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The
Company cultivates these business attributes, taking leadership
positions in the investees, and provides them with financial
and management resources as well as on-going strategic councel.
Mitigation of Risk, Divestiture Strategy and Return on Investment
are the fundamentals of Manchester Capital Inc.s
business.
To achieve this requires solid investees in growth segments,
sophisticated management, strong research and planning capabilities
and the right combination of financial depth.
Combined with a vision and plan of profits and momentum, Manchester Capital Inc.
springboards its investees
into the public markets where it seeks to gain on the multilples
of its strong fundamentals.
Manchester Capital Inc. selects to invest in businesses
that possess:
- Large, and or, dynamic Market Potential
- Superior Product and/or Service Offerings
- Unique Market Strategy
- Solid Management
Manchesters approach to investing is based
on substantial up-front work prior to bringing an investment
to the public market. Manchester invests a substantial amount
of time inside the businesses in the early stages to ensure
the proper processes and management are in place to manage and
grow the business. This attention provides strong insight into
the business and is the foundation for building a merger and
acquisition plan. Manchester retains a majority position on
the Board of Directors and is actively involved in the businesses.
Manchesters investments generally have a 4 - 5 year
time horizon.
Research and Due Diligence:
Prior to the initial investment of funds in any transaction,
Manchester Capital Inc. completes an exhaustive due
diligence process focused on areas such as:
- The market segment
- The underlying business
- The competition
- The barriers to entry
- Risk factors
Once this initial groundwork has been completed
and the Manchester Capital Inc. Board is satisfied, the
next phase will focus on structuring the transaction for Manchester Capital Inc.
and its investor partners.
Mitigation of Risk
In the overall structuring of an investment Manchester Capital Inc.
looks to manage two main areas of risk:
- Related to the underlying business.
Managing this risk encompasses ensuring that the management
team has a clear vision and plan in order to execute and
deliver the vision. Manchester Capital Inc. works
with management to ensure the requirements to achieve the
overall plans are in place and available to the business.
- Related to investors in the business.
With all investments Manchester Capital Inc. ensures
proper procedures and processes are in place in order to
manage and monitor the business. Reporting on the investments
comprises of weekly, monthly and quarterly reporting allowing
Manchester Capital Inc. to keep close tabs on the
business. This allows for corrective action, where necessary,
to take place very quickly compared to waiting for the quarterly
reports after the fact. It is fundamental for a business
to run profitably it must have proper and timely reporting
in place to allow the business to be proactive in the management
of day to day operations.
Expertise
To support each investment, Manchester Capital Inc. brings
together a team and network of seasoned professionals as council
and management support, each with exceptional pedigrees in financial
areas such as:
- Strategic Investments
- Private and Public Acquisition Financing
- First Stage Financing (Seed/Startup)
- Growth/Mezzanine Financing
- Private Equity Placements
- Financial Advisory Services
- Financial projection preparation and business
plan development
- Merger and Acquisition Financing
- Investor Relations
- Public Relations
Manchester performs a wide range of administrative
tasks pertaining to its investments:
- Identification of investments that meet
with the investment criteria as established by the Board
of Directors of Manchester.
- Performance of legal, scientific and technical
due diligence using internal and external expertise.
- Assessment of the overall market and commercial
potential of the underlying products, services or technology.
- Negotiation of the terms of investments
and the preparation of investment recommendations to enable
the Board and clients of Manchester to evaluate the prospective
investments.
- Monitoring of the financial and operating
performance of investments and the provision of strategic,
financial and operational advice and support to the management
with the investments.
- Preparation of a divestiture plan for
Manchester's holdings in each of the investments for approval
by the Companys Board of Directors.
- Issuance and distribution of a comprehensive
report to the Companys shareholders, as defined and
required by the Board of Directors.
- General management of the portfolio of
Investments with the main objective of maximizing shareholder
value.
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