Investment in Engage

The Company invested £400,000 in Engage Technology Partners Limited (“Engage”) on a pre-new money valuation of £15m as part of a fully subscribed £5.25m funding round.  Founded in 2013, Engage builds software to assist with finding, hiring, compliance and paying of the rapidly growing contingent workforce in the UK.  Engage has rapidly gone from a minimally viable product to a fully saleable and scalable SaaS platform which has built up an impressive and rapidly growing customer base including many household names. An AIM IPO is planned to take place in 2018.