Bradley Associates: Corporate Funding
Seasoned
professionals who have extensive experience undertaking corporate
finance transactions from within business consultancy practices run our
Business Funding department.
Bradley Associates can
supply business operations with assistance in business plans and also
pass on management advice in support of applications for corporate
finance. We are able to bring real and applicable knowledge to almost
any type of corporate finance project.
Type of Corporate Finance Project
- Business Growth and Expansion
- Corporate Mergers and Acquisitions
- Corporate Reorganization
- Business Sales
Bradley
Associates conduct a policy of targeting our services toward a specific
business demographic. Consequently, the lion’s share of our clients,
operate businesses with annual turnovers that range from $500k to $10m.
This
covers small family businesses right through to subsidiaries of large
multinationals. Financing arranged can therefore vary significantly
from $50k for a small refinance through to $15m for a management
buyout, merger or an acquisition. Bradley Associates have access to a
trusted network of lenders who are able to provide access to a plethora
of forward-thinking and aggressive plans that Bradley Associates can
introduce into corporate agreements. Over the years experience has
shown us that in many cases companies are either with unsuitable
lenders or the structure of any package provided have insufficient
versatility to meet their demands.
In
such cases Bradley Associates will endeavor to refinance the existing
property with the co-operation of both the lender and the client. With
the consent of the client company and, of course, subject to the
permission of the existing lender, Bradley Associates will aim to
refinance all of the outstanding requirements.
Clients
who engage in the identification of and the subsequent making of moves
towards possible targets for acquisition often retain Bradley
Associates. In these cases, we undertake to arrange the appropriate
finance necessary to finance the acquisition.
Venture Capital
In
our experience, our success has been based on backing the right
management team. We’ve learned that we have to work with entrepreneurs
who we trust, respect and enjoy being around. We’ve all been
entrepreneurs and take some measure of pride in understanding the
company-building process and the personality it takes to do it well.
The
best way to deliver value, as a partner to an entrepreneur is to be
focused in his/her sector, and bring a network of connections and an
educated perspective. We would never presume to know more than one of
our teams about their industry, but we do have the ability to see the
entire landscape from our vantage point.
Every
company has risks, however modest or audacious its goals. While those
risks tend to dissipate with maturity, they never go away. Given this,
our preference is to fund companies where, if we all succeed, we have a
chance to create an extremely valuable enterprise. That’s not to say
that one shouldn’t have a niche strategy at the outset, to establish
some market penetration, but ultimately we like to back entrepreneurs
solving big problems.
We think it’s in
everyone’s best interest to have our portfolio companies matter to us.
Our goal is to own at least 20% of each of our portfolio companies,
which means that we have a serious stake in their success. We
understand that this means we have to take the risks associated with
coming in early, and we welcome that.
The
other major factor that emerges when we analyze our past successes and
failures is where venture capital investors squabble amongst
themselves, or disagree on strategy or fundraising tactics. This can
bring a good company down. We therefore like to invest alongside groups
that we know, and whose behavior we have some ability to understand and
predict.
Investment Criteria
Bradley
Associates invests in promising seed and early stage opportunities
identified by its investment professionals as well as the local
managers of its Partner Funds. We seek investments that have the
following characteristics:
- Management Team: Experienced and passionate Business and / or Technical Leadership.
- Market: A substantial market opportunity with attractive distribution and consolidation attributes.
- Product / Service:
A technology that provides for a product or service that can generate
strong margins and long term differentiation within the target market
Business Model: a well thought out and appropriate business model to
address the market.
- Stage:
Seed (no revenue, prototype product, incomplete team) through Early
Stage (less than $10M in sales, still needs to build out team, full
sales and marketing infrastructure, second and third iterations of
product offerings).
- Partnership:
We seek to partner closely with excellent entrepreneurs. Historically,
we have helped our companies assemble talented management teams, and in
some cases, we have played the role of founding investor, starting
companies with proven entrepreneurs. Our greatest value is when a
company can benefit from an investment partner who can help build the
team, structure the business model, refine the product roadmap, and
raise subsequent rounds of capital from firms in the traditional
venture centers. We have proven our skills at working with leading
business and technical entrepreneurs to achieve their goals, and we
continue this effort with each new investment partnership.
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