We invested in one new business in 2014/15, participating in the seed capital rounds for Atom Bank. The company has recruited more than 40 people so far, was recently granted its banking licence and aims to launch later in 2015.
We continue to support our portfolio companies, which have growth potential. Follow on investments were made in DIY product manufacturer, D-Line, and digital signage integrator, Beyond Digital Solutions. House Buyer Bureau has secured a significant bank credit facility and Apex Bridging continues to grow its loan book. Apex is seeking new broker relationships to expand the business.
A number of legacy investments were sold or ceased to trade in the year.