Stanford Capital Partners

British Honey Company Limited

The British Honey Company has announced the acquisition of Union Distillers Limited, creating the opportunity to transform its offering with the addition of a well-known brand, increased scale and market presence. The combination provides the basis for BHC to establish its position in the UK as both producer and distributor.

AdEPT Technology Group Plc

For the six months to 30 September 2019 (H1 FY20) AdEPT Technology Group reported Revenue +26.4%YoY to £30.8m inclusive of acquisitions, with organic growth of +2.5%YoY. Fixed Line Communications comprised 18.5% (£5.7m), -10.7%YoY, whilst Managed Services grew 39.5%YoY to £25.1m inclusive of the acquisition of Advanced Computer Systems UK Ltd. (ACS) to reach 81.5% of revenue; underlying organic growth was 7.9%YoY. EBITDA (adj.) of £6.1m grew 18.3%YoY; a 19.8% margin. The interim dividend was 5.1p/share (H119: 4.9p) +4%YoY. Period-end senior net debt was £31.5m (FY19: £27.1m) 2.6x EBITDA (FY19: 2.5x), with cash at £4.6m.

The Reputation Exchange (REPX) is social media platform which enables the monetisation of digital retail products based on the reputation of celebrities through interaction with fans. Its offering comprises two platforms: ▪ The Friendship Platform, which offers: (i) BeFriend, a social celebrity interaction app; and (ii) PayFAN/FUN a celebrity-based prepaid/credit card; ▪ The Reputation Market, comprising: (i) a Digital Identity app (RORKEY); (ii) an online reputation register (ROR) underpinned by blockchain technology; and (iii) a platform for trading the value of reputation (Passion Trading).

Ananda Developments Plc

Ananda Developments was formed to take advantage of the rapidly growing market for medicinal cannabis and cannabis derived products including, but not limited to, nutraceuticals, dietary supplements and cosmetic products, initially targeting the UK, Europe and Israel. As part of is strategy Ananda has gained access to scientific and product expertise through two initial investments - in Israel (iCAN) and in the UK (Liberty Herbal Technologies).

AdEPT Technology Group Plc

AdEPT Technology is a communications and IT managed services provider to mid-sized enterprises in the UK healthcare, education and public sectors.