Growth Capital
We invest in and provide ongoing support for profitable companies with ambition to scale.
- We partner with ambitious entrepreneurs to grow their businesses with them over the long term.
- We add value and create wealth.
- We bring commitment, contacts, expertise, and ideas to businesses, not just capital
Our Track Record
£4bn
HomeServe investment
From start up in 1990 to £4bn exit in 2022
£100M
House Buyers Bureau investment
From start up in 2011, now a £100m property trading business
£100M+
Conviction Investment Partners
From a business angel network in 2017 now $100m raised and invested in early stage SaaS businesses
Our Growth Capital Criteria
- Simple business model
- Recurring revenues or consistent repeat customers
- £2m – £10m annual revenue
- Profitable – target £500k – £1m annual run rate
- High calibre management
- Equity stake of 10%-30%
- Growing, cash generative, profitable business
Flexibility
We provide the right capital your business needs to grow, at the right time and on founder friendly terms.
Empathy
We understand entrepreneurs’ needs and are happy to provide liquidity and de-risking for founders through partial buy-outs.
Partnership
We view our founders as partners, not portfolio companies, backing founders to execute their strategy and adding value where we can.
Well Capitalised
We back our winners. Initial minority equity investments of £500k-£1m, with additional follow-on investments as the business grows of up to £10m.
Patience
We aren’t a fund so we have no exit mandate. We are experienced in selling businesses, for good prices, when you think the time is right.
Professionalism
We bring ambition, contacts, expertise and ideas, not just capital. Including access to people who have grown a £4bn business.
Growth Capital Portfolio
Now a business trading around £100m of property each year. MEL invested from inception in 2010.
Apex Bridging provides property finance solutions. These are generally short-term loans which are secured against property, land or developments. MEL invested from inception in 2013.
Alertacall combining ingenious technology and contact with people who care to improve health and safety and detect changing needs in elderly and vulnerable residents.
OneGym are a low-cost gym chain. They bring a fresh approach to fitness, providing top of the range facilities accessible to everyone
Ilke Homes are pioneering the future of house building. Bringing people beautiful, sustainable, and precision-built modular homes.
D-Line designs and manufactures decorate trunking and other cable management solutions. Products are sold in B&Q, Screwfix and various international markets. D-Line was one of MEL’s earliest investments, originally investing in 2006 and buying out other shareholders in 2013 & 2014.
One Utility Bill develops software that enables landlords and letting agents to create, quote, and set bill packages for their properties and residential tenants.
We Understand Entrepreneurs
• As Entrepreneurs ourselves, we understand the wants and needs of other entrepreneurs.
• We can facilitate growth investment and secondary investments, to de-risk founders.
• We view our founders as partners, not portfolio companies.
• We back founders to execute their strategy and whilst we provide advice, we will back their judgement.
• We can facilitate growth investment and secondary investments, to de-risk founders.
• We view our founders as partners, not portfolio companies.
• We back founders to execute their strategy and whilst we provide advice, we will back their judgement.
We are founder friendly
• We keep terms simple and founder friendly; we invest straight equity with simple term sheets and charge minimal management fees, unlike private equity funds.
• We are flexible in our terms, timeline and relationship. We structure deals that work for us and the founders, working to your timelines. We can be very hands on, or passive investors, depending upon the founder needs.
• We aren’t a fund and we don’t have an exit mandate. We work to the founders exit timeline whether that be 5 years or 50.
• We are flexible in our terms, timeline and relationship. We structure deals that work for us and the founders, working to your timelines. We can be very hands on, or passive investors, depending upon the founder needs.
• We aren’t a fund and we don’t have an exit mandate. We work to the founders exit timeline whether that be 5 years or 50.
We provide expertise and network
• Our team of investment professionals bring decades of experience in investment, finance and marketing to help your business.
• We are well networked with thousands of connections across the UK having made 100’s of investments over the past 30 years. We have connections across many industries and sectors that we will leverage where possible.
• We are well networked with thousands of connections across the UK having made 100’s of investments over the past 30 years. We have connections across many industries and sectors that we will leverage where possible.
We back our winners
• Whilst our 1st round investments ranges from £500k-£1m, we back our winners and will follow on up to £5m into the best companies.
In the press
Middleton Enterprises manage 3 more portfolios:
Meet our our Growth Capital Experts
James Middleton
Investment Associate
James is responsible for developing our growth capital portfolio by identifying opportunities, conducting in-depth research and supporting our investee companies. James has 4 years of investment experience, overseeing multiple transactions end to end, deploying >£4m of capital.
Get in touch with James