We're delighted to have advised Foresight on its MEIF equity finance investment into Money Alive
EMW advise Foresight on its MEIF equity finance investment into Money Alive.
Foresight is a leading infrastructure and private equity investment manager listed on the London Stock Exchange, which has been managing investment funds on behalf of institutions and retail clients for more than 35 years and has more than £7 billion of assets under management.
Money Alive, based in Bedford provides a regulatory risk management and video engagement platform, and will continue to grow following a £749,000 financial investment from Foresight Group using equity finance from MEIF as part of a £1 million funding round together with a number of private investors.
The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
Kerry Jimenez, Legal Director at EMW said “It was a pleasure to support Jordan and the Foresight team to deliver this project and we look forward to working with the Foresight team again in the future." Jordan Lavender, Investment at Foresight added “We are delighted to be able to support Money Alive on their next phase of its growth journey. Since meeting management, we have been impressed by the expertise and commitment of the team to create engaging content to help individuals be more financially aware. The company is well poised for growth over the coming years, utilising our investment through the MEIF, and we look forward to supporting the management team to realise the company’s ambitions."
Our corporate team advise companies, management teams, investors and debt providers from business start-ups and first round finance agreements through to mergers and acquisitions, management buy outs, development funding and then exit.
If you’d like to find out more about this update please get in touch with Kerry Jimenez.