×

NORTHEAST FINANCE NEWS

Thursday August 22 2019

Newcastle co-investment group represent region at Dublin conference to source exciting future opportunities


Conviction Investment Partners (CIP) is flying the flag for the North East at the prestigious SaaStock conference in Dublin.



Newcastle co-investment group represent region at Dublin conference to source exciting future opportunities

It has a coveted speaking slot at what has been described as ‘Disneyland for Software as a Service (SaaS) companies’ and ‘The best conference in Europe for SaaS founders and executives.’

 

SaaStock19, taking place in October, will bring together 4,000 leaders to learn how to gain real traction, accelerate growth, and scale their businesses into category-leading SaaS companies.

 

The CIP syndicate offers investors the opportunity to invest in high-growth early stage companies that employ the Cloud to build a disruptive SaaS based model. The Conviction partnership is led by founding shareholder Andrew Jenkins, who has invested in disruptive technologies for 10 years, most notably Mimecast, which is now Nasdaq listed at over $2bn.

 

Andrew is supported by Jeremy Middleton CBE, Managing Director of successful private investment company Middleton Enterprises Limited, and co-founder of home emergencies repairs business HomeServe plc, now a FTSE 250 company valued at over £4bn.

 

Andrew Jenkins said: “The crème de la crème of SaaS businesses and their leaders will be represented at SaaStock in Dublin and it’s a tremendous opportunity for CIP to have the chance to address the conference.”

 

Jeremy Middleton said: “CIP has supported a number of significant companies including Adepto, a skills-based Total Talent SaaS platform, iZettle, which was purchased by PayPal for $2.2bn generating exceptional returns to CIP investors  and Oradian, a cloud-based banking platform for financial institutions in frontier markets.

 

“SaStock is the place for businesses in this sector and exactly where CIP needs to be to generate future opportunities.”

 

The syndicate Conviction Investment Partners offers ‘Just in Time’ finance to a select number of fast growing companies. Rather than providing large blocks of expensive capital upfront, the ‘Just in Time’ model invests smaller amounts of money each year, subject to the company hitting the pre-agreed growth targets. This means that founders of companies are typically diluted much less than if they were funded through a traditional VC model.

It also means that syndicate investors can take smaller initial positions and add to them when and if the investee companies continue to meet the set metrics.



"The crme de la crme of SaaS businesses and their leaders will be represented at SaaStock in Dublin and its a tremendous opportunity for CIP to have the chance to address the conference."
Andrew Jenkins








DISCLAIMER: The statements, opinions, views and advice expressed in this article are those of the author/organisation and not of ENTIRELY. This article should represent information correct at the time of publication however whilst every care has been taken to present up-to-date and accurate information, we cannot guarantee that inaccuracies will not occur. ENTIRELY will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within this article or any information accessed through this site. The content of any organisations websites which you link to from ENTIRELY are entirely out of the control of ENTIRELY, and you proceed at your own risk. These links are provided purely for your convenience and do not imply any endorsement of or association with any products, services, content, information or materials offered by or accessible to you at the organisations site.






RECOMMENDED FOR YOU ON ENTIRELY NORTH EAST














































How the High Street is Helping Students


You may remember a time not too long ago when going into your local town or city for some recreational spending would take the best part of a day. Relying on public transport, finding the item you want, the perpetually long queues of retail, its tiring no matter what your fitness levels are











Discover the latest Industry News & Opinions on Entirely














We build powerful Financial Models for critical business decision makers.