| Avonmore Developments is a well-established
investment company that is active in one of the hardest
areas of the market to secure external funding, namely
seed and early stage equity capital financing. To
date Avonmore has made over 15 investments and has
achieved several notable exits.
In an initial funding round Avonmore generally invests
between £100,000 and £250,000 of its own
funds. This might be either as sole investor, or as
part of a larger investment syndicate where Avonmore
will often act as the lead investor. Avonmore will
also generally follow its money in any future funding
rounds of an investment.
Avonmore's
investments cover a number of different areas (For
more information on our investment strategy, please
take a look at the ADL
FAQ's section) and consideration is given to all
investment opportunities we receive. However, it should
be noted that we currently only invest in UK based
businesses and generally those with sub- £5million
pre-money valuations. Experienced management teams,
with defendable technology and a proven market demand
are also key investment criteria.
Avonmore is run by brothers, Simon and Michael Blakey.
Simon Blakey - Director
Simon was initially a biochemist and management accountant
by training and started Avonmore Developments in 1999
following several years working at Arthur Andersen
Business Consulting where he specialised in financial
service start-up projects.
Whilst at Andersens, Simon became personally involved
in residential property development and this eventually
drew him into business angel investing. Simon is in
charge of deal negotiations and the ongoing management
of Avonmore’s investment interests
As well has his business interests, Simon sits on
the management board of the Sainsbury Centre for Visual
Arts and is an Honorary Fellow of the Royal Academy
of Music. In his spare time he is a long distance
runner and private pilot.
Michael
Blakey – Director
After several years studying and working in the USA,
Michael returned to England were he joined Sainsbury’s
plc, specializing in Human Resources and IT. As well
as working on the roll-out of “Sainsbury’s
To You” internet shopping, Michael helped managed
several projects including IT re-platforming of all
Sainsbury’s HR and payroll systems.
Whilst working at Sainsbury’s Michael made
a number of early-stage investments and this lead
him into joining Avonmore full time in 2002. He is
responsible for Avonmore’s marketing and deal
sourcing.
Contacting Us
Avonmore Developments Ltd, 6 Snow Hill,
London, EC1A 2AY
contactus@avonmoredevelopments.com
Telephone +44 (0)20 7002 7718
|