We manage a portfolio of companies, focused predominantly on enterprise software firms, covering the financial technology, pharmaceutical and business services sectors, with offices located across the world.
We always seek to acquire the entire share capital or a controlling stake in a company. We occasionally partner with like-minded firms on larger deals but only where it can retain a sufficient level of control – and even then, we will only work with companies where a strong working relationship can be achieved.
The capital to buy portfolio companies is our own, generated from our investment activities. We therefore truly understand what it takes to invest our own capital and the journey required to get there. To this end, we can make swift decisions without the need to consult an investment committee or external investors, or wade through endless amounts of red tape. Decisions are quick and unpolitical, with dialogue directly with the decision maker.
Transactions are never executed with an exit in mind and there is no prescribed time frame to “exit”. The typical three-to-five-year investment horizon does not apply. Indeed, Parabellum Investments has been an investor in some companies for over ten years.
How we work
The way we work is important to us because it reflects the shared values and style across the team. This fosters an environment where the investee companies feel supported and constructively challenged rather than burdened with inane reporting or trapped in endless board meetings.
In terms of transactions with vendors, we pride ourselves on being clear from the outset and at all stages of the process. We set price expectations early, we do not “price chip” and we tend to complete due diligence in two months or less – most of which is usually done by our team.
We are acutely aware of the importance of continuity of service post-acquisition and the protection of the vendor’s reputation, especially in the case of corporate disposals.
Who we buy from
Parabellum Investments’ deal flow is varied.
However, typically, we tend to acquire companies either from large corporate groups seeking to dispose of non-core assets to a reputable and operational buyer. We also acquire from owners or operators who are also keen to ensure the business is sold to an operational buyer who will ensure continuity of trading and employees are well looked after.
We have also transacted with private equity sellers and venture capital firms.
