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ELITE Supporting ambitious UK companies towards growth and investment

ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

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Page 1: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

ELITE Supporting ambitious UK companies towards growth and investment

Page 2: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

What is ELITE?

Page 2

Advisers Investors

Imperial College

Business School

Entrepreneurs Industry experts

Influencers London Stock

Exchange

Public companies

ELITE company

ELITE is a platform to facilitate long-term structured engagement between Europe’s most ambitious growing

businesses, industry experts and the corporate advisory and investor communities. The programme helps high-

growth, private companies prepare and structure for external investment and the next stage of growth.

Page 3: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

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PHASE 1 Stimulates company review

A comprehensive programme, delivered

with entrepreneurs, investors and advisers,

to stimulate organisational review and

change.

Five modules of 1.5 days each:

1. Growth Strategies

2. Managing Talent & Strategic

Dependencies

3. Financial Resources & Governance I

4. Financial Resources & Governance II

5. Performance & Growth

A structured engagement over 3 phases

Delivered in partnership with Imperial College Business School in the UK, ELITE will enhance the growth prospects of

member companies through a unique three-part package.

PHASE 2 Plan for change

Practical and technical workshops

designed to reflect on company-specific

issues and plan for change with the

support of the ELITE Partner network.

Five workshops of <1 day each:

1. Growth & Talent

2. Governance & Board Effectiveness

3. Financial Planning

4. The Equity Story

5. IPO Masterclass

PHASE 3 Capitalise on the benefits

Utilise the ELITE community and learnings

from the first two phases to access new

business opportunities and consider

funding options and processes to explore

in more detail.

Continued access to the entire ELITE community across Europe via the online platform

Page 4: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

30

63

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150

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202 20

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49

25

Apr. 2012 Oct. 2012 Apr. 2013 Oct. 2013 May. 2014 Nov. 2014 Apr. 2015

EUROPE

UK

ITALY

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Launched first in Italy in April 2012, ELITE has expanded across Europe launching in the UK in 2014 and most recently

across the rest of Europe. Within the past 3 years ELITE has attracted:

Over 270 companies

More than 150 financial advisers and professional bodies

More than 70 long-term investors (private equity firms and public market investors)

A European growth story

Page 5: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

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49 companies have joined the UK programme since April 2014 ranging in size and sector, click here for more detail.

Food & Beverage Healthcare Industrials Media

Retail

Support Services Travel & Leisure

Technology Telecommunications

ELITE UK companies…

Renewable Energy

Page 6: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

… and what they say

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Lucy Greggains , CFO, Unruly Media:

“ELITE has provided a solid network of like-minded

entrepreneurs and their CFOs who want to see the next

high growth technology success story come out of the UK!

It's been inspiring to share challenges, opportunities and

experiences with other high growth companies. We've

covered everything from international expansion,

to company culture and financing.”

Graeme Malcolm, CEO, M Squared Lasers:

“The programme has increased our awareness of

different forms of funding and what needs to be done to

prepare for each. It allows us to think about how we can

keep scaling up.”

Mark Game, Managing Director of Company Shop:

“The programme has provided an excellent series of

seminars and lectures, as well as first-class support and

advice from business leaders, all of which are helping

Company Shop gear for the next phase of our growth.”

Anthony Fletcher, CEO, Graze:

“It’s a fantastic programme. graze is a business competing

on a world stage and the opportunity to utilise the

experience and learnings of our contemporaries is

invaluable. Through the programme we have gained

expertise and confidence allowing us to continue to place

technology at the heart of our business and aspire to build

a world class operation.”

Ed Bussey, CEO, Quill:

“Quill is growing rapidly and the ELITE programme offers

a great opportunity to focus on solutions that will help us

to overcome the challenges of scaling a business fast.

It's also an invaluable chance to spend time with peers at

other companies who face similar challenges.“

Paul Robson, CEO, NAC Group:

“We have engaged with ELITE to help NAC Group explore

funding routes for product development and identify

potential exit options for existing shareholders to ensure

business growth, networking and raising our business

profile.”

Bomi Group – Italian ELITE company case study

Bomi Group joined ELITE in April 2012. The company provides outsourcing logistic services and specialized solutions in the medical and

diagnostic sectors. In March 2014 Bomi issued a bond for an amount of €1.5M, the company also raised money through state owned

institutions that are Partners of the ELITE programme. In May 2014 Bomi completed a joint venture deal in the Netherlands in order to

strengthen its international reach. In November 2014 the company successfully completed Phase 2 of ELITE.

“The feedback after 2 years of the ELITE programme is outstanding. We are more international, we improved our governance, we

collaborated with other companies and we are ready to face capital markets” Marco Ruini, Vice-President Bomi Group

Page 7: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

The benefits for corporates

Page 7

Bespoke access to a network of Europe’s leading advisers, investors, experts, entrepreneurs, public and private companies

Earlier engagement with the investor community helping to access capital from a range of sources as and when appropriate for your business

Opportunity to interact, share experiences and learn from other companies with similar growth objectives and aspirations

Develop the expertise to help make informed business and funding decisions for your company

Become part of a vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth

A platform to enhance your business profile with stakeholders, supported by an extensive media campaign and web portal

Page 9: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

Page 9

Being part of the vibrant ecosystem that supports and promotes innovation, entrepreneurialism and growth brings

many benefits. ELITE supporters can contribute to the programme through early engagement in a number of ways

including:

Speak at panel

sessions

Deliver Phase 1 programme content

Lead specific technical workshops as part of Phase 2

Provide ongoing mentoring & advisory services

Attend bespoke

community networking

events throughout the year

@uk.elite-growth.com

Profile your company online and

directly connect with over 200 ELITE

companies across Europe

How do supporters get involved?

Page 10: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

Media and supporter exposure

Page 10

ELITE companies, investors and partners enjoy exposure from an exclusive agreement with The Times and good

coverage from regional and national press as well as our other supporting networks.

“Going for Growth: learning the business of being Elite. The head of the London Stock Exchange wants to

discover a new corporate giant.” Apr 14

ELITE offers a unique platform to support the

introduction to capital markets of some of UK's most

promising companies.

Access to the right kind of finance is critical to growth

and firms must be able to understand, have access to

and be confident in choosing between different options.

The CBI is proud to support ELITE in bringing together

a vibrant network of stakeholders from all stages of the

funding ladder, including corporate, investor, advisory,

research and public sector partners, to support high-

growth firms to fulfil their potential.

ELITE is a way of getting SMEs to think more broadly

about what they're doing. SMEs don't have the time or

the resources to think about strategic growth on a daily

basis.

“ELITE, a programme helping companies to meet advisers, attract investors and develop strategies for growth. The scheme is led by the

London Stock Exchange, which, while hoping that eventually some participants will become candidates to float, is intent primarily on

improving the management of fast-growing businesses.” Nov 14

“The businesses on the Elite programme are distinct from many mid-sized counterparts in that they're hungry.” Nov 14

Two Belfast firms are to join the latest cohort of the

London Stock Exchange Elite programme set up to

support high-growth private companies.

Scottish Hi-tech start-ups boosted by initiative

London firms in the vanguard to join LSE’s

ELITE programme..

A key objective of Elite is to create a unified culture

for UK SMEs as a means of stimulating overall

economic growth in the UK.

ELITE will further raise the profile of the tech sector

amongst professional investors, helping to build

essential sector expertise to compete with the pull

of the US markets and ensure that British firms

create high quality jobs here in the UK. J Shields

Page 11: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

How to join as a company

To become part of the ELITE community,

a company must:

—commit at the most senior level (i.e. CEO/CFO)

for a minimum of 18 months

—be revenue generating, usually £5m

—demonstrate progress to date and growth potential.

Detailed discussion with London Stock

Exchange to ascertain your business needs.

Completion of the application form and

providing relevant information.

Application discussed by a selection committee.

On approval, we will communicate

the planned programme for you and your ELITE

peers and start working with you.

Requirements The process

Page 11

Page 12: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

Other questions (1/2)

ELITE is aimed at the executive level in a company, i.e. the CEO or CFO. As every company’s needs are different, we will discuss and agree on the relevant individual with each applicant. If appropriate, we may also allow for two individuals from the same company to participate.

Who from the company should

participate in this initiative?

There is no upper size limit for ELITE

applicants. The program is aimed at companies

that are looking for a step change in their

business plans and funding resources. In fact,

many companies on the programme have had

some experience of raising external capital. We

are happy to discuss further with you.

We’ve already done some

fundraising – are we too late to join?

£15,000 for the three phases.

How much does this cost? A company will be awarded a certificate

from London Stock Exchange on completing

the ‘Get Fit’ stage of the program. There is

no formal academic accreditation as ELITE

is not an executive education program.

Is there an accreditation?

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Page 13: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

ELITE enables companies to benefit from

LSEG’s small and mid-cap experience and

existing relationships with the advisory and

investor community. Our experience as an

operator of capital markets combined with

support from the business and investor

community will help deliver a comprehensive

service for growing UK businesses – helping to

create a vibrant ecosystem over the longer term.

Why is London Stock Exchange

running this initiative? Will my

company be expected to go public?

Other questions (2/2)

The ‘Get Ready’ phase requires a one-and- a-

half-day commitment every six weeks over the

first 6 months. In the following months, the

cohort will get together every eight weeks or so

to ensure regular engagement.

To the extent possible, the specific timings of

the modules, workshops and sessions will be

scheduled around the needs of the cohort.

What are the time requirements on the

company?

You become part of an extensive alumni

network and continue to have access to

regular events and networking opportunities.

What happens on completion?

Page 13

From April 2015 every member will have

access to the entire ELITE community across

the European jurisdictions with whom they

can connect directly with via the web platform.

How are the European programmes linked?

Page 14: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

Emma Titmus

Telephone +44 (0)20 7797 1464

[email protected]

Umerah Akram

Telephone +44 (0)20 7797 4707

[email protected]

Marcus Stuttard

Telephone +44

[email protected]

Mark Fahy

Telephone +44 (0)20 7797 6396

[email protected]

Clare Dorrian

Telephone +44 (0)207797 2074

[email protected]

ELITE Team UK Primary Markets

Contact us

Page 14

http://uk.elite-growth.com

Tom Attenborough

Telephone +44 (0)20 7797 3747

[email protected]

Chris Mayo

Telephone +44 (0)20 7797 3134

[email protected]

Page 15: ELITE Supporting ambitious UK companies towards growth and … · 2015-05-01 · ELITE is a way of getting SMEs to think more broadly about what they're doing. SMEs don't have the

Disclaimer

Page 15

This document has been compiled by the London Stock Exchange plc (the “Exchange”). The Exchange has attempted to ensure that the information in this document is accurate, however the information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date.

The Exchange does not guarantee the accuracy, timeliness, completeness, performance or fitness for a particular purpose of the document or any of the information in it. The Exchange is not responsible for any third party content which is set out in this document. No responsibility is accepted by or on behalf of the Exchange for any errors, omissions, or inaccurate information in the document.

No action should be taken or omitted to be taken in reliance upon information in this document. The Exchange accepts no liability for the results of any action taken on the basis of the information in this document.

All implied warranties, including but not limited to the implied warranties of satisfactory quality, fitness for a particular purpose, non-infringement, compatibility, security and accuracy are excluded by the Exchange to the extent that they may be excluded as a matter of law. Further, the Exchange does not warrant that the document is error free or that any defects will be corrected.

To the extent permitted by applicable law, the Exchange expressly disclaims all liability howsoever arising whether in contract, tort (or deceit) or otherwise (including, but not limited to, liability for any negligent act or omissions) to any person in respect of any claims or losses of any nature, arising directly or indirectly from: (i) anything done or the consequences of anything done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents of this document, and (ii) the use of any data or materials in this document.

Information in this document is not offered as advice on any particular matter and must not be treated as a substitute for specific advice. In particular information in the document does not constitute professional, financial or investment advice and must not be used as a basis for making investment decisions and is in no way intended, directly or indirectly, as an attempt to market or sell any type of financial instrument. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstances.

The contents of this document do not constitute an invitation to invest in shares of the Exchange, or constitute or form a part of any offer for the sale or subscription of, or any invitation to offer to buy or subscribe for, any securities or other financial instruments, nor should it or any part of it form the basis of, or be relied upon in any connection with any contract or commitment whatsoever.

London Stock Exchange and the London Stock Exchange coat of arms device are registered trade marks of London Stock Exchange plc. Other logos, organisations and company names referred to may be the trade marks of their respective owners.

© Jan 2015

London Stock Exchange plc 10 Paternoster Square

London EC4M 7LS Telephone +44 (0)20 7797 1000

www.lseg.com