Hambro Perks Explained

Hambro Perks
Type:Growth Investor
Industry:Venture Capital
Founded:2013
Founders:Rupert Hambro, Dominic Perks
Hq Location City:London
Hq Location Country:UK
Key People:Rupert Hambro, Dominic Perks, Sir Anthony Salz, Sir John Rose, Clive Hollick

Hambro Perks is a London-headquartered investment firm. Hambro Perks was founded in 2013 by Rupert Hambro CBE and Dominic Perks. Sir Anthony Salz is the Chairman of Hambro Perks.

The Financial Times described the Hambro Perks as "an unlikely fusion of old and new City — clubby establishment networking alongside high-tech entrepreneurial energy." [1]

Portfolio Companies

The Hambro Perks portfolio is made up of over 100 firms[2] including:

Other notable investments linked to Hambro Perks include Sipsmith, which was sold to drinks giant Beam Suntory in 2016.[11]

History

Hambro Perks Ltd. was founded in 2013 by Rupert Hambro CBE and Dominic Perks. The firm was originally conceived as a venture investor and incubator.

In August 2017, Hambro Perks hired Kate Burns to run its new media division. Burns was managing director of UK business at Google from 2001 until 2006 before becoming regional director of UK, Ireland, and Benelux as the US web giant expanded. Later, she became the chief executive of European business at AOL.[12]

In December 2020, Hambro Perks was reported to have established a fund specialising in environmental technology chaired by the prominent businessman Sir John Rose.[13]

In January 2021, it announced the establishment of the Hambro Perks Special Opportunities Fund which includes companies sold by Invesco in the wake of the Neil Woodford scandal.[14]

In October 2021, The Sunday Telegraph reported that the firm had established a fund to help 'paper millionaire' entrepreneurs and company founders sell part of their shareholdings. Hambro Perks Co-founder Dominic Perks said his aim with the new fund is to give investors access to shares in fast-growing companies that “will be the stars of the stock market in a few years time”.

The new fund has already backed companies including NA-KD, one of Europe's fastest-growing fashion e-commerce companies, set up by entrepreneur Jarno Vanhatapio.[15]

In November 2021, Hambro Perks was named as the sponsor for the first-ever Special-purpose acquisition company to be listed on the London Stock Exchange following changes to the rules required to list the vehicles.[16] [17] The listed company, Hambro Perks Acquisition Company, will be chaired by Sir Anthony Salz, with veteran investor Dominic Shorthouse also joining the board.

In December 2021, the listing of Hambro Perks Acquisition Company (HPAC) was confirmed as having completed.,[18] with co-founder Dominic Perks described by The Times as a 'blazing a trail in London's embryonic market for special purpose acquisition companies'.

In April 2023, Dominic Perks quit his role as Chief Executive with immediate effect.[19] [20] He served as the company's CEO since he co-founded the business in 2013.

See also

References

  1. News: Ford. Jonathan. 16 May 2017. Rupert Hambro fuses old City and tech in 'third career'. Financial Times. 3 March 2021.
  2. Web site: 2019-11-15. Our Companies. 2021-03-17. Hambro Perks.
  3. Web site: 2017-05-11. Influencer marketing startup Takumi lands $4m Series A. 2021-03-17. UKTN (UK Tech News). en-GB.
  4. Web site: EdTech startups Kortext and pi-top join London Stock Exchange ELITE Programme 2018. 2021-03-17. Bdaily Business News. en.
  5. News: Evans. Peter. Q&A with angel investor Dominic Perks. en. The Times. 2021-03-17. 0140-0460.
  6. Web site: 2017-07-05. FinTech startup Previse raises £2m Seed led by Hambro Perks. 2021-03-02. UKTN (UK Tech News). en-GB.
  7. News: Times. The Sunday. City grandee takes AI stake. . en. 2021-03-02. 0140-0460.
  8. Web site: Onita. Laura. 2018-01-30. Muslim dating app Muzmatch raises funds to expand overseas. 2021-03-17. www.standard.co.uk. en.
  9. News: Benstead. Sam. 2021-01-19. Invesco draws line under Woodford legacy with sale. en-GB. The Telegraph. 2021-03-24. 0307-1235.
  10. Web site: Cook. James. 2020-08-17. LoveFilm co-founder backs estate agency start-up in £600,000 funding round. Telegraph. en.
  11. News: Titcomb . James . Rupert Hambro: The banking scion who found a new life as a start-up investor . . 22 April 2017.
  12. News: Hambro Perks hires veteran Burns to lead new media arm . . 2 August 2017 . en.
  13. Web site: London VC Hambro Perks acquires Ombu, a group of seven environmental tech companies. 2021-03-24. Tech.eu. en-GB.
  14. Web site: Hambro Perks swoops for tech bargains in £150m Invesco deal. 2021-03-24. Sky News. en.
  15. Web site: Hambro Perks targets paper millionaires keen to cash in. 2021-10-24. Telegraph. en-GB.
  16. Web site: VC Firm Hambro Perks Eyes First London SPAC Listing Under New Rules. .
  17. Web site: London attracts first Spac after rule change.
  18. Web site: Hambro Perks blazes a trail with London's first Spac. .
  19. News: Martin . Ben . Hambro Perks founder Dominic Perks makes a sudden exit . . en . 2023-04-19 . 0140-0460.
  20. News: 2023-04-18 . Hambro Perks boss abruptly leaves VC firm . Financial Times . 2023-04-19.

External links