86–90 Paul Street, London EC2A 4NE +44 20 3823 6471
Parcels being loaded into a delivery vehicle at a warehouse

Growth Capital

For businesses with demand they cannot currently serve.

Crates of fresh produce loaded for distribution

When growth capital is the right answer

Growth capital suits a business that has proven demand and a constrained ability to meet it — capacity, working capital, fleet, people or premises. The commercial question is already answered; the constraint is funding and execution.

It is the wrong answer when the underlying model does not yet work. Capital applied to an unproven proposition usually just accelerates the loss.


What we bring alongside capital

Commercial

  • Pricing and margin discipline
  • Sales pipeline structure
  • Customer diversification

Operational

  • Systems and reporting
  • Capacity and process design
  • Supplier and procurement review

Financial

  • Cash-flow and working-capital control
  • Investment appraisal
  • Funding structure

What we expect to see

  • Evidence of demand, not just interest
  • A clear use of funds with milestones
  • Unit economics that work at current scale
  • Management able to execute the plan
  • Reasonable entry valuation
  • A realistic route to refinance, dividend or exit

Start a confidential conversation

Whether you are preparing to sell, looking to acquire, raising capital or trying to lift the value of a business you already own, the first step is a short, confidential discussion about the situation.