 | Property/Site Development |
| December - £65,000 Martin Atkinson |
Client required additional finance to complete the purchase of a site. He could offer second charges over two other properties to secure the loan. Further finance may be needed later.
| Property Development |
| December - £80,000 Martin Atkinson |
A second tranche of finance to assist client in development of two detached houses, taking total facility to £250,000.
| High Speed MOT/Servicing & Valeting Outlets |
| December - £250,000 Malcolm Rash |
Our client, In 'n' Out Services Limited, are setting up a national chain of high speed Servicing/MOT & Valeting outlets modelled on the US 'Fast Lube' concept where the target is to complete a service or MOT test within thirty minutes. Most outlets are being sited on popular retail parks and often in conjunction with major retail chains such as B&Q or Morrisons. Outlets provide comfortable, clean waiting rooms with good toilet facilities, coffee and tea, newspapers and magazines, and cater particularly well for women. Early results have been exciting and most investment has come from the US based stakeholder base. This major UK based investment has come from a Beer Investor with a good automotive background. He will join the management team on a consultancy basis. The company intends to float on AIM towards the end of 2009.
| Business Consultancy |
| December - £170,000 Dwight Makins |
The initial funding for this management consultancy that offers a service enabling restructuring of personnel without large redundancy costs and ensuring that the right people stay in the firm.
| Breast Cancer Screening for Younger Women |
| December - £140,000 Simon Heywood |
This project provides mainly younger women with special, novel, breast cancer screening services. Screening techniques available via NHS are not yet suitable for younger women. They are available only for women over 50. A well connected Beer Investor purchased a stake in the business after the sales model had been proven in the pilot clinic in Cambridge. As part of the first growth phase clinics are to be hosted across the UK in the former BUPA hospitals now called Spire. The project is led by an experienced former interim CEO specialising in diagnostic businesses in the healthcare industry. The clinical directorships are overseen by a well-regarded breast surgeon from Addenbrookes Hospital who continues to direct the Cambridge clinic. Beer investor funding on top of the founders' and friends' money is now helping the project to grow, giving it the means to accommodate the demand for new breast health clinics throughout the Spire network. Scale potential through additional women's health services and overseas territories is already seeded.
| Virtual Mirrors Limited |
| December - £50,000 Patrick Angier |
Further investment secured for our client, Virtual Mirrors Ltd. This is follow-on funding from the £240,100 raised previously (in 2002 and 2007). This company has brought digital technology to traditional bespoke tailoring. It has developed a full suite of body modelling and tailoring tools to allow retailers to offer a fully automated custom and bespoke clothing service.
| Test for Toxins in Food - Technology |
| December - £415,000 Simon Heywood / Richard Silberbauer |
With recent support from ten Angel Investors this project is set to make a difference to the food industry worldwide. The technology will allow food producers to test for toxins inexpensively and quickly on the spot rather than send samples into laboratories. It will be licensed to existing food industry equipment suppliers with established distribution and commercial arrangements. Food producers are undergoing increasing pressure to ensure that their products are uncontaminated.
| Wireless CCTV gets Wired Up for Expansion |
| November - £1,000,000 Tony Maynard |
The Company was formed in 2004 and is a channel-focused organisation with an unrivalled track record in the delivery of large scale broadband wireless network surveillance (IP CCTV) and voiceover wireless LAN (VoWi-Fi) solutions. It also designs and manufactures a range of wireless products for the emergency services, public space CCTV and digital cities markets. It is poised for rapid expansion in a recession-proof, high growth sector and now requires funding to maximise this opportunity. The key targets markets are: Local Government public space CCTV, public transport CCTV retrieval, emergency services first responders, wireless networks for ports, marinas and industrial.commercial sites including the London 2012 Olympics, campus voice networks and not to mention commercial off-the-shelf solutions for the military.The management have an aggressive expansion plan and require investment of £1 million to increase turnover over the next three years; to be deployed primarily as increased marketing, additional internal and field based channel sales personnel, increased stock holdings, product range development, exploiting export opportunities via key vendor partners and the launch of a managed services offering. A single investor reacted quickly and undertook the entire investment, in three instalments between November 2008 and December 2009.
| Growth Funding for Industrial Wireless and Consumer Electronics |
| November - £100,000 Matthew Lawrence |
LM Technologies were in discussion with a regional technology VC. We introduced a further VC and an investor with a management company; as a result this client raised total investment of £300,000 receivable in four tranches and the services of a professional management company valued at £100,000.
| Trade Finance Facility Arranged for Forestry Equipment Company |
| October - £14,029.24 Mike O Brien |
The client has the sole rights to sell certain manufactured forestry equipment in the UK, and had a forward order book of £250,000+, but the US manufacturer was not prepared to ship goods until funds received in full. The need for upfront funds was restricting the client\'s business, so a trade finance facility was arranged to resolve this. The client has been able to expand his business, and to import a significantly greater quantity of equipment to meet orders as they arise.
| Residential Development - South Wales |
| October - £655,000 Martin Atkinson |
A small but experienced builder acquired a half-completed site from a CVA. Beer Property Finance raised funds through an Investor on a loan basis to remove the existing senior lender. Our investor is funding the build out of the show house in a development of seventeen houses, with the benefit of a first charge over the plot and another property.
| A Hotel Buy-To-Let Company |
| September - £191,360 Andrew Wilson |
Our client had provided the finance themselves for Investors to purchase hotel rooms, pending normal facilities being provided by conventional mortgage lenders. This resulted in a cash flow shortfall, which has been resolved by a short term bridging facility from our Investor, secured on the room owner agreements. Bridging finance of £191,360 was completed on the 10th of September.
| Property Refurbishment |
| September - £200,000 Martin Atkinson |
Beer Property Finance assisted the client in raising mezzanine finance of £200,000 to top the banks facility. This allowed the client to continue refurbishing a house in West London. Security included a second charge over the development site and also over other investment properties owned by the client.
| Phamaceutical Contracting |
| September - £163,500 Simon Heywood |
This is a second stage Investment to the £310,000 previously raised through Beer & Partners. The money invested has allowed this profitable and growing pharmaceutical contracting business to add a line-up of drugs to its business, which is entering clinical trial phases after which they will be licensed on in exchange for up-front payments and royalty fees.
| New Pub Chain |
| August - £500,000 Arthur Chamberlain |
This was a further investment round to the £3.2 million raised though Beer & Partners in 2007. Our client had acquired 3 pubs in the food led sector and wished to create a chain of up to around 30 units all good quality, non-smoking mainly in the south west of the UK.
| New Engine Technology |
| August - £47,945 Robert Whitaker |
The clients have over the years developed a new 4-stroke engine. They originally came to Beer to raise their initial funding and in the summer of 2006 approached us again for further funds to specifically assist them whilst their major Taiwanese manufacturer went through various management changes during 2007. Further investment was found from original and new shareholders at an attractive valuation.
| Propeller Manufacturing & Supply - Completion within 8 days! |
| August - £950,000 Robert Whitaker |
The company manufactures propellers for the boating industry. Beer & Partners assisted the company in raising £500,000 interim funding during the sale of the business in August. After approaching a handful of investors confidentially, the deal completed within eight working days. A further £300,000 was secured in October, followed by a final installment of £150,000 in December, bringing the total to £950,000. The company has now appointed a London based corporate finance house to sell the business.
| Financial Systems |
| July - £100,000 Arthur Chamberlain |
Our Client developed a new form of off balance sheet finance backed by AAA reinsurance. The company has a huge potential to grow exponentially helped here by this first round of financing used to cover short-term intra day exposure between client and full cover.
| Online Designer Childrens Clothing Supplier |
| July - £250,000 David Rich |
Our client, already established but in need of funding to grow and take the business to the next stage, secured £250,000 of funding from 2 investors. The investors were in discussions within weeks of the client engaging Beer & Partners and the funding was quickly in place. With the funding obtained and skills provided by the investors the business is now flourishing and growing as planned.
| US Manufactured Forestry Equipment |
| July - £9,332 Mike O’Brien |
The client has the sole rights to sell certain US manufactured forestry equipment in the UK, and has a forward order book of £250,000+. However, the US manufacturer was not prepared to ship good until funds were received in full. The need for upfront funds was restricting the clients business, so a trade finance facility was arranged to resolve this. The client has been able to expand the business and to import a significantly greater quantity of equipment to meet orders as they arise.
| Cafe in the Park |
| July - £165,000 Angus Milne |
The client had already been trading successfully for three years, running a brasserie-type ‘café’ in a large park in Rickmansworth, so expansion capital seemed straightforward. In the event, the deteriorating economic climate in early 2008 meant that while many investors were enthusiastic, they only wanted to commit small sums; and the final syndicate for a mere £200k required EIGHT investors!
| Online Gaming |
| July - £325,000 Simon Heywood |
Beer & Partners assisted the client in financing for this "Massively Multi-player Online Gaming" (MMOG) system. The system offers incredibly realistic immersion in the world of football - not just the play but also the lifestyle.
| Fast-casual Food Retailer |
| July - £24,320 Angus Milne |
Beer & Partners assisted the company in raising finance to open the next four outlets for their popular style of 'healthy fast food' during in 2007. Here, Beer raised additional Investment through existing shareholders.
| Disease Diagnostic Technology |
| July - £321,312 Patrick Angier |
This company is developing a platform technology for disease diagnosis based Nobel Award winning science out of Cambridge University. A group of our investors have participated to take this company from proof of concept into extended proof of principle and first revenues. One of the lead investors will likely take an active role in the development of the company and brings considerable expertise to the sector.
| Second Round Funding for Company which Specialising in Treatments for Infertile Women |
| July - £76,248 Lawrence Fenelon |
This is part of a second round funding for the company. The company is part of the HealthTech Portfolio and raised a total of £300,000 in a first round funding in March 2006.
| Technology for the Automotive Industry |
| September - £448,000 Tony Dowd |
Funds raised in July and September totalling £448,000: This is follow-up funding from the £650,000 raised in late 2007, bringing the total to £1,098,000. The client had developed and patented unique latch and motor technology for the automotive industry. They required sufficient funding to see them through to cash flow breakeven and to fund a legal case. Funds secured enabled this to occur.
| Off-site data storage |
| June - £45,000 Mandy Hutchison |
Business Angels are contributing more than money here. We introduced investors with industry expertise and contacts for this clever, niche business, offering white label products to benefit insurance companies and brokers and the travel industry. They provide a service, which is valuable to their customers, and enhances the companies’ businesses too. With the software platform already built and marketing firmly targeting at business to business, This second round of funding by Beer & Partners Investors, provided not only finance but the added bonus of non-financial contribution.
| Private Jet Brokerage |
| June - £50,000 John Courtney |
Our client is a private jet and helicopter charter brokerage. The management has developed a unique approach to this flourishing sector with the introduction of ‘jet charter sharing’ through an online membership forum. This allows members to take private jet flights at around 20% of the normal private charter cost and enables a reduction in carbon footprint. Money raised was used to build the first phase of this complex website and branding of the company.
| Financial betting website |
| June - £500,000 Angus Milne |
The client operates a unique fixed odds financial betting website, www.betsfortraders.com, which is already being white-labelled around the UK and the Far East. He signed up in December, met numerous investors in January and February, and received several offers including one for the full (£750k) amount from the ultimate (sole) investor. Such were the demands of the investor however, that it took the combined efforts of the client and his B&P associate the next four months to bring the deal to completion.
| Property Development - Strong Team and ROI Track Record |
| May - £682,500 Matthew Lawrence |
Beer & partners introduced two investors providing mezzanine financing to this niche property developer based in Edinburgh. The client engaged Beer & Partners because we could act quickly and received prompt attention, action and investment.
| Treatment for prevention of MRSA |
| May - £69,992 Lawrence Fenelon |
This is the third round of investment by Beer & Partners Investors in this company, which is a member of the HealthTech portfolio. The company is making good progress in developing a phage treatment for the prevention of MRSA infection and expects to enter clinical trials in 2009
| Leading supplier of sophisticated electronics |
| May - £357,300 Patrick Angier |
The company is a leading supplier of electronics going into the aviation, defence and oil sectors. Beer & Partners secured equity funding in an undisclosed amount from an investment fund whose investors are the private clients of a French Merchant Bank. One of our Beer associates has joined the board as a non-executive director.
| Smart Home Technology |
| April - £50,000 Simon Heywood |
This is initial funding for a smart home technology project. The company has developed advanced relationships within the industry and expects to announce its first contract in the European domestic new build homes market shortly. A full completion of the funding round will be sought once this has completed.
| Specialist washing products |
| April - £25,000 Robert Whitaker |
Being the first ever product specifically designed to enable Muslims to undertake their ritual washing "wudu" before prayers five times a day - designed specifically for these increasingly receptive markets, there is no direct competition and design registrations and a complex manufacturing process help to keep away competitors. Beer & Partners managed to raise £72,500 of equity in November 2007; this was a further £25.000 investment for continued development.
| Stop Smoking Product |
| April - £300,000 Simon Heywood |
Beer & Partners assisted the company in raising finance from an investment institution giving the Investor right to a percentage of future gross revenues for a fixed period. The investment will enable the client to launch its stop smoking product in the UK market. An AIM listing is planned within the next 12-18 months to fund entry into the US.
| Manufacture & supply of vehicle accident cameras |
| April - £50,000 Roger Doyle |
Having completed three years research and development of a prototype vehicle accident camera primarily for us in commercial vehicles, Beer & Partners initially raised £95,000 for the company during 2007. During 2008, Beer & Partners raised a further £50,000 in the first tranche of an anticipated £100,000 in order to support further growth.
| Anti-keylogging Internet Security Software |
| March - £435,000 Tony Dowd |
The client has developed and patented a technology that provides an anti-keylogging and anti-phishing capability to applications and enterprises. The company was established in New Zealand and has moved it's head office and marketing operations to London.
| Social Networking for Women |
| March - £90,000 Steve Jacob |
Investment in 2nd round of funding for rapidly growing, next generation of social networking for women in need of funds to capitalise on the demands of the international market
| Satellite Tracking; Personal Protection & Security |
| March - £212,500 Mandy Hutchison |
We are pleased to confirm the successful completion of second round funding totalling £212,500, which follows on from the funding of £270,000 introduced through Beers last year. In both cases this was undertaken by a regional fund as a result of Beer's introduction, with one of our experienced Business Angels investing alongside and contributing valuable business experience to the client.
| Construction |
| February - £369,000 Martin Atkinson |
A small but experienced builder acquired a half completed site from a CVA. Beer Property Finance raised funds through an investor on a loan basis to remove the existing senior lender.
| High Quality Magazine for City Workers |
| February - £50,000 Tony Dowd |
Beer & Partners assisted One Motive Media in raising money to publish the magazine profile targeting young, upwardly mobile city workers. High quality content, look and feel with a unique distribution model ensures direct contact with the target readers. The company required additional working capital to move from a bi-monthly to monthly format.
| Equipment Hire & Services (Media) |
| February - £1,000,000 Mike Weaver |
In August 2006, Beer & Partners raised £750,000 for an established company which hires out equipment to the film production industry. With £5m revenues, the company required working capital to sustain its impressive growth rate of 20% pa. A further £1,000,000 has now been invested to continue this expansion.
| New Turbocharger Technology |
| January - £50,000 Andrew Mitchell |
The company is developing a new technology that solves the problem of turbo lags. Revenues will come from research and development assistance and substantially from licenses granted to users of the technology when developed.
| Wireless Utility Devices - Domestic and Commercial |
| January - £114,000 Matthew Lawrence |
We assisted this client with an R&D grant application for £105,000 and raised £114,000 seed capital from a single Beer investor. These funds are being used to develop pre-production prototypes of domestic energy monitoring, metering and management equipment. Our client recognised the need for professional management input from an investor. This was how we marketed the proposition and we are advised that they are getting exactly what was required.
| Unique Diagnostic Platform |
| January - £111,000 Richard Silberbauer |
This company has developed a unique diagnostic platform using its proprietary eye-tracker technology. The company has raised a total of £1.2 million in equity and grant funding. The funds invested by 7 Beer investors alongside two other private investors triggered the matched funding required to secure equity funding from a Venture Capital House. The two initial products are expected to be ‘in market’ during 2008. Successful implementation of their plans promises to deliver substantial returns to the investors in 3-4 years.
| Plug & play hardware: Home/office integrated manager box |
| January - £75,000 Paul Hardy |
£75,000 seed capital was raised for the client who has developed a free-standing plug-and-play BOX which, without the addition of any other software or setup, will integrate, co-ordinate and wirelessly manage the telecoms, PC’s, laptops and printers in a small office environment. In addition the BOX will provide automated telephone answering, call and e-mail distribution, VOIP, backups and virus/spyware protection, company website and diary-sharing and is fully media compatible.
