Annual Letter: 2025
2025 has been a year of disciplined growth for YAD Capital Investments.
YAD Capital entered 2025 with a GAV of £9.8m and a team of 20. Since then, the group has scaled materially, with headcount increasing to 48 and GAV rising to £15.4m, representing growth ofaround 57% on a conservative basis.
This progress has been driven by the acquisition of cash-generative operating businesses, executed with a disciplined, downside-focused investment approach. Of the current GAV, £4.3m (c.28%) relates to real estate supporting the group’s trading operations. Looking ahead, YAD Capital is targeting c.£25m of GAV by 2026, supported by an active and well-aligned acquisition pipeline.
