Maven UK Regional Management Buyout Fund

The Maven UK Regional Buyout Fund (“the Fund”) can provide equity investment of £5 million to £15 million to finance MBOs and back entrepreneurial management teams' ambitions to take their business to the next stage.

Scottish Enterprise has committed £20 million to the Fund, which has received total commitments of £100 million (including from co-investment vehicles) and will be invested by Maven Capital Partners (“Maven”).

Maven is one of the UK's leading private equity firms.

Maven will work closely with management teams, both executive and operational, to support business growth and value creation.

It will remain involved through every stage of a company’s development up to and including the time of sale, and where required:

• Provide continuity
• Sector expertise
• Strategic advice

Maven also has a network of senior, successful business leaders. They can provide advice and support to management teams, not only as non-executive directors and chairs, but also as industry members and consultants to help speed business growth. This can include guidance on acquiring other businesses, via a buy-and-build strategy, for example.

Maven are looking for:

• Small and medium sized cash flow positive companies, typically with £10 million to £75 million of sales and an enterprise value between £10 million and £40 million
• A proven management team which has relevant sector experience and is not overly dependent on one person
• A strong market position, niche or brand
• Products or services with a competitive edge or unique selling proposition ("USP")
• A credible business plan and strategy capable of delivering strong growth in sales and earnings
• Where appropriate, intellectual property rights which are capable of being protected

All investment decisions are made by Maven, who will assess the prospects of the business and the capability of its management.

The Fund can provide between £5 million and £15 million of equity finance to a company.

All terms and conditions are bespoke to each transaction and negotiated between the applicant and Maven.