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Guinness EIS

Overview

Since 2010 Guinness Asset Management has established itself as a leading EIS fund manager and growth company investor. We are proud to have invested over £200 million into more than 100 EIS qualifying companies including some of the fastest growing growth companies in the UK. Our experienced and long-standing team work closely with our portfolio companies as they look to grow and deliver value for our investors.

Within the universe of EIS-qualifying investments, our Guinness EIS Service is focused on identifying and investing in growth companies that require scale-up capital. We filter for companies with at least £1 million of historic revenue based on a proven technology, service or product.

We are generalist investors and have invested into a wide range of sectors including technology, manufacturing, retailing, healthcare, leisure and food & drink. This generalist approach allows us to mitigate risk by targeting balanced and diversified portfolios for investors.

The Guinness EIS closes tranches quarterly and targets full investment in the same tax year as a tranche closes. We expect to invest in a portfolio of more than ten investee companies across a range of sectors.

Next tranche close: 16th December 2022

Why Invest in Guinness EIS

The EIS encourages investment into small, illiquid companies. EIS investments should therefore be viewed as high risk and only for investors who understand the risks.

Within the universe of EIS-qualifying investments, our Guinness EIS Service is focused on identifying and investing in growth companies that require Scale-up capital.

The value of these businesses is often underpinned by experienced management teams, good visibility on future revenue growth and expanding capital requirements.

We target a portfolio of at least 10 companies for investors, with portfolios for the last four tranches containing 11 investments.

We are targeting a portfolio return of 2x before Performance Fees and EIS tax reliefs.

We have an experienced team of investment professionals that bring a rigorous approach to making, monitoring and exiting all our investments.

EIS Investment Strategy

We intend to make at least 10 investments per client portfolio in companies from a range of sectors that offer our target investment characteristics.

Examples of these are:

 

Experienced management teams

Guinness look for experienced and competent management teams with a strong understanding of their market and competitive position, and with a track record of building and selling companies.

 

Good visibility on future growth

Maturing companies and businesses with clearly defined growth paths. The Manager favours businesses with a proven technology, service or product.

 

Robust deal dynamics

Companies should have strong competitive positioning, underpinned by a realistic business plan. Investments structured to maximise returns and allow Guinness to protect their investors' interest.

The Investment Process

Origination

The Investment Manager sources Investments through its networks of contacts. Guinness Asset Management has made more over 100 EIS investments since 2011, and has consequently established a broad pipeline of investment opportunities and introducers. All origination leads are discussed at the Investment Manager's regular pipeline meetings where they are prioritised according to the investment strategy.

 

Due Diligence

Origination leads that have been prioritised are initially screened internally. The Investment Manager will usually secure a period of exclusivity while due diligence is completed. This may involve external advisers and concludes with negotiating investment terms. The findings are compiled into an investment memorandum, which is circulated to the Investment Committee for discussion at Investment Committee meetings.

 

Transaction

If the Investment Committee grants final approval for a potential investment, the Investment Manager will set a budget and time frame for completing the transaction. The Investment Manager manages transactions internally, but also engages third parties such as lawyers and accountants for transaction support.

 

Monitoring

The Investment Manager usually seeks Board positions in Investee Companies. They seek to establish regular formal communication with management teams. The Investment Manager closely monitors each Investee Company during the life of an Investment. Investee Companies are also required to provide the Investment Manager with regular management reports and financial statements.

 

Exit

The Investment Manager actively monitors opportunities for exits of individual investments. Any potential exit strategy will be described in a short-form memorandum and submitted to the Investment Committee for final approval prior to the commencement of any sale process.

Document

Guinness EIS Information Memorandum

Guinness EIS Advised Application Form

Guinness EIS Direct Application Form

Guinness EIS KID

Guinness EIS Tax Efficient Review

News

The latest news and press from Guinness Ventures, concerning new investments, fund raises and more.

 

18 November 2022

Deloitte UK Fast 50 features our portfolio companies Cera, Distributed and Popsa

Rankings are based on percentage revenue growth over the last four years.
4 November 2022

M&S chooses EIS company, Neighbourly, for Christmas giving campaign

Neighbourly features in M&S Christmas ad and will give £1million to local communities.
26 September 2022

All Faiths Win at Good Funeral Awards 2022

The Birches Remembrance Park, Northwich win Crematorium of the Year
23 September 2022

Enterprise Investment Schemes extended beyond 2025 Sunset Clause

Chancellor confirms his on-going support in the "mini-budget".
26 August 2022

Guinness Ventures are 3x Growth Investor Awards 2022 Finalists

Most Impactful Investment, Best EIS Investment Manager and Best AIM Portfolio Service.
19 August 2022

Sessions opens latest launchpad for pioneering chefs and their food

The one-of-a-kind hybrid where restaurant meets food hall, opened its new venue in Islington.    
16 August 2022

RW Health and Dragonfly AI in the fastest growing analytics startups

Best Startup London rank our portfolio companies amongst the top analytics businesses.    
8 July 2022

Thriva, personalised healthcare, ranked #3 in Sunday Times fastest growing companies

The Sunday Times Hundred 2022, Britain's fastest growing private companies.    
1 July 2022

EISA Award success for Guinness Ventures

Best EIS Investment Manager 2022 and EISA Impact Award 2022 - Highly Commended      
Document

Guinness EIS Advised Application Form

Guinness EIS Direct Application Form