Spotting future potential in a business
Not every business that is introduced to Maven will be investment ready. In turn, we don’t always expect every business to be the finished article. As one of the UK’s most active investors in growth companies we also look at future potential and whether a potential investee has a clear, credible business strategy that is capable of delivering growth in profit and earnings.
Watch Tom Pickersgill, CEO at Orka Technology, and James Darlington, Investment Director at Maven, discuss the helpful 12 hour support programme Maven runs as part of it management of NPIF Maven Equity Finance and how the initiative helped Orka make tangible progress against its commercial milestones and ultimately receive equity investment to accelerate its growth.
James: We do invest in pre-revenue businesses, so in terms of our Northern Powerhouse Investment Fund whereby we've done about 65 investments, I'd say about five to ten of those have been pre-revenue businesses.
The interesting one with Orka is they actually moved on to our 12-hour support so we saw the market opportunity and we liked the business, but it was a little bit too early for us.
Tom: Maven came on board and supported us with 12 hours of support so that was to understand the business and put some basic pieces in place before they came aboard and invested into us, and so I spent time with Jim putting models together, creating marketing collateral and stress testing our assumptions.
James: During that 12 hours of me working alongside Tom whereby I was sort of helping him build his financial model and trying to accurately forecast the next three years. Tom will probably profess and hold his hands up to admit that financials are not his strong point and during that time I thought getting to know Tom a little bit better. I think from my perspective I just understood the total addressable market but also the opportunity that was in that market.
Tom: To be fair to Maven, they did take that gamble with us and suppose it backed me as a person more than anything. If there's no revenue coming through business, it is commendable really, because the northwest venture capital scene isn't something that usually does something like that.
VCT funding is helping the business grow its highly scalable new SaaS platform, and expand into lateral recruitment markets.
Watch Richard Bradley, Managing Director at Dyer Engineering, and Michael Vassallo, Investment Director at Maven, discuss their collaborative approach throughout the investment that helped transition the business into a larger and more valuable entity.
Maven leads MBO of Envitia to help accelerate the growth of the business through further product development in AI & ML as well as expansion into new sectors.
Watch Sarat Pediredla, CEO and Co-founder of hedgehog lab, and Michael Vassallo, Investment Director at Maven, discuss how private equity backing goes beyond mere finance. They explore how entering a new relationship with an investor can bring about significant changes for a business, especially when embarking on a growth programme.
Funding through the Finance Durham Fund helps the business take its next step by transitioning its minimum viable product to a full-scale commercial product.
Watch Jonny Catto, Managing Director at iPac and David Nixon, Senior Investment Manager at Maven, discuss the significance of having the right people and the right product as crucial ingredients for business growth.
Maven helps the senior management team complete the buyout of the business and supports McGavigan's successful expansion into China.
Hear about how funding through NPIF Maven Equity Finance is enabling Membr to expand overseas and keep on track to achieving its growth ambitions.
Funding from the Maven VCTs is supporting the continued growth of the business as it seeks to capitalise on market opportunities in both the UK and US.
Watch David Clee, CEO of MirrorWeb and Jeremy Thompson, Partner at Maven discuss the business' NPIF investment and how the Northern Powerhouse Investment Fund is backing ambition across the region.
Multiple rounds of funding through NPIF Maven Equity Finance enables start-up Orka to grow significantly.
Capital and support from the Finance Durham Fund enables management to complete a management buyout and grow its self storage business across North East England.
Watch Neil Spann, CEO at Power Roll and Michael Dickens, Investment Manager at Maven, discuss the importance of working collaboratively and how a supportive investor can provide management teams with the right platform for growth.
Maven’s VCT investment enabled Quorum to capitalise on the significant growth opportunities they were seeing in the cybersecurity market.
Watch Robert Dowd, CEO at Yimba, and Alex Rothwell, Investment Director at Maven, discuss the importance of tailoring a funding package that works for the business now as well as its long term growth objectives.
No matter the problem, big or small, our team aims to provide our portfolio companies with the resources and expertise required to help you scale and achieve your goals.
Hear from some of our portfolio companies as they debunk the myths around private equity finance.
Early stage businesses are rarely the finished article and so our team specialises in seeing beyond that and spotting the real growth potential.
We back people, not just businesses, and together we aim to enhance your business by providing the capital and expertise to help you accelerate growth.
Business leaders and entrepreneurs from some of our investee companies discuss their advice for preparing your business for growth.
Learn more about the Finance Durham Fund and how it is transforming the financial landscape for growth focused businesses across County Durham
Find out more about the equity fund which Maven manages and how it is helping ambitious North West businesses to fulfil their growth potential.
Private equity is more than just an exit path, it can provide ambitious business leaders with the capital and expertise they require to accelerate their organisations growth.
A look at how VCTs are enabling investors to access private markets opportunities to diversify their portfolio as volatile public market conditions persist.
No matches found