Revolution Partners has sh犀利士
own resilience to the fallout of the Covid-19 outbreak across its core investments. Whilst some portfolio businesses have inevitably seen a fall in revenue, all have been restructured in the face of the crisis and have robust plans in place to commence trading as soon as circumstances allow.
Keeping staff and clients safe during this crisis is at the forefront of all of the portfolio businesses’ continuity plans. Teams across the portfolio have been reviewing leading scientific reports, and have produced business specific processes which conform to the Government’s Social Distancing guidelines.
The changes COVID-19 has necessitated have been positive for some businesses within the portfolio. The Warehouse Gym has capitalised on the demand for home workouts as. many choose to keep fit whilst in quarantine. The gym offers online fitness classes which focus on body weight exercises, and cardiovascular fitness.
Versa Forma’s online only purchasing platform allows consumers to shop safely for active wear during the COVID-19 pandemic.
There has been an increased demand for contactless transactions across the UK as a consequence of the coronavirus outbreak. Mother vending machines have a contactless payment option on all units which stock both short dated fresh, and longer dated pre-packaged food. The vending machines touch screen works with styluses, providing a safe vending experience for the user. Discussions continue around a wider UK and European roll out of these machines.
Oliver Harris, Managing Partner of Revolution Partners stated: “Extensive work has been carried out by our portfolio companies and I am confident that we are well placed to continue trading as soon as we are able. COVID 19 will change the way business is done globally. Our businesses are working with us to position themselves correctly for the challenges the virus presents, both now and in the future.
