Published April 7, 2021

GCP completes investment in Hippo Digital, its second investment in Fund V

Growth Capital Partners is pleased to announce a minority investment in Hippo Digital, the second investment of GCP’s Fund V.

Hippo Digital is a cutting edge design and delivery digital transformation consultancy. Founded in April 2016, it has quickly established itself as a leading supplier of digital leaders, service design teams and delivery expertise in support of large scale digital transformation programmes to public and private sector organisations. Through its focus on user-centred and evidence-based design, Hippo Digital adds value and delivers lasting change to the organisations it works with.

Hippo Digital has grown impressively through a blue-chip client base that includes health and care providers, financial services and government departments with a workforce of almost 200. The service offering has expanded through the successful acquisition of Converging Data, enhancing its data analytics and scientific capability. GCP’s investment will assist Hippo Digital’s ambitious growth plan, building on its success achieved to date, supporting clients while continuing its further expansion across the country – including the creation of new technology roles in Leeds and Coventry.

Liz Whitefield, Director, Hippo Digital, commented:

“GCP specialises in supporting high-growth UK businesses and we are really excited to be working with a team of experts who not only have proven expertise in our sector but absolutely get our culture, something all our Hippos align to and which is at the heart of our success.

Adam Lewis, Co-founder, Hippo Digital commented:

“We’re delighted to have GCP on board, they have a great track record in the digital transformation space and the investment will support the next phase of our growth plan, including implementing the new Hippo Academy. We were focused on finding a partner that can support us and in GCP we have found like-minded people and we’re excited to work with them going forward.”

Alex Thomson, Partner, GCP, commented:

“We are thrilled to have completed an investment to support the exciting growth plans of Hippo Digital. Hippo is a specialist digital transformation consultancy with an exceptional track record in designing and delivering digital services that are of critical importance to their clients. The business has grown impressively over the past few years and Hippo has a differentiated culture that reflects technical excellence and client centred delivery. We look forward to an exciting journey of supporting Adam, Rob, Liz and the rest of the Hippo team as the business continues to innovate, deliver for its clients and grow”.