Attica Ventures makes investments by acquiring a stake in a firm/s share capital. The stake can only be acquired through a share capital increase, not by buying shares from existing shareholders. Another investment option is through a convertible bond.

Attica Ventures does not invest in companies whose securities are publicly traded. We also cannot invest in the shipbuilding/ship repair industry, coal and steel industry as well as in composite fibres, the car & car parts industry, in real estate or in the gambling industry.

We expect most equity stakes to be minority holdings between 10% and 49%, while in the case of a majority stake the Fund will seek to transfer it back to existing management as soon as possible after certain targets have been achieved. Fund participation will be based on a five-year or (at a minimum) three-year business plan, on a case-by-case basis, which will be updated annually following our investment.

An investment will typically last between 3 and 5 years.

We would expect to exit an investment either through a stock exchange listing (IPO) or by means of a trade sale to another company in the sector or a strategic investor, or through a sale to another VC/PE fund. A final option is a buy-back of shares by the existing management (MBO) or other shareholders.

Click here to view a diagram of the full investment cycle, from submission of a business plans by a firm, through its evaluation by the Attica Ventures management team, interaction between Attica Ventures and the potential target, valuation procedures and timetables, the investment decision, and finally monitoring of the investment right up to exit.