UK-based The Growth Stage is launching its first funding platform for private growth companies to raise capital from institutional investors. The Growth Stage is focusing on scale-up rather than start-up situations where private companies are raising more than $10 million. The company is planning on raising several funding rounds in 2018.
PRESS RELEASE
LONDON–(BUSINESS WIRE)–The Growth Stage, a UK based company, is launching today the world’s first funding platform for private growth companies to raise capital from regulated institutional investors (pension funds, retail funds, hedge funds, sovereign wealth funds and family offices), who have over $4tn of assets under management.
The Growth Stage has been created to satisfy the increasing demand from institutional investors to invest in high growth, scale-up companies. It has no joining fee for private companies or institutional investors, and charges only 1% of funds raised – challenging the traditional funding model, and providing private companies with unique access to alternative sources of investment.
Simon Stewart, Co-Founder and CEO, said: “Traditionally, it has been very costly and difficult for private growth companies access institutional investors to help finance the next stage of their growth. Institutional investors don’t want to miss out on the opportunity to invest in the leading private high-growth global companies of today and tomorrow. A global platform enabling institutional investors and private growth companies to meet, and funds to be raised at low cost didn’t exist, and this is exactly why we have created The Growth Stage.”
Partnering with 10 of the world’s leading professional advisers (Acuris Risk Intelligence, EY, Gallagher, Merrill DatasiteOne, Sage, The&Partnership, Travers Smith, WeWork, WorldFirst and WSGR), The Growth Stage offers its members essential global business services and deal transaction expertise.
Debbie O’Hanlon, Regional Markets Leader at EY, said: “The Growth Stage has built a meeting place for entrepreneurs, investors and advisers that is set to become the launch pad for some of the world’s biggest brands. EY is committed to working with entrepreneurial and fast-growth companies and helps ensure that we are working with more of tomorrow’s global leaders.”
The Growth Stage has been designed for primary and secondary equity and debt investments, and is focusing on scale-up rather than start-up situations, where private companies are raising more than $10 million. The company is expecting to complete several successful funding rounds in 2018.