Technology
The growth of the technology sector over the last 20 years has evolved to include subsets such as proptech, medtech, healthtech, adtech, sports tech, agritech, marinetech and biotech.
These subsets are now supported by specialist VCTs and private equity houses who have both corporate finance experts and analysts with a deep understanding of these subsets. The key to success is knowing which VCT or private equity house to approach.
Asset Backed Business
Covers a number of sectors including self-storage, serviced offices, serviced apartments, affordable workspace and data centres to name but a few.
Over the years, Altcor Capital has been able to secure funding for a number of asset-backed businesses.
Accordingly, Altcor Capital has built up close relationships with private equity houses and debt providers that understand how best to structure funding for asset asset-backed businesses, which often involves an Opco / Propco structure.
EV
According to Beyond Market Insights, the size of the Global Electric Vehicle Market was worth around USD 178.5 billion in 2021.
This revenue was generated not just from well-known electric vehicle manufacturers such as Tesla. It also includes manufacturers of electric vans, buses, motorbikes, scooters and wheelchairs together with component suppliers to these companies.
In recent years, Altcor Capital has acted for a number of clients within this sector including Saietta Group plc, Arc Motorbikes and Centaur Robotics.
RENEWABLE ENERGY
The rapid climate change, the dependence on limited fossil resources and the resulting volatility in energy prices recognises the paramount importance of energy transition.
Specialist private equity houses, venture capital providers, strategic investors and infrastructure funds now provide both debt and equity solutions to this ever-evolving sector.
Altcor Capital has structured funding solutions for a number of companies within the renewable energy and circular economy sectors, including the developer of solar PPA installations, the owner of proprietary decarbonisation waste to energy technology and the developer of an end of life tyre recycling plant.
real estate
Securing planning permission on land or change of use in relation to a property can greatly enhance the value of such land or property.
Some Land Promotion companies target brownfield sites, others greenfield sites. The projects can dramatically vary in size covering residential, commercial, industrial, retail, student accommodation, buy to rent, co-living, assisted living and mixed use schemes.
There are significant costs involved and the process can vary from a few months to a number of years.
Altcor Capital has many years' experience of introducing and structuring both debt and equity funding from real estate funds and family offices to a wide cross-selection of real estate developers.
Sport
For a period of 20 years from 2001, Patrick Cannon headed up the sports group at Fieldfisher LLP (www.fieldfisher.com).
During this time he has been involved in equity fundraises for many high-profile sports business transactions including the IPO of Glasgow Rangers FC, the contested takeover of AIM-listed Southampton FC, a placing and open offer for London Irish RFC, the takeover of Donington Park Racetrack and the listing on AIM of sports agency business Essentially Group via a reverse into a cash shell.
Apart from equity funding, some sports such as football have long-term income streams arising from broadcast rights, sponsorship or season tickets which have proven to be very attractive to specialist debt providers.
