Page 18 - Venture Partner Program 2019 - Praetura Ventures

“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,
Praetura have filled CFO, NED, Commercial
16x Development and Chairman roles… They’ve
really gone the extra mile for us”
Return* Paul Connor, CFO

Why Did We Invest?
Highly scalable business, with strong traction in the market,
underpinned by recurring revenues and cashflows. Sector Energy
First Investment 2011

What Went Well? Cohort Praetura 1
The business grew organically, but the major success was listing the Investment £1.3m
business and then adopting an aggressive buy and build strategy, Return* £21.5m
backed by supportive shareholders.
Multiple 16x
What Did We Learn?
Recurring revenue with limited working capital provides
a great platform from which a business can generate value either
organically or by acquisition.

2011 2012 2013 2014 2015 2016 2017 2018

Investment Asset Value Distribution**

** 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

*Past returns are not indicative of future returns