ongoing development and investment plans for the future”.

Plant Installation

After completing a full refurbishment, Smiths are happy to announce the final commissioning of the Webster Bennett S-Series. The machine has undergone a full strip down and rebuild, including the installation of a Fanuc OI-TD Control.

The machine has a table size of 1600mm Diameter, with a maximum swing of 1000mm, maximum working “Z” height is 1000mm. The refitting included the addition of a 12 tool carousel.

Paul Platt, Operations Manager said “Having this machine back in the factory greatly enhances our capacity for large complex rings. We have ongoing order coverage for a range of Titanium and hard metal rings and casings. We considered the purchase of a new machine to assist with our expansion plans, but these machines are solid robust plant, which we can rely on for both consistent quality and reliability. We completed a full risk mitigation, prior to commencing the overhaul, having the machine back in our production plans brings a new dimension and significant capacity upgrade to our shop floor”.

Agathos supports Beam, the world’s first crowdfunding platform to help homeless people
Wednesday, December 13th, 2017

Beam logo

Agathos CEO, William de Laszlo has joined Beam as an advisor. Beam is the world’s first crowdfunding platform aiming to help homeless people train up and get into work.

As well as rising numbers of rough sleepers, over 77,000 households now live in hostels and other temporary accommodation – 60% more than in 2011. Beam crowdfunds money for homeless people to undertake employment training, then supports them through employment training and into work. Beam members are referred through partnerships with more than 10 registered homelessness charities, including St Mungo’s, The House of St Barnabas and Thames Reach. If you would like to support a Beam member please click here.

Agathos strongly believes in supporting social causes to bring about lasting positive change and see Beam as a remarkable humanitarian initiative, using business and technology to help with the UK’s homelessness crisis.

Vikoma wins multiple awards at annual Chamber of Commerce event
Saturday, December 2nd, 2017


Agathos portfolio company Vikoma has won 3 awards at the Isle of Wight Chamber of Commerce business awards for excellence. Vikoma won the top award of the evening, the Business of the Year award, as well as International Business and Apprenticeship provider awards.

President of the Isle of Wight Chamber of Commerce, Geoff Underwood, said:

“This business exemplifies so many great things about the Island. They have heritage. They’ve been based here for decades but they aren’t stuck in the past. Far from it. Their products are changing and diversifying, with a global reputation for quality. They’re exporters and ambassadors for the Island around the world”.

William de Laszlo, CEO of Agathos:
“On behalf of all the team at Agathos, well done to everyone involved at Vikoma for winning these awards. This has been a fantastic year at Vikoma and we look forward to another great year in 2018″.


Prince Edward learns about Vikoma
Thursday, November 16th, 2017

c2ag_700x500_3_Prince Edward Marine Careers Fair

Megan Macgregor from Vikoma had the privilege of meeting Prince Edward at a careers fair at the Royal Yacht Squadron Cowes.

He showed great interest in Vikoma’s entry to the flood market as well as its longvity in the oil spill industry.

Agathos portfolio company Vikoma has turned 50
Friday, October 27th, 2017


Several agents and distributors from all over the world visited the Isle of White factory for demos, workshops and a 50 year celebratory party with employees.

Vikoma has been manufacturing reliable and innovative oil recovery and environment protection equipment for 50 years. Equipment is designed by the experienced in house team on the Isle of Wight, UK. Founded by BP after the Torrey Canyon Oil spill off Cornwall in 1967, Vikoma is committed to providing high quality products that can be relied on when needed. First class support services available from maintenance to commissioning and training.

In 2015 we backed a management buy-out and have subsequently invested heavily in development to ensure products remain market leaders.

Oil Spill Recovery.
A full range of equipment to contain, recover a store oil from an oil spill. Oil spill containment booms manufactured are neoprene and polyurethane for deployment offshore, near shore and inland; a range of oil recovery skimmers including the Komara skimmer with an oil recovery rate of more than 98%; together with storage and clean up solutions.

Oily Water treatment
A range of equipment specifically designed for use within refineries, petro chemical, power generation and waste oil pits. Equipment provided is certified for use in hazardous areas and able to operate in high ambient temperatures with a design life of typically 25 years.

A range of temporary flood barriers for a comprehensive provision against flood damage together with ancillary equipment for cleaning up after a flood.

Oil Containment Booms, Oil Recovery Skimmers, Oil Storage Tanks, Power Packs, Pumps and Pipeline Systems, Dispersant Systems, Ancillary Equipment, Vessels, Training and Commissioning, Flood barrier, Flood remediation, Water treatment solutions, and beach clean up

Agathos sells branded merchandise business Dukes of London to international acquirer
Monday, September 4th, 2017

Notice of sale – London, September 4th 2017

Agathos Management LLP is pleased to announce the sale of Dukes of London to Bensussen Deutsch & Associates LLC (BDA), one of the foremost global branding merchandise agencies, headquartered in the USA.

The sale of Dukes was a competitive process but ultimately we felt the personal and client focused culture of BDA was the best fit with Dukes.

Based in Shoreditch, the creative hub of London, Dukes offers a complete range of branded merchandise and gifts, in addition to global merchandise solutions, webstores and storage facilities.

BDA has revenues in excess of $300 million USD and currently has offices in the UK, Manila, Shanghai, Shenzhen, and 32 locations in North America. BDA offers marketing services and customized branded merchandise to Fortune 1000 enterprises, major sports leagues and global entertainment holding companies.

Agathos believes that the combination of Dukes’ presence in the market and BDA’s infrastructure, branding, purchasing scale and global reach will be a highly successful combination and serve Dukes’ clients well.

Jay Deutsch, cofounder and CEO of BDA said of the acquisition:

“It is an exciting time at BDA as we continue to execute our strategy to grow our global platform. We are very happy to add the experienced team from Dukes to BDA UK. This combination will allow us to better serve existing and new enterprise clients through in-territory support and market-specific expertise throughout the UK and Europe.”

William de Laszlo CEO of Agathos commented:

“I have been really impressed by Jay and the team at BDA and feel confident that we leave Dukes and its customers in great hands. The combined business will provide many synergies and thereby an exciting platform to build upon the growth that Dukes has made in the UK market. 

I wish everyone involved at both Dukes and this transaction thanks for all their hard work and all best wishes for the future. We will continue to order many of the niche and exciting products offered and will continue to recommend other businesses that are keen to promote and enhance their brand to do likewise”.

If you have any branding requirements we would recommend you get in touch with Sales Director Stuart Shepherd ( or Deborah Rees ( MD of BDA UK.

For more information on the power of merchandise, visit or


Agathos and Cargostore raise £12,702 for the Charlie Waller Memorial Trust
Monday, July 31st, 2017


Agathos and Cargostore Run For Mental Health Awareness
Monday, July 10th, 2017


From left: Agathos CEO William de Laszlo, Charles Richards (Agathos), Camilla Costa (Cargostore), Marloes Wanrooij (Cargostore)

Agathos Management LLP and Cargostore Worldwide Trading participated in the Virgin 10K run on 9th July, carrying two containers on stretchers around London. The aim was to raise funds and awareness for The Charlie Waller Memorial Trust (CWMT) which was set up in 1997 in memory of Charlie Waller, a young man who took his own life whilst suffering from depression.

CWMT raises awareness of depression and fights the stigma associated with this, providing training to schools, universities, GPs, nurses and employers, and encouraging those who may be depressed to seek help.

Over £12,000 has been raised and counting – an amazing amount of money for an incredible cause. Over 300 people generously donated online in the run up to the event, and the large containers received both a lot of attention and donations during the run, from both spectators and runners. Donations continue to come in after the event. From all of us that took part we want to wish everyone a massive thank you for the support.

William de Laszlo, CEO of Agathos and Trustee of CWMT:

“Participating in the Virgin 10k run was an amazing experience and it was great to do this in conjunction with Cargostore. I have been affiliated with this charity for many years, and I have seen first hand the amazing work they do and the positive impact this makes on so many people’s lives. When depression touches peoples lives it often goes unnoticed, due to the stigma associated with it. With this run we were able to help both with fundraising and raising awareness for the charity. To anyone that donated or has spread the word of this amazing charity a massive thank you from us all at Agathos and Cargostore”.

Charles Richards, Chief of Staff at Agathos:

“Charlie Waller was a cousin of mine who took his own life whilst suffering in silence from depression nearly 20 years ago.  The work this charity now does is extraordinary.

The run itself, winding its way through the iconic sights of London, exceeded my anticipation as an event, as did the weight of the cargo containers we carried!  What left a deeper imprint was the level of camaraderie and sense of togetherness I experienced; with our team mates, fellow runners, race supporters lining the streets and unsuspecting members of the public.  The latter, many of whom were tourists, were faced with a puce-in-the-face bald bloke charging up to them brandishing an orange bucket, babbling at them in an out of breath way about a charity that saves lives through its extraordinary work in combating depression while pointing at a handful of people in green t-shirts lugging a large container about.  So many gave so freely.  Of course accumulatively this didn’t make the containers any lighter.

It was only on reflection after the event that I realised that the humility and connection I had experienced that morning was the very thing the Charlie Waller Memorial Trust works so hard to bring to those who due to depression do not experience it.  It was a privilege to play a small part in it.“

Visit for further information.


From left: Bee Heller, Tom Wright, Daniel Knight, Charles Oakshett, John Butt, Charles Richards, Marloes Wanrooij, Camilla Costa, William de Laszlo, Jim Bastin and Simon Danielli.


Agathos Cargostore dinner
Thursday, May 4th, 2017

14 LR

An enjoyable evening between Agathos staff and the Cargostore team in Wimbledon.


Agathos acquires Cargostore
Friday, December 16th, 2016

Agathos Management LLP has taken a majority shareholding in global shipping container provider, Cargostore Worldwide Trading Limited.

Founded in 1993, London-based Cargostore is one of the world’s leading suppliers and operators of a fleet of container equipment to a diversity of global user markets. As well as supplying ISO9001 dry and refrigerated containers for sale and hire globally to customers with complex or hard to service requirements, Cargostore has a large range of specialist DNV rated offshore containers to service the offshore energy sector

The acquisition and restructure of Cargostore Worldwide Trading Limited was a highly complex deal, involving 5 different banks financing the containers, complex lease agreements and multiple counterparties. Between the various advisers, banks, lawyers and interested parties there were over 40 people directly involved in this complex deal, with many more no doubt helping in the background. We would particularly like to thank the team at Investec for their assistance.

Albert Farrant led the deal for Agathos, with assistance from lead analyst Daniel Knight, Vicki Conway, Lyndsey Harding, Jim Bastin, Charles Richards and Simon Danielli, and overseen by Managing Partner William de Laszlo.

Albert Farrant, Investment Director for Agathos commented:

We are very pleased to have been able to successfully execute a complex financial restructure in order to recapitalise Cargostore.  This was a classic opportunity for Agathos where balance sheet challenges as well as some turbulence in its core markets was constraining a business with strong underlying fundamentals and strategic value.  Removing the balance sheet constraints should allow Cargostore to service its customers more effectively and achieve stable growth for many years to come.”

Agathos are backing the incumbent management team to lead the business going forward, particuarly the Managing Director Justin Farrington Smith, Jacob Poot who runs the offshore division and Keith Beton, non-executive co-founder of the business.  They will be joined by new Chairman Peter Williamson, a former partner at Better Capital and highly experienced chairman in businesses undergoing transformation or rapid growth.

Justin Farrington-Smith, MD of Cargostore said:

“In the face of challenging market conditions globally, Cargostore has continued to expand both in terms of new product and service development as well as its reach to new markets through geographical expansion of operations.

“The very welcome engagement of interest and subsequent investment in our business by Agathos has come at an opportune moment as we prepare to engage in a new term of further strategic growth over the next five years. Agathos’ belief and support brings enormous benefit also to our valued employees and customer base.

“We could not better Agathos as both stakeholder and investor in this company and I am delighted to be working with the team at Agathos.” 

The incoming Chairman of Cargostore, Peter Williamson commented as follows on the deal:

“I am delighted to have the opportunity to work with Cargostore and Agathos to realise the undoubted potential of the excellent team at Cargostore.”

Cargostore specializes in the sale, rental, storage and distribution of containers, with services ranging from intermodal shipping to UK domestic market sales of used containers for personal or small business storage use. Cargostore is also one of the world’s fastest-growing specialist suppliers of DNV Offshore carrying units to the international energy sector.

The company maintains one of the largest ranges of container types available; in addition to standard dry cargo units, Cargostore offers pallet-wide, side and double-door units, open tops, flat racks, bulkers, ISO tanks and temperature-controlled refrigerated units.

If you are looking to rent or purchase a container please do get in touch with the team at Cargostore by calling 08008620388.

We look forward to working with management to help Cargostore achieve its full growth potential.




Vikoma and Koseq Announce International Cooperation
Friday, June 24th, 2016

Vikoma are pleased to announce a new working partnership with Dutch based equipment provider Koseq.

This new partnership will combine the many years of experience held by both Vikoma and Koseq in equipment supply to the Oil Spill Industry.

The collaboration strengthens the range of solutions that Vikoma offer, and are now pleased to include the ViKoseq rigid sweep arm range.

This joining of forces will better serve the customer base by offering a wider more diverse selection of response equipment whilst upholding the Vikoma values of innovation, quality and reliability.

Both companies have many years of experience and a proven track record of providing high quality oil spill solutions.

Karen Lucas, Managing Director at Vikoma said “We are excited and looking forward to working closely with Koseq and see significant benefits to our customers from having a single source, one-stop-shop solution for their oil spill requirements. The teams at Vikoma and Koseq share common values and are committed to working together to supply quality solutions”.

Vikoma is a world leader in the design and manufacture of oil and chemical pollution system based on the Isle of Wight and founded by BP in 1967 after a major oil spill. From it’s UK offices, Vikoma’s experienced in house team offer a full service from design, to manufacture, commissioning and training with quality, reliability and innovation being core all solutions provided.

Koseq is known worldwide for the creation of the sweeping arms. Since 1968 when it made its first developments in dynamic oil recovery in 1968 in The Netherlands, Kosek had been leading the market of rigid sweeping arm Systems. Like Vikoma, Innovation, design and quality manufacture are key to its success.

For further information, please contact Managing Director Karen Lucas.

We did it – Tough Mudder 2016
Monday, May 9th, 2016

Agathos mud mile

Agathos to invest in SMEs in Northern Ireland
Thursday, March 17th, 2016

New team headed up by Simon Danielli

London-based private equity fund Agathos Management LLP, which invests in SMEs in complex situations, is now actively looking for opportunities to invest in SMEs in Northern Ireland.

The new Agathos venture will be run and managed by the former Ulster and Scotland rugby player, Simon Danielli who worked at Ballyculter Trading, a multi-faceted private investment company in Northern Ireland, working across all areas of the life-cycle of alternative investments.

Agathos typically invests between £500,000K to £7million in small to medium sized enterprises (SMEs) across a range of sectors. Agathos is now expanding into Ireland, north and south, and is actively seeking investment opportunities to partner with management teams and create value and long-term growth in SMEs.

Simon Danielli, Agathos’ investment advisor in NI, commented: “I’m excited about this new role and the timing is perfect. The economy over here is showing signs of growth and there are an increasing number of businesses looking for support to grow. I’m now leading the Agathos effort to source both individual investment opportunities as well as acquisition opportunities for the Agathos portfolio.”

“In my last role I identified emerging investment opportunities and the plan is to put that to use here in Northern Ireland and in the Republic. There are occasions when an SME is on the verge of growth and may need a capital investment and strategic and operational support. It is important to get that timing and partnership right and that is the service we now aim provide locally.”

William de Laszlo, Agathos Founding Partner, said: “Simon is welcome addition to our growing team. We strongly believe in investing in the right businesses, in the right way and at the right time and Simon is going to spearhead our strategic efforts into Ireland with the full backing of the team in London.”

Simon previously played professional rugby with Bath and Ulster and international Rugby for Scotland, being capped 32 times, including playing in 2 world cups, most recently in New Zealand in 2011. He regularly provides analysis and commentary on rugby for BBC Radio Ulster.

Vikoma Winter Newsletter
Thursday, March 10th, 2016


Over the past few months, since the management buy out, Vikoma have made some substan al progress into new projects, successfully completed several new ventures and have con nued to provide an outstanding level of service to customers around the world. It’s the start of a new year with some strong opportunities ahead.

Download the Vikoma Newsletter Winter

Newsletter topics:

  • First ship to shore sealing system for piers commissioned
  • Our First International Workshop!
  • Vikoma attend response exercise in Chile
  • New website
  • Skimmer Efficiency
  • Vikoma trains US Distributor
  • Visit from the Isle of Wight College
  • Toolbox Training
  • New Product launch at Spillcon
  • Message from the Managing Director, Karen Lucas

Download the Vikoma Newsletter Winter

Agathos backs Vikoma in management buy-out
Thursday, February 11th, 2016


Agathos Management LLP has backed the senior management of Vikoma International Limited in a management buyout.

Based on the Isle of Wight and founded by BP in 1967 after a major oil spill, Vikoma International is a world leader in the design and manufacture of oil and chemical pollution control systems.

The Agathos team will provide financial, strategic and operational support to the Vikoma management team, comprised of: Sales Director Paul Rayner, Operations Director Mark Wheeler, Engineering Director Neil Plater, Finance Manager Martin Hammond and Quality and Technical Manager Gary Barnes.

The Vikoma management team have 90 years of collective industry experience and will be led by Managing Director Karen Lucas and incoming Chairman Paul Herbert who was previously MD of Vikoma between 2005 – 2006.

Karen Lucas, MD of Vikoma said: “This deal marks a new beginning for our business. This will enable us to create a solid platform from which to grow and continue to deliver the product innovation, reliability and quality of service which are synonymous with our brand.”

Chairman Paul Herbert of Vikoma said: “The new investment from Agathos, together with their experience in working with businesses to deliver long-term business growth, will enable us to drive forward in a rapidly changing global market.”

William de Laszlo, Agathos Founding Partner, said: “We are excited to have the opportunity to back a business with a proud history right at the forefront of pollution control. The management team are be ideally placed to fully capitalise on future growth opportunities.”

Agathos gets creative
Monday, November 16th, 2015


Agathos, the London-based Private Equity firm has invested in EAT Communications to help fund the acquisition of a property marketing agency.

With the financial backing, EAT Communications has extended its portfolio of companies which includes Inhabit, a creative marketing agency with the acquisition of AP Marketing.

AP Marketing is a London-based creative marketing agency which delivers creative marketing campaigns and one-off solutions for clients in the property arena.  Inhabit, with offices in London and Uckfield, is a strategic brand and communications agency for clients in the technology and built environment.

Alan Vine, AP’s Marketing Director, commented, “The Agathos investment has enabled us to spearhead a new beginning for two firms. Knitting the two together means we can offer a broader specialist set of creative marketing services to our property clients wanting creative fire power and innovative thinking across their brand strategy and creative design work.”

Agathos has helped us unlock a new growth opportunity. EAT Communications’ Managing Director Joanna Allen commented, “We’re looking to grow our portfolio organically and through acquisition. We look for companies which are not just good at what they do but those that are a good fit and deepen our skills and capabilities across key sectors.”

Agathos Founding Partner, William De Laszlo added: “We’ve seen first-hand the creativity of the two firms and as such bringing the two together creates perfect synergy. AP Marketing’s clients will now benefit from Inhabits’ extensive experience in brand strategy, exhibition and event management, digital marketing, content creation and PR.”

AP Marketing has recently completed exciting branding and marketing campaigns for Investream, Legal and General, Galliard Homes, Clearbell, Eskmuir Securities, Kames Capital, Goldacre Ventures and Wrenbridge.

Agathos backs branded merchandise business
Tuesday, September 29th, 2015


Founded over 20 years ago, Dukes of London is a premium-brand promotional-merchandise company that provides goods and services to blue-chip corporations and public bodies worldwide, with offices in London and Mainland China, and partners in USA, India and Australia.

Dukes of London provides branded clothing, gifts, product innovations and highly creative ideas that help businesses promote their brands. By sourcing globally, Dukes offers its clients an unrivalled range of products, bespoke items and competitive pricing.

Douglas Grays, Dukes’ CEO, will continue to lead the business and drive the growth of both the UK and Asian operations with the support of Stuart Shepherd, Sales Director.

The Agathos team will provide financial, strategic and operational support to the Dukes management team. Ray Peck will join as Chairman. Ray brings 29 years of senior-management experience in UK and European office products, print management and marketing services.

Ray Peck commented: “The investment will provide a firm foundation from which to grow. The move cements Dukes as a strong, thriving business and will facilitate further development of the group’s global customer base.”

Douglas Grays added: “We are delighted to have Agathos on board. Through our established bases in London and Asia, and our connections with partners in North America, we manage a number of significant global contracts. With the Agathos team’s specialist skills, resources and finance, we will be able to take the company to the next stage of growth and development. We are excited about the future and the opportunity for potential complementary acquisitions.”

William de Laszlo, Agathos Founding Partner, said: “Dukes has built an exceptional reputation for delivering valuable expertise and merchandise to some of the world’s leading companies and we share their entrepreneurial vision for the business’s future.”

The opportunity to invest in Dukes was introduced to Agathos by Aqvvs Capital an independent UK-based firm that sources alternative investment and funding solutions for established businesses.