A focused approach

We structure our funds to manage risk and preserve capital as well as benefit from capital growth. We invest primarily in established and more mature unquoted companies with predictable cash flows and revenues, as well as healthy balance sheets. We maintain a disciplined focus on the qualifying UK smaller unquoted companies sector. Companies should be: 

• UK companies achieving sales of £50m or less

• EBITDA positive or with a clear route to generating positive EBITDA

• Demonstrating the potential to deliver robust, achievable growth 

• Able to show a strong balance sheet

A structured process

We have a well-honed methodology that combines our experience and judgement with in-depth analysis and a rigorous due diligence process. The process starts with a careful pre-screening stage and continues right through to the final exit. An investment is only as good as the value achieved on exit and our senior executives have many years experience of all forms of exits: trade sale, placement, secondary buy-out, IPO or recapitalisation. 

A ‘hands-on’ style (execution, execution, execution)

Strategy is important but successful execution is essential. Once we have invested in a company, we work closely with them to help them execute their strategy and build value leading to a successful exit. The right chemistry is important and we frequently take a position on boards or use contacts in our investment community to augment the management team if needed.