Track record is all important in evaluating investment opportunities. Our partner Midven has a track record of delivering class leading returns, including 13 successful exits in the last 6 years generating an average cash multiple return of 6x, and many prior to this. The most high profile recent exit delivered a 35x return and is shown here, together with a selection of others.
Scriptswitch is the leading provider of software to support GPs with patient safety information, drug switch recommendations and dosage optimisation information at the point of prescription. Scriptswitch was sold for a cash multiple return of over 35 times.
Ardentia is a supplier of world class business intelligence solutions for the healthcare market. It is the market leader in the UK with customers across all aspects of the NHS including PCTs and strategic Health Authorities. The company was acquired in 2011 for an undisclosed sum, generating a cash multiple return of just under 7 times.
Dynamic Change developed a web-based performance management software tool, Performance Accelerator, an online integrated corporate governance solution for organisations. Dynamic Change delivered an 8 times return, which could grow to 14 times with deferred payment.
Occam Systems is a leading supplier of software for managing student accommodation and university events, which achieved a profitable exit for an undisclosed sum.
MVI Technology developed 'out of the box' realtime shop floor capture and performance management solutions. The software provided a unique competitive edge resulting in rapid increases in productivity and quality compliance for users, and achieved an IRR return of 90% on exit.
Minivator was the world's second largest manufacturer of stair lifts, offering stair and bath lifts for use in both domestic and public situations. An exit was achieved through a secondary buy-out for a cash multiple return of 7 times.
Isys Interactive Systems is a market leader in the supply of waste and recycling software, producing integrated waste management systems meeting both local and national waste and recycling requirements. Isys achieved a 3 times cash multiple return on exit through a management buy-back.
Chameleon BioSurfaces is a leading developer of advanced polymer coatings for implantable medical devices, for improved biocompatibility, conformal coverage, electrical performance and drug release. The company was sold to Biotectix for an undisclosed sum.
Orbital Optics holds the exclusive licence to patented high-resolution optical cameras developed by the Space Science and Technology Department of the Rutherford Appleton Laboratory. The company was sold to MDA of Canada.
Midland Industrial Glass is a specialist glass processor, supplying a range of products, including toughened glass and mirror, to the retail, transport, balustrading and street furniture markets. The exit was achieved through secondary management buy-out.