Page 29 - Praetura EIS 2019 Fund Information Memorandum

“Praetura just ‘get it’. They saw the
opportunity, arranged pre-IPO funding and
then listed the business which allowed us to
pursue our buy and build strategy and create
significant shareholder value. Along the way,
Why Did We Invest? Praetura have filled CFO, NED, Commercial
Highly scalable business, with strong traction in the market, underpinned by Development and Chairman roles… They’ve
recurring revenues and cashflows.
really gone the extra mile for us”

What Went Well? Paul Connor, CFO
The business grew organically, but the major success was listing the business
and then adopting an aggressive buy and build strategy, backed by supportive
shareholders.

16x
What Did We Learn?
Recurring revenue with limited working capital provides a great Return*
platform from which a business can generate value either organically
or by acquisition.

Sector Energy
First Investment 2011
Cohort Praetura 1
Investment £1.3m
Return* £21.5m
2011 2012 2013 2014 2015 2016 2017 2018 Multiple 16x

Investment Asset Value Distribution**

29
* Past returns are not indicative of future returns
** Assumed Sale Occurred in November 2018, in line with EIS Fund policies which state that Listed securities are to be distributed to investors after 7 years