RISK WARNING
All VCT, EIS, SEIS, and Business Relief qualifying investments are high risk and are not suitable for most clients. They are illiquid investments and Investors’ capital is at risk.

Committed Capital Growth EIS

Investment Objective

The Committed Capital Growth EIS represents a compelling opportunity to invest in high growth UK based technology companies across a range of industry sectors.

Our primary objective is to achieve a target ROI of 2-3x (excluding tax reliefs) for investors from high quality investments; through the careful selection of potential investee companies, excellence in corporate finance skills and active support of portfolio companies.

Our investment methodology is based on the principle of unlocking and accelerating profitable growth in portfolio companies. In analysing potential investee businesses, we look for rapid growth in the underlying market as well as a technology and business designed to benefit from this growth. Investee companies must have a compelling proposition, be fully formed and have strong management. We are attracted by companies poised to grow rapidly with the infusion of equity and expertise. These factors are established during exhaustive due diligence.We believe our rigorous due diligence process as a corporate finance house, has resulted in our returns to date of 2.4x ROI (excluding tax relief).

Investments are selected when the following criteria are met:

  • Dynamic Market – fast growing addressable market with low competitive intensity.
  • Well-Positioned Company – strong management team, robust forecasts for rapid growth over the investment period and clear potential for exit.
  • In-Demand Product – (or service) fully developed, addressing a clear market need, with a sustainable technology-based competitive advantage.
  • Post Revenue – generating significant sales (£1m+ annually).
  • Investor Protections – significant minority (20-40%) of the equity typically sought, a board seat and typical shareholder rights required.

Exit Strategy

The intention is to exit within 3 to 5 years of monies being invested via trade sale, IPO, or where appropriate, a sale to a strategic co-investor. Typically exit is through a trade sale or strategic sale.

Since 2001 the team have achieved an average 2.4x ROI (excluding any tax reliefs) with an average holding period of 4 years. The team have invested in 33 investee companies, and made 19 exits and 2 partial exits of which 20 have been profitable and just 1 has made a partial loss.

Exit History

CompanyDate of exit Share purchase priceShare exit prices Total return (net of reliefs)
Synexus Clinical Research01/12/2007£1.00 £1.761.8
Espresso Group Limited01/10/2009£1.00 £4.284.3
Black Teknigas Limited01/10/2009£1.00 £1.521.5
Netcall01/02/2004£0.10 £0.242.4
Astraeus Limited01/07/2007£1.00 £0.240.2
Ashford Colour Press Limited01/10/2009£1.00 £1.211.2
House of Dorchester01/10/2009£1.00 £2.342.3
Vyre Limited01/10/2009£1.00 £6.676.7
Mining Communications Limited01/10/2006£1.00 £1.781.8
SAS12/12/2009£0.16 £0.221.4
Styles & Wood Holdings Limited01/11/2006£1.00 £7.747.7
Travel Class01/06/2006£1.00 £2.572.6
PSP12/12/2009£0.62 £0.851.4
Bond Aviation Solutions01/10/2006£1.00 £1.771.8
LG & DE Limited01/10/2004£1.00 £4.664.7
Speedtax12/12/2009£1.77 £1.851.0
Atlantic Foods Group Limited01/10/2009£1.00 £1.331.3
TC Communications Holdings Limited01/09/2010£1.00 £1.111.1
Fairstone01/05/2014£0.05 £0.091.8
Trade River Limited01/03/2015£0.29 £0.592.0
FSB Technology Limited31/07/2019£12.27£33.262.7

Fund Manager

Sapia Partners LLP

Sapia Partners LLP acts as Principal Firm to Committed Capital Limited and as Alternative Investment Fund Manager (“AIFM”) to Committed Capital Growth EIS Fund. Sapia Partners LLP is authorised and regulated by the Financial Conduct Authority (FRN 550103). As of November 2018, Lawson Conner Group - including Sapia Partners LLP - was acquired by IQ-EQ. IQ-EQ is a leading investor services firm providing a comprehensive range of compliance, administration, asset and advisory services to investment funds, multinational companies, family offices and private clients operating worldwide. IQ-EQ is the fourth largest investor services firm in the world, with 2,800+ employees and is present in 23 jurisdictions.

For further information please visit sapiapartners.com

Fund Provider

Committed Capital Limited is an Appointed Representative of Sapia Partners LLP, which is authorised and regulated by the Financial Conduct Authority (FRN 550103). Committed Capital Limited is the Investment Advisor to Committed Capital Growth EIS Fund, and was founded on the belief that companies need human capital in addition to finance to support their growth. The team has a proven track record of working with growth companies, aiming to create value for shareholders through careful investment selection, rigorous due diligence, efficient transaction execution and providing investee companies with hands-on support.

Fees

Fee typeFees charged to Investor
(including VAT)
Fees charged to Investee Companies (including VAT)
Initial Fee0.60%3.00%
Annual Management Fee2.40%£15,000 - £20,000 per annumm
Performance Fee20%*n/a
Other Fee Information3 years of annual management fee will be calculated at the outset (ringfenced)n/a
*Performance Fee

There is a performance fee payable equivalent to 20% of the profits returned in excess of the gross amount originally invested into the Fund (excluding all tax benefits).

Kuber Specific Arrangements

Kuber investors receive a 1% reduction on the initial fee.

For further information please do not hesitate to contact us on:
+44 (0) 20 7952 6685
info@kuberventures.com
www.kuberventures.co.uk

Fund at a glance

Scheme Categorisation

Alternative Investment Fund

Target Return

£2.50 for every £1.00 invested

Scheme Strategy

Private Equity EIS

Investment Sector

Technology

Target Diversification

8 to 12 investee companies

Nominee & Custody Arrangements

Custodian: Woodside Corporate Services Limited

Nominee: WCS Nominees Limited