GCP gamma capital partners Beratungs- & Beteiligungs GmbH 1
Transcription
GCP gamma capital partners Beratungs- & Beteiligungs GmbH 1
GCP gamma capital partners Beratungs- & Beteiligungs GmbH A-1120 Vienna, Schoenbrunnerstrasse 218-220, Stiege A, 4. Stock T: +43-1-513 10 72-0, www.gamma-capital.com © GCP | 2014 | 1 INTRODUCTION GCP gamma capital partners The VenturePreneurs EQUITY FOR GROWTH We create value through entrepreneurial investing 2 INTRODUCTION GCP is… an outstanding track record made 30 investments structured over 100 transactions realised significant returns (Inode, 123people, FatFoogoo, Fulterer) technology companies with high growth-potential and global ambitions D A CH and EU countries bordering Austria (H, CZ, SK, SLO) GCP has… GCP focuses on… GCP advises… an established Venture Capital manager in Austria a trustworthy, reliable and transparent General Partner an experienced team, committed to value creation funds with over €80m committed capital for a broad base of institutional and private investors 3 GCP INVESTMENT TEAM Burkhard Feurstein Karl-Heinz Götze Paul Weinberger Philipp Chetyrkin Nina Ehrenreich Investment Analyst Reporting & Compliance Partner, Owner Partner, Owner Venture Partner Seasoned investor and finance expert (direct and fund investment), Life Sciences, Greentech Experienced CEO and CFO with a background in turnaround management and M&A execution Experienced hands-on Investment Manager, Partner at internet incubator i5invest Experience in Capital Markets, Private Equity and M&A consulting Investment Team Seasoned and entrepreneurial team with collectively >60 years of investment & business experience Principals with complementary backgrounds and deep industry expertise & networks in their respective focus sectors Powerful research, execution and negotiation skills Sanja Jovanovic Office Manager & Team Assistance 4 INVEST PHILOSOPHY Rigorous Selection Lead in Execution Hands-on Ownership Strong Focus on Exit GCP focuses on significant value creation Credible Teams, who offer compelling solutions for significant market needs Intellectual property that creates entry barriers and protects against imitation Capital-efficient development and Market-entry strategies GCP is a predictable partner with a transparent investment process Lead or co-lead investor with syndication network and follow-on financing power Board representation and market-standard shareholder rights Lean structures, swift processes, plain and well-balanced contracts GCP is an active shareholder Frequent and broad contact with the investee´s team on strategic and operational tasks Active search for growth opportunities, business development ideas and talent Support and Assistence in market research, opportunity assessment and negotiation GCP works on value realization from the very beginning Identification of key value drivers, in-depth understanding of industry trends and M&A drivers Avoidance or removal of exit barriers Existing network to potential exit partners, both strategic and financial buyers 5 INVESTEES QUESTIONS What is GCP looking for in order to consider a VC investment? You should be committed to build a high-tech, high-growth company with either a global perspective or a regional championship approach What sort of control and decision rights will GCP request in a VC investment? You should be open to financial partners which hold a significant equity stake with qualified rights in the company You should be used to deliver timely and comprehensive business and financial reporting You should feel comfortable to work with a board that includes executive and non-executive directors You should be open to the right of the investors to sell the company together with you What is GCP looking for in order to consider a mezzanine investment? The company is profitable and has more than €5m p.a. turnover You look for an equity partner to finance a promising project and want to do a deal only if the equity partners offers you a buy-back option of his shares You are a manager who wants to do a MBI/MBO into an established business How does GCP add value? We are hands-on investors and have every interest in making your company successful You get a competent and interest-aligned non-executive board member You get access to our network of industry experts, advisors and business partners Unlike to strategic investors, our investment keeps your options open You get the best possible preparation for a potential capital market entry 6 HOW TO APPROACH US Usually, an introduction by a mutual friend, professional adviser or GCP portfolio company executive or board member is the most effective way to approach us. We invite you to contact our portfolio companies and validate our claims. Or email your proposal to any team member. Please send a business plan that includes an executive summary, highlighting: Analysis of the market opportunity Description of your compelling solution Overview of the competitive landscape Overview of the business activity, business model and funding requirements over a 3-5 years period Profiles of the management team, including their relevant experience and expertise Contact details 7 VC INVEST STRATEGY Industry Sectors Focus on Tech - Sectors New Media Software & IT Services Electronics Medtech Cleantech Investment Profile Focus on Growth Financing Global Technology Plays: » global markets » scaleable business-models Regional Industry Champions: » attractive market position » accelerated growth » Sector consolidation Stages & Situations Focus on Cash-flows Early-stage investments after proof of concept Expansion investments after proof of marketability 8 VC AFFILIATED EXPERTS Venture Partner Armin Timmermann Christian Lutz GCP leverages in-house resources (expertise, network, capital) through network of affiliated experts as Venture Partners and Industry Advisors Three affiliated experts; outstanding individuals with complementary backgrounds and strong expertise & networks Venture Partners are seasoned entrepreneurs/executives and work with investees to create value They are mostly co-invested or incentivised through equity upside in portfolio firms Markus Wagner Successful serial entrepreneur; Angel Investor Seasoned Executive & Investor Successful tech entrepreneur; Angel investor QPass/Amdocs McKinsey i5invest,Verisign Internet, Mobile, New Media Medtech & Healthcare Telecom & New Media Examples of Value-add to GCP Deal Sourcing: 123people, FatFoogoo, Organica Co-Investment: CNSystems, 123people, FatFoogoo 9 VC COMMITTEES gamma III Investment Advisors Investment Committee of Gamma III Sparring partners for all investment and divestment decisions Elgar Fleisch, PhD Gernot Krämer, PhD Experienced executives and investors Prof. of Info Management St. Gallen & Zurich. Audi, Strategy Investment Advisors are carryincentivised by GCP Leading wireless electronics researcher Experienced strategy consultant and investor Investment Committee of GXT / iLab24 / gamma II Sparring partners for all divestment decisions Experienced executives and investors Investment Advisors are carryincentivised by GCP GXT Investment Committee Thomas Schirmer, PhD Oliver Holle Partner, Binder Grösswang Lawyers Vienna (A) CEO, The Merger Consulting & Investing Vienna (A) Alex Franta VC Investment Professional Vienna (A) 10 PORTFOLIO Software, IT Services and Electronics CRM Solutions Vienna, A, Germering, D Hamburg, D Zürich, CH VMware healthcheck solution Mobile Augmented Reality Vienna, A Houston, USA Salzburg, A Software, IT Services and Electronics ERP software Westheim, D Dresden, D Wels, A Mobile App Discovery Zurich, CH Cleantech & Materials Enterprise software IT services RFID solutions Organic waste-water treatment Vienna, A Lustenau, A Princeton, USA Budapest, HU Shanghai, CH 11 PORTFOLIO Life Sciences Transdermal drug delivery Enzymes for Drug Development and Pharma Prod. Glucopearl Glucose Monitoring Pharmaco-EEG Micro-encapsulated food additives Ruggell, FL Vienna, A Traboch, A Vienna, A Ebenfurth, A Mezzanine Investments Innovative Connecting Technology Dornbirn, A CRM solutions Vienna, A Germering, D Hamburg, D Zürich, CH 12 PORTFOLIO Trade Sales & Mergers Med software Cancer immunology Broadband ISP Vertical meta-search engine for people related information Commerce ecosystem solutions for in-game monetisation Software for sleep analysis Brunn/Gebirge, A Vienna, A, USA Vienna, A Vienna, A Vienna, A Vienna, A Trade Sale to GWI in 2005 Merge with Aphton, Inc. in 2006 Trade Sale to UPC in 2006 Trade Sale to PagesJaunes in 2010 Trade Sale to Digital River in 2010 Partial exit, Trade Sale to Philips/Respironics in 2010 RFID (Radio Frequency IDentification) solutions Micro-encapsulation technology for agropharmaceuticals Non-invasive cardiovascular diagnostics Feldkirch, A Lustenau, A Ebenfurth, A Graz, A Merge into Infoniqa in 2007 Trade Sale to Co-Investors in 2009 Trade Sale to FMC in 2012 Trade Sale to Business Angel in 2012 Logistic execution systems High-end Furniture Manufacturer Micro-encapsulation technology for agropharmaceuticals Feldkirch, A Bühler, CH Ebenfurth, A Mezzanine Investment Early repayment in 2010 Mezzanine Investment Early repayment in 2012 Mezzanine Investment Repayment in 2012 Logistic execution systems 13 GCP Gamma Capital Partners Beratungs- & Beteiligungs GmbH Schoenbrunnerstrasse 218-220 Stiege A / Top 4.04 A-1120 Vienna AUSTRIA T: +43-1-513 10 72 F: +43-1-513 10 72-200 E: [email protected] W: www.gamma-capital.com © GCP | 2014 | 14