How to angels exit their investments
| N | MBO | Trade | Flotation/IPO | Other | Bankruptcy | Other (please | |||||||||
| exits | Sale | investors | specify) | ||||||||||||
| n/a | |||||||||||||||
| Success stories: | |||||||||||||||
| Name of | Sector of | Date of | Amount | Number of | Date | Multiple of return for | |||||||||
| company | activity | investment | invested | angels | of exit | investors (i.e. times | |||||||||
| (Ђ) | involved | return on money) | |||||||||||||
| Nursing Home | Healthcare | Ј60K | May | 2.6 | |||||||||||
| Travel Company | Travel | Ј7.5K | T/O 2004 Ј40m | ||||||||||||
| Surface | Scientific | AIM market | |||||||||||||
| Transforms | technology | ||||||||||||||
| Millbrook | Scientific | AIM market | |||||||||||||
| Scientific | technology | ||||||||||||||
| Instruments |
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
| THAMES VALLEY INVESTMENT NETWORK | |||||||
| Contact person | Eileen Modral | ||||||
| Contact details | Crowthorne Enterprise Centre | ||||||
| T Wing Crowthorne Business Estate | |||||||
| Crowthorne RG45 6AW | |||||||
| T: +44 1344 753 365 | |||||||
| F: +44 1344 751 601 | |||||||
| E: [email protected] | |||||||
| W: www.tvin.co.uk | |||||||
| Date of creation | March 2003 | ||||||
| Number of employees | |||||||
| Type of network | National | ||||||
| Legal status of the BAN | Trading style of company limited by guarantee | ||||||
| Hosting organisation | OION | ||||||
| Funding sources: | |||||||
| 1) Success fees on investments (3% - exc VAT) | |||||||
| 2) Membership fees for investor members (Ј125 + VAT annually) | |||||||
| 3) Sponsorship (TVEP, PwC, Kleinwort Benson PB) | |||||||
| Number of Business Angels | |||||||
| Number of projects | |||||||
| Number of deals made | |||||||
| Average amount of the deal | Ј50k | Ј322k |
Matching services of the network:
Newsletter or Information Bulletin
Data Base of Contacts
Company Presentation Events
Investor Clubs/ Networking Meetings
Investment Forums & Fairs
Internet Based Matching Service
Training in Investment Readiness for SMEs
Training and Capacity Building for Investors
How are clients acquired?
Dealflow from peer networks
Oxford Innovation tenant companies
TVIN’s investor members
University Tech Transfer offices
Entrepreneurs
Sponsors
Fees:
o SMEs initial registration fee: Ј300+VAT to present at investment meeting o SMEs success fees: 3%
o Annual fee for Angels: Ј125 pa + VAT
Estimate of the number of jobs created as a result of the network activity over the last 3 years:
Assume 3-5 jobs per investment deal: approx. 25 jobs
Success story:n/a
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
XЙNOS-THE WALES BUSINESS ANGEL
NETWORK
| M |
| Contact Person | Leanna Davies | |||||||||||||||||||||||
| Contact details | Oakleigh House, Park Place | |||||||||||||||||||||||
| Cardiff, CF10 3DQ | ||||||||||||||||||||||||
| T: +44 2920 338 144 | ||||||||||||||||||||||||
| E: [email protected] | ||||||||||||||||||||||||
| W: www.xenos.co.uk | ||||||||||||||||||||||||
| Date of creation | September 1997 | |||||||||||||||||||||||
| Number of employees | ||||||||||||||||||||||||
| Type of network | National- Wales | |||||||||||||||||||||||
| Legal status of the BAN | Limited by guarantee | |||||||||||||||||||||||
| Hosting organisation | Finance Wales and Welsh | |||||||||||||||||||||||
| Development Agency | ||||||||||||||||||||||||
| Commercial/for profit network | No | |||||||||||||||||||||||
| Funding sources | ||||||||||||||||||||||||
| 9% | 48% | European funds | ||||||||||||||||||||||
| 43% | Regional funds | |||||||||||||||||||||||
| Fees from | ||||||||||||||||||||||||
| business angels | ||||||||||||||||||||||||
| and entrepreneurs | ||||||||||||||||||||||||
| Number of Business | ||||||||||||||||||||||||
| Angels | ||||||||||||||||||||||||
| Number of projects | ||||||||||||||||||||||||
| Number of women | ||||||||||||||||||||||||
| investors | ||||||||||||||||||||||||
| Number of members | ||||||||||||||||||||||||
| recruited during the year | ||||||||||||||||||||||||
| Number of deals made | ||||||||||||||||||||||||
| Average amount of the | 40.000 | 130.000 | 63.000 | 95.000 | 86.000 | 45.000 | 53.000 | 74.000 | 208.000 | |||||||||||||||
| deal (Ј) |
Matching services of the network:
Newsletter or information bulletin
Database of contacts
Meetings
Investment Clubs
Investment forums and fairs
How are clients acquired?
Newsletter
Articles in the regional or national press
Event and information fairs
Targeted publicity
Visits to enterprises
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
Sectors of investment
| 7% 4% | 4% | ICT |
| 27% | ||
| Retail and services | ||
| Health related | ||
| 12% | Other | |
| 40% | Manufacturing |
6%
Biotech
Energy
BAN specialisation
None
Fees
o Fees from business angels: Ј175 o Fees from entrepreneurs: Ј400
Co-investment scheme
Yes, see www.xenos.co.uk
Other investment vehiclen/a
Estimate of t he number of jobs created as a result of the network activity over the last 3 years:n/a
How do angels exit their investments?
| N | MBO | Trade | Flotation/IPO | Other | Bankruptcy | Other (please | ||||||||||
| exits | Sale | investors | specify) | |||||||||||||
| x | x | x | ||||||||||||||
| Success story | ||||||||||||||||
| Both trade sales | ||||||||||||||||
| Name of | Sector of | Date of | Amount | Number of | Date | Multiple of return for | ||||||||||
| company | activity | investment | invested | angels | of exit | investors (i.e. times | ||||||||||
| (Ђ) | involved | return on money) | ||||||||||||||
| Crystal | ICT | Oct 2005 | June | |||||||||||||
| Reference | ||||||||||||||||
| Syen Ltd | Automotive |
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
| YORKSHIRE ASSOCIATION OF BUSINESS ANGELS | ||||||||||
| Contact person | Barbara Greaves – Manager | |||||||||
| Charlotte Atkinson - Administrator | ||||||||||
| Contact details | Yorkshire Association of Business Angels | |||||||||
| 1 Hornbeam House, Hornbeam Park | ||||||||||
| Hookstone Road, Harrogate HG2 8QT | ||||||||||
| T: +44 1423 810149 | ||||||||||
| E: [email protected] | ||||||||||
| W: www.yaba.org.uk | ||||||||||
| Type of network | Regional | |||||||||
| Date of creation | June 1995 | |||||||||
| Employees | ||||||||||
| Legal status | Limited Company since Sept 2000 | |||||||||
| Formal partner organisations | Yorkshire Forward & South Yorkshire Investment | |||||||||
| Fund | ||||||||||
| Commercial/for-profit network | No | |||||||||
| Funding sources | ||||||||||
| 6% | ||||||||||
| European funds | ||||||||||
| 3% | 20% | Regional funds | ||||||||
| 11% | ||||||||||
| Fees from BAs | ||||||||||
| Fees from | ||||||||||
| entrepreneurs | ||||||||||
| 60% | Sponsors | |||||||||
| 2000/1 | 2001/2 | 2002/3 | 2003/4 | ||
| Number of projects submitted | |||||
| Number of Angels | |||||
| Number of women investors | |||||
| Number of members recruited during the | |||||
| year | |||||
| Number of deals made | |||||
| Average amount of the deal | Ј25k | Ј30k | Ј43k | Ј47k | 55.000Ђ |
Matching services of the network:
Newsletter or information bulletin
Database of contacts
Meetings
Investment forums and fairs
Internet – Members extranet login
Educational seminars for angel members
How are clients acquired?
Event and information fairs
Newsletter
Targeted publicity
Visits to enterprises
Articles in the regional or national press
EUROPEANBUSINESSANGELNETWORK- Directory of Network 2006
Sectors of investment
| ICT | |||
| 11% | 11% | Energy | |
| 34% | |||
| Retail and | |||
| services | |||
| 11% | Health relataed | ||
| 11% | Manufacturing | ||
| 22% | |||
| Leisure, film | |||
BAN specialisation
None
Fees
o Fees charged to entrepreneurs (to circulate a summary and make a presentation): 127Ђ o Fees charged to business angels (annual subscription): 112Ђ
Co-investment scheme
None