Core questions for our investments
Pemberton focuses only on businesses that operate in a profitable niche with a sustainable competitive position.
Pemberton invests in businesses with defensible qualities, including real or other tangible assets, intangible assets that have value notwithstanding the distress (such as established brands or protected intellectual property), a market niche or one or more relatively robust core operations.
Pemberton focuses on businesses that are financially, rather than operationally or commercially, distressed, where appropriately targeted investment allied with financial restructuring can eliminate the distress without any fundamental change in strategy or operations. Pemberton focuses on businesses which are profitable or which have recently been profitable.
In addition to the partners’ expertise, Pemberton Capital retains an executive panel of senior business people, who assist with commercial due diligence and where necessary, ongoing involvement with the business. This allows us a high degree of oversight in the business and provides the opportunity for our own team to add shareholder value. Because we only take majority stakes, we ensure that we always have the ability to make the changes we think are required.
We avoid deals which involve having to pay full market value in a competitive auction process. Instead, Pemberton seeks to invest where it can acquire a viable business at a discount to intrinsic value, often as a result of some temporary financial distress. In particular, the UK’s insolvency regime provides investors with the opportunity to acquire the business of an insolvent company debt free, in an accelerated sale. Our knowledge of the UK insolvency market gives Pemberton privileged access to deals of this nature.
Learn more about our various investments