YorkTest Laboratories

Health testing

July 2017

£8.7 million investment

“KCP have provided YorkTest with excellent advice and support throughout its investment in the business. KCP bring a wealth of financial and commercial experience to share with our management team. They attend monthly board meetings and help us focus on the key issues, review strategy and drive the business forward. James and Matt, together with all the KCP team, bring a positive and supportive approach as investors in our business. ”

Richard Dawson, Managing Director | YorkTest Laboratories

The business...

YorkTest offers a range of nutrition, health and wellbeing tests to the general public, both directly through its dedicated e-commerce website and indirectly through its network of expert practitioners. The business sells its products both in the UK and overseas.

YorkTest has established a 35-year heritage as a leading provider of health and wellbeing tests within a rapidly growing market. With its B2C e-commerce solution centred around the core IgG antibody food intolerance test, the business benefits from an in-house laboratory and offers its customers an enhanced service offering through its provision of expert nutritional therapist consultations following receipt of results. Building on the success of the food intolerance offering, YorkTest diversified its product range to provide a full range of nutritional, health and wellbeing tests. The business continues to build on its brand alongside investment in the laboratory, e-commerce website and IT infrastructure to improve its service offering.and provide an enhanced customer journey.

The business also sells its products B2B through a network of expert practitioners both domestically and overseas. These subsequently provide the product to their customers, with YorkTest providing the testing and ongoing support.

The deal...

KCP invested £8.7 million for a majority stake in YorkTest Laboratories in July 2017, backing the management team to purchase the business from its parent company.

KCP value-add...

Since our investment we have:

  • Augmented the senior management team to support future growth of the business with KCP bringing in a Managing Director, Finance Director and Marketing Director
  • Made significant investment in the laboratory to improve operational efficiency and increase capacity
  • Invested in the marketing function to further strengthen market position and brand
  • Sourced and appointed an experienced Non-Exec Chairman
  • Assisted with new product development plan and strategic diversification of the product base and customer proposition
  • Invested in a new UK and US website