Tern offers UK investors an interesting and “different” proposition. Acting as an AIM-listed investor in private-equity style deals, the business provides its shareholders with a diversified way to gain exposure to a broad range of IoT-related assets. The group benefits from a very well-connected North American presence, an effective UK platform to locate and execute transactions, and a number of exciting investments already in place. H1 results published this week demonstrated a modest ongoing improvement in NAV, and the group continuing to deliver on its strategic plans.
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Tern PLC (TERN:LON) | 2.6 0 (-7.1%) | Mkt Cap: 11.1m
- Published:
27 Sep 2019 -
Author:
Gareth Evans -
Pages:
28
Tern offers UK investors an interesting and “different” proposition. Acting as an AIM-listed investor in private-equity style deals, the business provides its shareholders with a diversified way to gain exposure to a broad range of IoT-related assets. The group benefits from a very well-connected North American presence, an effective UK platform to locate and execute transactions, and a number of exciting investments already in place. H1 results published this week demonstrated a modest ongoing improvement in NAV, and the group continuing to deliver on its strategic plans.