Rockwood Strategic plc (RKW)

Overview

Gresham House Strategic plc is a specialized investment firm focusing on PIPE (Private Investment in Public Equity), pre-IPO, growth, acquisition, and recovery capital investments. The firm primarily targets investments in sectors such as financial services, media, information and communication technology, digital information and technology, healthcare, and life sciences. Geographically, its investment focus is on companies based in the United Kingdom and Europe, with the capacity to co-invest outside of Europe alongside local venture capital firms. Gresham House Strategic plc is tailored towards investing in companies with market capitalizations of less than £250 million ($283.87 million) and aims to acquire stakes between 5% and 25% through cash or share consideration. The firm has a typical investment horizon of three to five years and predominantly invests in smaller public companies as well as private entities. Its investment strategy encompasses various criteria, including investing in public companies listed on the FTSE All-share and AIM All-Share Index that are trading significantly below their 3-year price high, as well as seeking companies with specific financial metrics. In the realm of private companies, the firm engages in P2P opportunities and takes positions in equity and quasi-equity instruments. Gresham House Strategic plc aspires to achieve a net IRR of 15% over the long-term, targeting investments that promise robust growth and solid financial performance.

Products and Services

• PIPE and Pre-IPO Investments

  These investments focus on providing private financing to public companies and financing to companies planning to go public. This allows Gresham House Strategic plc to partake in the growth journey of these companies before and after they enter the public market.

• Growth and Acquisition Capital

  Capital aimed at companies seeking to grow their operations or pursue strategic acquisitions. This financing supports companies in their scaling efforts or in enhancing their market position through acquisitions.

• Recovery Capital Investments

  Targeted at companies in need of capital to recover from financial or operational difficulties, this investment type is designed to turn around struggling businesses by providing them with the necessary financial backing.

• Equity and Equity-related Instruments

  Gresham House Strategic plc invests in private companies through equity (stock ownership) and equity-related instruments such as preferred equity and convertible debt instruments. These investments allow the firm to support the growth of private companies while obtaining a stake in their success.

• Preferred Quasi Equity Positions

  Such positions include convertible and non-convertible debt instruments and mezzanine preferred instruments, offering a blend of debt and equity characteristics. This versatile approach allows for tailored financing solutions that cater to the specific needs of target companies.