Investment CriteriaLongbow invests in healthcare related companies that have excellent growth prospects and experienced management teams.
There are a number of characteristics that define the companies in which we invest. These include:
* Company valuations between £2m-£10m at point of investment
Management teams that are well balanced between the three elements of leadership, marketing and finance
* A company carrying on an EIS qualifying trade
* The prospect of exiting the investment within three to five years
Longbow will assess an investment against criteria in order to assess the kind and level of risk:
* Strong intellectual property protection
*The nature of the market for its products; size; maturity; receptiveness to new technologies/products; competitor response
* The quality of the management team
* Regulatory risk including capital and time required to market the product
* The amount of additional funding required prior to exit and possible dilution
* Multiple potential trade exit routes
From time to time Longbow will consider investing outside the healthcare sector, however, this would only be in exceptional circumstances.