Corporate Finance

ReSolve launches £100m SME-focussed investment fund

The partnership will enable ReSolve to reach out to many more of those businesses and provide expert knowledge, experience and greater financial backing

ReSolve has announced it has partnered with RoundShield, a major European investment institution, to “significantly increase” ReSolve’s ability to assist businesses seeking support and investment.

The firm said the economic challenges and uncertainty created by Covid-19 and Brexit have led to “many quality companies needing exactly the services that ReSolve has become known for”, such as corporate finance and simplification, restructuring, refinancing, and investment.

It added the partnership will enable ReSolve to reach out to many more of those businesses and provide expert knowledge, experience and greater financial backing.

Once invested, ReSolve said it will act as a partner with the investee company, working alongside the management team to help fulfil its plans and ambitions as well as maximise opportunities.

ReSolve will seek opportunities across all sectors that share some or all of the following characteristics:

• Mid-cap investments up to approximately £20m

• Unique, stressed or orphan situations

• Businesses with otherwise successful business models that are existentially threatened by Covid-19 and/or Brexit

•Businesses that need additional investment and support to achieve their business plans

•Businesses in need of rescue

Cameron Gunn, senior partner at ReSolve, said: “The substantial increase in firepower which we have just achieved means we can bring strength and resources to good but, due to the circumstances, financially challenged businesses. We welcome all opportunities and look forward to helping the country’s SMEs, which are the backbone of the UK economy.”

Ken Browne, partner at ReSolve, added: “The current economic environment means there are many viable SME businesses which find themselves in an existential crisis due to the double whammy of COVID-19 and Brexit. ReSolve’s approach to such situations is always empathetic, practical and swift.

“We quickly invest cash and help implement a business plan thereby enabling management to stabilise the organisation, deliver solid performance, and build for the future, whether this involves divestment, rescue or redeveloping the business model. We take a hands-on approach and we are there to build value, not extract it.”

Back to top button