Development Bank of Wales Plc

PE/Buy-Out · Wrexham (United Kingdom)

PE/Buy-Out

Seed

Series A

AI

Cloud/SaaS

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About

Development Bank of Wales Plc is a private equity and venture capital firm specializing in bridge financing, succession funding, short-term project finance, property development loan, micro loans, business loans or debt investments, development capital, expansion capital, management buyouts or employee buy-outs, management buy-ins, debt, corporate acquisitions, management succession, and equity/mezzanine investments in small and medium sized enterprises as well as crowd-in sector private sector co -investments. The firm seeks to invest in start up/seed, early stage, mature, spin-out, Later-stage, and middle market companies. The firm does not invest in Gambling, Tobacco and Activities degrading environment like sectors. The firm prefers to invest in technology based, business services, B2B and B2C, engineering, electronics and optics, food and drink, energy and environment, healthcare, Industrial and manufacturing, ICT, television, musical instruments, films, software and services, leisure, life sciences, media and entertainment, medical technology/ devices, professional services, property, renewables, retail and innovative companies. It primarily invests in companies based in Wales, South west Wales, South east Wales, North Wales, or willing to relocate and Welsh small and medium-sized businesses based in Carmarthenshire, Neath Port Talbot, Pembrokeshire, and Swansea, Anglessey, Conwy, Denbighshire, Flintshire, Gwynedd, and Wrexham. The firm makes commercial investments from £0.001 milllion ($0.001) to £2 million ($3.3 million). Within startup and early stage finance it provides micro loans between £0.001 million ($0.001 million) - £0.05 million ($0.08 million), £0.05 million ($0.08 million) up to £2 million ($3.3 million) to tech ventures, and from £0.05 million ($0.08 million) upwards to established SMEs. Within the technology venture investments it makes, it invests between £50,000 ($0.08 million) to £2 million ($3.3 million) and can also invest in follow-on rounds up to £5 million ($8.23 million). Within development capital it seeks to invest in established SMEs from £0.05 million ($0.08 million) up to £2 million ($3.3 million) and invest in follow-on rounds up to £5 million. Within Equity financing it seeks to invest in companies with debt values between between £0.05 million ($0.05 million) and £10 million ($11.57 million). It prefers to invest in companies with turnover not greater than €50 million ($61.50 million), balance sheet total not greater than €43 million ($52.89 million), and with employees not greater than 250. . It issues mezzanine investments in the form of a loan repayable over a period of five years, with an option to exercise an equity shareholding in the portfolio company, upon the repayment of the loan. The firm prefers to take minority stake in companies it invest in. The firm also provides loans and micro loans to sole traders, partnerships, startups, and expanding companies. The loan is issued for a period of one to five years. It seeks to co- invest/syndicate in growth businesses with banks, venture capitalists, sector specific investors, venture capital houses, business angels, the public sector, and private individuals. It will also consider follow-on investment and additional working capital. Development Bank of Wales Plc was formed in 2001 and is based in Wrexham, United Kingdom with additional offices across Europe.

Investment Criteria