We are delighted to announce a successful completion of a turnaround funding project that encapsulates all the reasons why we operate in this market… >>>
The run up to Christmas is always very busy with many clients seeking to close out on funding before the break - inevitably almost all have to wait until January and even February before completion takes place. We have five such projects ranging from £75,000 to £2.5 million of investment, demonstrating the power of our investor network.
We can report that investor appetite for quality turnaround projects has never been higher. We are typically introducing clients to three, four and five different investors in short order, this gives our client maximum opportunity to obtain real offers of funding. Investors have private equity readily available and can add value to the business with their experience, contact base and ability to drive growth and profit. Below is a recent example of a project where we have been instrumental in saving the business, helping the directors raise capital in a matter of weeks.
Wholesale distributor, south east - case study:
Our client is a privately owned wholesaling distributor selling a variety of branded products to retail. despite a history of profitable trading (peaking to date at £14 million turnover with £1.5 million pre-tax profits) they were in danger of going under largely due to a single unforeseeable event. this loss of business together with the general effects of the recession and banking crisis left them with no capital with which to trade.
They were nevertheless a very sound business with much potential. We organised two meetings for them in quick order - one with a private equity group and the other with an entrepreneur. Both parties indicated they wanted to fund and buy into the company. (We had three more investors lined up should they have been needed.)
We are delighted that these investor offers gave the directors, our client, 'ammunition' and options when they confronted the other shareholders. Below is an unsolicited comment from the Finance Director.
"The funding will see us through our immediate difficulties and will allow us to exploit the opportunities we discussed as part of our review of expected activity in 2011, however, and not wishing to tempt providence, if things do not work out as planned I would hope that you would be willing to assist us again in future if necessary, as both the Managing Director and I were truly impressed with the manner and speed with which you were able to identify and put us together with suitable new investors, and the options this gave us were very much instrumental in focusing our shareholders and prompting them to reinvest, although I realise that this is perhaps not the best financial outcome for Beer & Young"
We Can Help So Give Us a Call…
Beer & Young specialise in raising capital urgently for businesses who are suffering cash pressures. Increasingly our clients find themselves under pressure from their key stakeholders, and even those generating profits are unable to unlock new working capital facilities from their banks. Investment from private investors can be the answer; it enables the business to secure its immediate future and gives it the funds necessary to plan for growth and profits.
If you know of a business that is experiencing financial pressures and has a need for capital, please talk to us. Our Investors are very active in today's market; businesses can be preserved and subsequently thrive - for the benefit of all stakeholders.
Nick Young – 0207 329 6886
