After a successful launch last year, WHIreland Investor Forum is delighted to announce its first exit for participating members from an investee company.
The WHIreland Investor Forum was launched in 2018 with the aim to provide funding for quality, growing private businesses from professional private investors and family offices. Through its dedicated member only website, potential investors are able to review an exciting variety of professionally sourced early stage UK companies requiring funding across a diverse range of sectors.
The first exit company for the WHIreland Investor Forum is Albert. Albert is a business that enables freelancers and micro-businesses to automate invoicing and expenses through its mobile app. The team was making great strides in developing its offering and the business needed further investment to build on what had already been achieved to date. In March 2018, funding was successfully sourced through the WHIreland Investor Forum, enabling the Albert team to take the business to the next stage in its growth strategy.
Following its subsequent growth, Albert was successfully acquired by Santander Group for an undisclosed amount, leaving the participating members delighted with the outcome.
Ivo Weevers, CEO and co-founder of Albert, said: “The funding secured by WHIreland Investor Forum helped us to take Albert to the next stage in its development. We were extremely impressed by the team and are proud that we have been able to provide a strong return to the investors that had the confidence to back our business.”
Zuleika Salter, Associate Director, Private Equity, said: “I am delighted that the first exit from the Investor Forum has been a success. We are proud to be supporting growth companies from across the UK and this marks a notable milestone in the continued development of the WHIreland Investor Forum”.