Advantedge

Advantedge

Invoice finance facilities for UK SMEs

The Business

Advantedge Commercial Finance is a leading privately owned provider of invoice finance to UK SMEs looking to access fast, flexible, and straightforward funding for growth and working capital.

The Original Deal

In 2016, Mobeus invested £9 million to back the management buyout of Advantedge.

The Realisation

Mobeus sold its interest in Advantedge to eCapital Corp. (“eCapital”), a North American based provider of alternative financial solutions to businesses.

The Impact

With Mobeus’s support the business grew strongly, with revenues increasing 2.4x and EBITDA doubling. Advantedge secured a substantially increased £100m syndicated funding line to support its ambitious growth plans; completed a rebrand; launched two new regional offices; and acquired Henry Howard Cashflow Finance, which saw the business take on a new presence in Wales and the South West region. Mobeus secured 30% IRR and a 2.7x Money Multiple with this first exit from the current buyout fund.

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“Mobeus was unique amongst the private equity firms we met in being able to grasp the important dynamics of our sector immediately. With Mobeus’s support, we are growing a nationwide business that’s passionate about providing certainty of funding to our clients, so they have the confidence to drive their plans forward.”

David Tilling
Advantedge, CEO

18 months in review

All our new investments. follow-ons, IPOs and exits from the last 18 months.

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