The acquisition, by the Scottish based investment management business, is subject to the approval of the FSA but it is expected that the deal will be completed in the forthcoming weeks.
Braveheart boasts an impressive track record in backing technology companies including university spinouts.
will continue to operate as a separate brand, but it is hoped that with Braveheart funds behind the company, working in conjunction with their existing investors and family offices, we look to attract better quality deal flow to our investors, but also provide a choice of mechanism for investing in early stage companies.
investors can undertake standard angel investment. However this deal means that going forward they will be offering managed funds, or hybrid structures where due diligence and portfolio management can be undertaken for investors.
continue to seek high quality investment opportunities to present to our investors and family offices. Their standard deals are up to £2m of investment but its family offices seek deals up to £10m