Leave your business in safe hands
Would you like to preserve your life's work? Or be part of its future success?
Would you like to preserve your life's work? Or be part of its future success?
Progression Capital is a team of well-rounded entrepreneurs, mentored by experienced investors and operators, focused on acquiring one good business in the UK, with the objective of turning this business into an industry leader.
We understand that selling a business is more than just a transaction for the founder(s), therefore once acquired, we will deliver long-term growth by joining in the day-to-day management of the business, nurturing its values, core strengths, and further maximising its potential through expansion, increased efficiencies, digital transformation and any other means necessary.
Financials
Annual revenues over £7.5 million
Annual EBITDA over £1.5 million
Cash flow positive
High recurring revenue
Business
Private and concentrated ownership
Motivated sellers
High operating leverage
Business to business services
Industry
High organic growth potential
Large, fragmented industry
Non-commoditized product or service offering
Our advisers and investors have decades of leadership and investment experience in a variety of industries. They have a track record of adding exceptional value to businesses globally.
Progression Capital is a partnered Search Fund led by two partners, Murtaza Khan & Asad Jafri, both MBAs from University of Cambridge Judge Business School.
Murtaza Khan
Murtaza comes from a family of entrepreneurs with his siblings running sizable businesses in digital healthcare, construction and renewables in Middle East, Asia and North America. He started his career founding a tech startup and has over 19 years of professional experience. A significant proportion of this experience is selling to large enterprises within the technology industry. Some of his key wins were the most lucrative deals for his employers. As a senior executive in large technology companies he has managed global services sales, product and engineering teams. He has bachelors in Electronics Engg, MSc. in Data Communication Systems, and an Executive MBA from University of Cambridge.
Asad Jafri
Asad has over 10 years of experience, working in strategy with management consultancies, private equity firms and startups. He has worked with a diverse set of clients in multiple sectors on engagements ranging from innovative strategy development to designing and delivering end-to-end business transformation projects. He is currently providing strategy consulting within the healthcare industry. An experienced entrepreneur, He has used his engineering background to successfully build and run innovative tech start-ups. He has bachelors and masters in Mechatronics and MBA from Cambridge Judge Business School.
We bring a cohort of experienced investors with decades of leadership experience in a variety of industries. We are your partner of choice if you want to preserve values and culture of your life's work.
Post-Transaction commitment
Company Legacy
Value Creation
Owner’s Future
Employees’ Future
Source of Capital
Deal Terms
Time Horizon
Sole focus and complete dedication
Preserved and valued
Long-term, sustainable growth
Flexible and tailored to the seller
Remain critical to company's operations
Experienced entrepreneurs and investors
Flexible and tailored to the seller’s needs
Long-term
No clarity
Uncertain
Cost-cutting and financial engineering
Typically a full commitment or exit
High risk of job cuts
Very large institutions
Typically strict, standard deal terms
3-5 years
We are eager to speak with sellers, brokers or other intermediaries representing businesses meeting our investment criteria listed above.
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