Investment Process
The Investment Process outlined below illustrates the key events and stages that a successful application will go through. As an indicative guide, the prcess should take around three months from receipt of a business plan to completion of the transaction. However, venture capital transactions are highly complex by nature and can, for many reasons, often take longer.
At each stage of the process the investment proposal is reviewed to determine is it is still appropriate for the investment and if the outcome of this review is negative , the management team are immediately advised of the decision.
| Click on a stage for further information. | Approx Timescale |
| Submission of business plan and review | |
| Initial decision on suitability | 7 days |
| Engagement letter | |
| Internal review to determine key issues | |
| Subsequent discussions with management team | |
| Initial due diligence | |
| Term sheet | 3 weeks |
| Agreement on terms | |
| Detailed due diligence | |
| Formal approval of investment | 8 weeks |
| Investment Agreement and legal documents | |
| Disclosure letter and warranties | |
| Completion | 12 weeks |
| Aftercare | |
| Exit |