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24 Haymarket [2024]
Impact for scaleups
51
UK companies backed
45%
follow on investments
53%
outside London
36
growth stage investments
Key sectors
24 Haymarket is a private investment firm specialising in growth equity and venture capital, headquartered in London, with a strategic focus on supporting high-growth companies in the UK. Since its inception, the firm has established a strong network of over 100 seasoned private investors, allowing it to leverage collective expertise across various sectors, particularly technology, healthcare, and cybersecurity.
The firm adopts a hands-on approach, often taking board seats in its portfolio companies to ensure strategic alignment and support growth initiatives. This involvement not only facilitates access to capital but also fosters a comprehensive growth environment that includes talent recruitment, market expansion strategies, and exit planning.
In the period between 2017 to June 2024, the firm invested a total of £301m in 51 UK companies in 92 fundraising rounds. The average turnover of those companies was £116m and their average number of employees was 39.
Scaleups in its portfolio include a health online platform and mobile app DrDoctor, a software provider for workforce development MWS Technology, and Radar Healthcare – a healthcare software company.
24 Haymarket primarily focuses on equity investments in UK-based businesses at the venture and growth stages. It targets companies that have demonstrated initial commercial traction, ensuring that investments are made in firms poised for significant growth. The firm typically invests between £1 million and £5 million per company and aims to secure an average equity stake of 18%. This strategy reflects 24 Haymarket’s commitment to nurturing high-potential investments while allowing for co-investment opportunities without imposing a matched funding requirement.
“24 Haymarket became our partners on day one and have been on the journey with us ever since. They have supported us in many ways including commercial introductions, market insight, training, and helping us raise our game as business leaders. Having a great investment partner has been the most important factor in our growth to date.”— Tom McDonnell, CEO Monterosa
24 Haymarket became our partners on day one and have been on the journey with us ever since. They have supported us in many ways including commercial introductions, market insight, training, and helping us raise our game as business leaders. Having a great investment partner has been the most important factor in our growth to date.
