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North American Public Equity Markets Transactions
Sydney, Singapore, Vancouver, Toronto
MillhouseIAG banked CHK Wireless Technologies Inc., (now Gridsense Inc.) with a private placement, capitalisation planning, Offer Documentation preparation and an Initial Public Offering on the Canadian Venture Exchange (now TSX Venture Exchange). Founders increased their IRR from 19.5% p.a. to over 30% p.a. whilst incoming investors were able to achieve approximately 60% p.a. The first round capital was provided by MIAG, employees, and friends of the Founder. Second round capital came largely from Canada, with later placements from the US, Switzerland and Singapore.
Gridsense Inc. was the first Australian company to conduct an IPO on the TSX Venture Exchange.
Upper Hunter Valley, NSW
MillhouseIAG banked Yarraman Estate Pty Ltd, a successful reverse merger with a publicly listed US company. The transaction provided Yarraman Estate Pty Ltd with four primary outcomes:
- New equity capital
- Liquidity for their existing shareholders
- Exit and ongoing capitalisation opportunities through the migration opportunities onto senior public trading exchanges within the United States. E.g NASDAQ, AMEX, NYSE
- Presence in the United States market
- Distribution and marketing opportunities
- International reach and scope
As part of this transaction Yarraman Winery Inc. raised significant new equity capital and is capitalised at US$50 million on a public trading exchange in the United States.
Capital Raisings and Investment Facilitation Outcomes
As a part of the MillhouseIAG Group, Corporation Builders and enterpriseangels have been instrumental in assisting emerging growth companies to access and raise capital for their business. Since 1994, Corporation Builders has assisted more than 7,500 companies to raise over A$500million in equity and debt, with enterpriseangels providing a more structured early-stage platform since 2000.
Since then, the two have worked closely together to create numerous successful capital raisings. Below is a selection of more recent equity and debt capital raisings that can be attributed to Corporation Builders and enterpriseangels.
- APAD Systems Pty Ltd - $1,500,000
- EcoFibre Industries Textiles - $100,000
- GoBookings - $200,000
- GecOz Pty Ltd - $40,000
- Interax - $75,000
- Kingfisher Unmanned Aviation - $750,000
- NuPlant Ltd - $250,000
- Rees Equipment Pty Ltd - $50,000
- Rotec Design Ltd - $140,000
- Spirit House - $300,000
- Toto Solutions Pty Ltd - $60,000
- Warrego Wines - $50,000
Investor Access
In addition to these capital raisings, a number of companies that have come through the combined Corporation Builders & enterpriseangels Investor Access process have had successful capital raising outcomes. Many have provided us with testimonials, of which a select few are below. Also included below is Investor Access's track record since inception, comparing it against other ways of raising capital.
"I would heartily recommend that anyone building or substantially growing any enterprise should complete Investor Access. I believe it has been the single biggest success factor in the growth and success of our company. I am so grateful that someone has had the forethought to put a process like Investor Access together for the development of the business community. Well Done!" - Steve Wilson, Chairman, Dean Wilson Aviation.
"Investor Access provided an extremely high level of education and information to enable our company to fully understand the capital raising process, as well as preparing the whole business for future growth. Investor Access and associated networks as a whole have assisted us in raising capital and identifying new future sources. By applying techniques taught during the process, Rotec recently received a Texas New Technology R&D grant to the value of US$350,000." - Robert Rutherford, Managing Director, Rotec Design.
"We had a business plan drafted by consultants that we thought was great, but after completing Investor Access we now realise how inadequate it really was. The education and tools provided at the course are invaluable and has enabled us to build our new Business and Capitalisation Plans from the ground up. The Board of Directors regards Investor Access as an investment not expenditure." - Bob Burnell, Managing Director, Hothold Solutions.
"As a direct result of Investor Access, its program partners and networks, ICOMMS has received three rounds of funding, amounting to a total of $550,000. This has allowed my business to consolidate our growth plans, and to leverage further tranches of investment. We found this process to be extremely useful in allowing my company to understand the requirements of investors and capital providers when seeking funds to grow my business." - Mark Leckenby, General Manager, ICOMMS.
| How? | Success Rate |
|---|---|
| Companies pitching directly to Venture Capital Funds without Investor Access* | 0.12%* |
| Investor Access companies pitching directly to Venture Capital Funds | 14% |
| Investor Access companies pitching to Business Angels through enterpriseangels | 36% |
| Overall total of Investor Access companies successfully raising capital | 79% |
*Sourced from the Australian Bureau of Statistics.
(Please note that past performance is not necessarily indicitive of future performances.)
General Advice Warning
The advice contained on this website is general advice. It has been prepared without taking account of any person's objectives, financial situation or needs and because of that, any person should, before acting on the advice, consider the appropriateness of the advice, having regard to the client's objectives, financial situation and needs. If the advice relates to the acquisition or possible acquisition, of a particular financial product - the client should obtain a Product Disclosure Statement relating to the product and consider the Statement before making any decision about whether to acquire the product.