GCP has signed a definitive agreement to realize its investment in Hippo, with plans to reinvest in the company as it partners with Exponent private equity to support continued growth and innovation.

Information on the Target

Hippo, founded in 2016, is an end-to-end digital services consultancy specializing in the UK public sector. Based in Leeds, the company has expanded its operations across the UK and has grown its workforce to approximately 500 employees. Hippo focuses on user-centered design, engineering, and data analytics, while also emphasizing the training and development of its staff through initiatives such as the Hippo Academy.

GCP initially invested in Hippo in March 2021, collaborating closely with founders Adam Lewis, Rob Coop, and Liz Whitefield to support the company's ambitious growth objectives. Over the past four years, Hippo has strengthened its senior leadership team, refined its go-to-market strategy, and expanded its talent development programs, ensuring its ability to serve a diverse array of clients in both the public and private sectors.

Industry Overview in the UK

The UK digital services consultancy industry has experienced significant growth in recent years, driven by increasing demand for technological innovation and efficiency across both public and private sectors. As