Over £18m returned to investors
Typically when investing in private companies, you should expect to hold your investment for five to 10 years. Wealth Club first conducted a raise for a single company in 2017, but the majority of Wealth Club’s single company investments have been made since 2020, therefore the average age of our portfolio is less than 5 years. More than £18 million has been returned to investors to date (March 2025) from the following exits so far:
- 10 deals have had full cash exits (10%)
- 4 deals have had partial exits (4%), where investors elected not to fully exit investments
- 77 deals are active (76%)
- 10 deals have failed (10%)
EIS exit: Aparito – up to 3x realised return
Wealth Club investors first invested in Aparito in 2019 and the sale of its clinical trials platform in May 2024 provides early investors with returns of up to 3x.
EIS exit: Datamaran – 5.1x realised return
In 2019 Wealth Club investors participated in the Series A round of Datamaran, an ESG risk management software platform. They were given the opportunity to exit in 2024 at a 5.1x multiple of the entry share price.
EIS exit: Titan Self Storage – 1.24x to 1.77x
Titan Storage Poole – 1.24x realised return
In 2018 Wealth Club investors invested £871,000 into a self-storage business. The company was sold in 2023 giving Wealth Club investors a 1.24x return.
Titan Storage Sidcup – 1.77x realised return
In 2017 Wealth Club investors invested c.£1 million into a self-storage business. The company was sold in 2024 giving Wealth Club investors a 1.77x return.
Early EIS exit: Flagstone – 1.87x realised return
In 2022, Wealth Club investors invested £2.5 million in Flagstone, a cash deposit platform which offers consumers and businesses easy access to some of the most competitive savings rates in the market. Investors were given the opportunity to partially exit in 2024 at a 1.87x multiple of the entry share price as part of a £108 million deal with a US private equity investor. Many investors opted to stay invested in full.
Commercial property exit: 4-acre supermarket and car park site – 1.2x realised return
In September 2020 Wealth Club investors participated in a deal to buy a 4-acre supermarket and car park site let to Tesco under a 25-year inflation-protected lease. The site was sold less than two years later for a return of 1.2x.
Commercial property exit: Multi-let retail estate – 1.5x realised return
Wealth Club investors participated in a deal to purchase the 2-acre estate in 2018. During the holding period, rental levels were increased by 35%, including leasing previously vacant land on the site. In September 2024 the site was sold, realising a total gain of 1.5x including interest paid through the life of the investment – above the level targeted at entry.
MBO exit: Project Blackout – 1.65x realised return
In 2019, Wealth Club investors participated in the confidential and undisclosed MBO of Project Blackout, a leading wholesaler of textiles. The funding was intended to help the founders expand the team and the company’s global customer base. Despite lockdown the Company performed well. Investors’ subscriptions comprised secured loan notes targeting a yield of 10% p.a. plus 30% equity interest. In August 2022 the business was successfully refinanced and Wealth Club investors received full repayment of the loan and interest, whilst the equity remained invested. In early 2024, the sale of the business was agreed. Total proceeds of the deal will give Wealth Club investors a 1.65x return net of all fees and 16% IRR.
MBO partial exit: Project Olympus
In 2021, Wealth Club investors participated in the £46m MBO of Eque2, a market leading supplier of ERP software to construction and house building industries in a deal led by buyout firm WestBridge. Eque2 provides mission critical, cloud-based, business management software solutions to approximately 3,000 customers in the UK construction sector, enabling them to manage their core workflows, improve productivity and increase margins.
Eque2 is growing recurring revenues at over 30% per annum, driven by the ongoing adoption of digital technology in the construction industry, coupled with the demonstrable revenue enhancement and cost savings that Eque2’s specialist software delivers for its clients.
In May 2024, Bowmark Capital, the mid-market private equity firm, has made an investment in Eque2 which provided a very attractive partial exit for existing investors – terms not disclosed.
Key statistics
Key performance indicators for Wealth Club backed companies as at 30 September 2024 (source: Wealth Club, based on investee company information). Past performance is not a guide to the future.
The percentage of Wealth Club backed companies that have attracted institutional capital
See discrete performance of the companies mentioned
| 2024 | 2023 | 2022 | 2021 | 2020 | |
| Aparito (EIS) | Undisclosed^ | £11.9m | £9.63m | £9.63m | £9.63m |
| Datamaran (EIS) | – | – | £49.1^ | £11.4m | £11.4m |
| Titan Storage Poole (EIS) | – | £1.24 | £1 | £1 | £1 |
| Titan Storage Sidcup (EIS) | £1.77^ | £1 | £1 | £1 | £1 |
| Flagstone (EIS) | £1,284^ | £683 | £683 | – | – |
| Commercial property (loan notes) | – | – | £1.2 | £1 plus interest | £1 plus interest |
| Commercial property - Mixed-use retail estate | £1.5^ | £1 plus interest | £1 plus interest | £1 plus interest | £1 plus interest |
| Project Blackout (MBO) | – | £1.65^ | £1 plus interest | £1 plus interest | £1 plus interest |
| Project Olympus (MBO) | Undisclosed^ | Undisclosed | Undisclosed | Undisclosed | Undisclosed |
Sources: Wealth Club, Beauhurst (October 2024). Past performance is not a guide to the future.
^ indicates year of exit. Value at exit shows capital repayments and cumulative interest paid. Value in previous years is the underlying loan note value excluding interest. There is no readily available market price or data for this type of investment.