Following a review of its business to streamline resources, a strategy was formed to re-focus the company on its most potentially profitable areas and improve shareholder value. The company had been loss-making for several years and the founding shareholder group was seeking an exit in the short-medium term. Since implementing the proposals that stemmed from the review, the company has returned to profitability.
Facilitated and placed an initial £4m transaction; consisting of part equity, part venture debt. Providing both secondary and growth capital for FinTech company Xenomorph, who provide Enterprise Data Management for Financial Markets.
Arranged and executed the sale of shares in a SaaS business, producing a 5.7x net return on capital, and an IRR of 77% for investors.
UK-based business with a patented, radical new wind turbine system, which dramatically improves efficient power output, required significant proof-of-concept funding. New Model arranged the necessary funding through a US investor and potential JV partner for a design and development programme. This required positioning the finance offer for an investor partner with a ratcheted equity incentive. In total £7.6m of equity-linked finance was raised. Final commercialisation of the energy system is targeted for 2017/18, focusing on the US, European and Middle Eastern markets.