Page 49 - Investing in the Praetura Group
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Opportunities for the Group •
There is a significant diversification opportunity
Intermediate Capital Adjacent Niche Financials Additional Funds
We believe there is a significant We are currently exploring the Further out, there is an opportunity to
opportunity to introduce a division, opportunity to acquire a well- build out the equity division to include
providing financing solutions that sit established, profitable, insolvency a number of additional Funds,
between venture capital and secured practitioner based in the North West. including:
debt.
The acquisition would require a • Private Equity Fund
As proven by the Noblet transaction purchase price of c. 3x profits. • Insurance Fund (investing in
(4x return), opportunities exist to insurance assets)
acquire old economy businesses and The skill set addition to the Group • Special Situations Fund
through financial structuring, extract would be significant and could provide • Public Company Fund
significant value for shareholders. additional expertise in situations of
distress for portfolio businesses in Each individual Fund would require the
This business would use central Praetura Debt or Praetura Ventures. acquisition of a team with an
services but require external finance impressive track record in order to
sources and a management team. allow them to raise external capital.
We have recently recruited Michael Whilst these individuals are hard to
Rice, ex partner at Endless, to head up find, we believe that by offering a
the opportunity and to provide funded home for the period required
restructuring expertise and support to for fund-raising (often 18 months plus),
the Group. we would be an attractive funding
partner for ambitious teams.
