Investment Criteria

The Better Capital Funds invest opportunistically in turnaround situations

Typical target businesses

• UK or Eire based mid-market companies
• Turnover between £25m and £500m
• Require restructuring operationally and financially
• Need equity investment of up to £50m
• Have structural problems

Key differentiators

• Focus on operational improvement and not financial re-engineering
• Bearish attitude to leverage - rarely reliant on debt raising
• Ability to transact at incredible speed
• Situation specialists, not sector specialists

The essence of our analysis

• Is there a decent business here?
• Is there a transaction structure that facilitates extracting it?
• Are there a few controllable steps to move to profit, that require cash and experience?
• Can the foundations be created that will allow it to thrive?