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VCT / Private Equity
We can introduce you to the major private equity houses who are looking to back growth businesses.
Altcor Capital will work closely with you to understand your funding requirements and assist with the preparation of a suitable Investment Memorandum. We will lead negotiations with a number of private equity houses in a competitive environment. Following execution of the term sheet, we stay fully engaged until the fundraise has been completed.
Pre IPO & IPO
Choosing whether to float a company is one of the most important business decisions that the directors and owners of a company will make.
Whilst there are significant benefits in floating a company, there are also some drawbacks. Floating a company on the Stock Market involves selling a percentage of your company in the form of shares to Stock Market investors. These could be institutional investors or private investors / individuals.
There are over 30 nominated advisers and brokers based in London. It is of paramount importance to appoint the most appropriate nominated adviser / broker to ensure a successful IPO. When putting together a beauty parade to choose a nominated adviser and broker, Altcor Capital takes into account the size of the placing and the sector concerned. Following appointment of the nominated adviser / broker, we stay fully engaged until the IPO has been completed.
Reverse into a cash listed shell
Cash shells are companies with a Stock Market listing who have an established board of directors with some cash in the bank.
They differ from other listed companies because they have no active business. These are usually established as "investment vehicles" with the owners looking for a business to invest in.
For some privately owned companies, using a cash shell can provide a less risky route to joining the public markets than the more conventional listing and fundraising. Companies are often attracted to floating via a reverse transaction into a cash shell as there is a transparent amount of cash on the balance sheet of the shell company ready to invest in the right company.
sale of a business
Unlike most "sell side" advisers, Altcor Capital will usually work on a purely contingency fee basis.
We know that selling your business can often be very stressful. That’s why we strive to work diligently for the owner of the business in order to identify the target buyer (whether it be a trade buyer or private equity) that is able to close a deal and pay the best possible price.
mbo / MBI
An experienced and commercially minded management team is essential to ensure that an MBO or MBI transaction is attractive to any third party investor and the business's future success.
The valuation is often the major stumbling blocks in MBOs and MBIs and it is crucial for all parties to feel that they are being compensated fairly and achieving value.
Funding is another area where deals break down. The management team will often fund a portion of the purchase price. Choosing the most appropriate private equity partner is crucial, especially when most funders request robust warranties and indemnities to protect their investment.
