Onside | Page 14

ONSIDE / INTERVIEW SENECA SUPPORTS BUSINESS Nick Leitch explains what’s special about how the Seneca team source new opportunities to back business. Interview by Michael Taylor What’s special about how Seneca operates? Aside from targeting opportunities that present attractive returns, the key common factor is the number of ‘off market’ opportunities we are introduced to from our networks. Seneca are able to support a broad range of transactions to small and medium sized enterprises (SME), either Management Buyouts (MBOs), Management Buyins (MBIs), partial or full exits, refinancing opportunities, 14 turnarounds and the provision of growth capital. It’s a market where we have a strong brand and a highly respected team. Few transactions are straightforward therefore our introducers want to work with a team that have the expertise and can deliver. As a result we also seek to avoid auction processes and the related risk of inflated entry valuations for investments.