Octopus… keeps its cool

RSM provided financial due diligence to Octopus Investments on their investment in Spiralite Holdings Limited.

The client

Octopus is a fast growing UK fund management business. Their Ventures team invests between £250,000 and £5m to support early-stage businesses, becoming actively involved to help them create, transform or dominate their industries.

RSM provided financial due diligence to Octopus on their investment in Spiralite. This is the company’s first ever institutional funding and the completion of this £3.1m transaction brings the number of companies that Octopus has invested in to almost 60.

An organic, non-metal pre-insulated material, Spiralite’s technology is used to create ducts for delivering heating, ventilation and air conditioning in domestic, commercial and industrial buildings. More energy efficient than traditional metal, Spiralite’s patented technology has already been used by M&S and Guy’s and St Thomas’ Hospital.

What RSM did

RSM provided financial due diligence to Octopus Investments on their investment in Spiralite Holdings Limited.

Testimonial

'We were very happy to have chosen RSM to help us with the financial due diligence for our investment into Spiralite. Their knowledge of the space and ability to leverage broad expertise within the firm acted as a key differentiator. Their hard work helped give us the comfort we needed to achieve a successful completion.'

Jane Vinson, Portfolio Director,Octopus Investments Ltd

For more information or to discuss your requirements in further detail, please get in touch.