Conference

Backing start-up businesses with patient capital.
George Davies – Hambro Perks


London September 24, 2018 2:15 pm - 2:30 pm

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George Davies

The Hambro Perks model.

They invest permanent, patient capital off their own balance sheet, into businesses founded by outstanding entrepreneurs, helping them to build world changing, global businesses.

They are very active investors, and if prospective investees don’t embrace the advice, support and strategic guidance they are able to give them, then they don’t invest.

  

Hambro Perks is a shareholder-funded business that invests its own capital.

Once they have done all the required due diligence, and invested, the Hambro Perks team often help those companies raise money from other experienced-investor individuals, family offices (local and overseas) and sovereign wealth funds.

These are all businesses in which Hambro Perks have invested their own money, on the same basis as their co-investors. So, they have material skin in the game, and true downside risk.

Hambro Perks see about 1,500 opportunities each year and usually invest in around 10-15.

Their portfolio is ‘currently [July 2018] 38 companies, with a combined value approaching £600million.’

Because of demand for co-investment, from rich individuals and local and foreign family offices and sovereign funds, they have now developed a co-investment fund vehicle, that co-invests alongside the Hambro Perks deals.

For individuals who can claim EIS Relief, they are able to do that on a deal-by-deal basis through this vehicle. Entities (such as trusts or corporates) that invest get access to the same deals.

 

Two brief examples of companies which they have invested in and supported are,

Laundrapp – an on-demand laundry service that allows individuals or businesses to order the pick-up and drop-off of their laundry and dry cleaning at a time and place that suits them. Dominic founded that business. They have supported Laundrapp through rapid expansion to become the number 1 player (by far) in the UK and it has embarked on ambitious global expansion plans with the technology licenced, very profitably, to laundry companies in 7 other countries to-date.

Secondly, Quorso, is one of the fastest-growing start-ups in Europe.

It’s on a mission to unlock the human ingenuity that powers the world’s largest companies. Built on machine learning and behavioural science, its transformational tech empowers organisations to continually learn and implement best practices…and greatly increase their profits.

Only three years old it already has significant revenues from the US.

 

Hambro Perks welcomes the involvement of interested and engaged co-investors who understand their investing philosophy – whether that might be investing in Hambro Perks itself, or via the co-investment fund.

 

For more information on co-investing, contact Simon.Gall@HambroPerks.com