Scottish Equity Partners (SEP) KEY CORPORATE FACTS / KPIS INVESTOR DESCRIPTION Offices London, Glasgow, Edinburgh Scottish Equity Partners (SEP) backs growth-stage technology businesses across Europe. The company has €1 billion under management and one of the longest and strongest track records in Europe having invested in over 150 technology companies over the last 20 years. The SEP team makes growth equity investments across a range of sectors, with a particular interest in software, internet and tech-enabled service businesses. Active Markets Europe SEP builds value by playing an active and supportive role in the growth and development of portfolio companies. Global travel search business Founded 2000 Skyscanner is one of four SEP investments to have secured an exit of over $1bn in recent years and its current portfolio contains some of Europe’s most exciting and innovative companies including luxury fashion retailer Matchesfashion.com, scientific informatics software provider Dotmatics, cloud contact centre software provider Content Guru, language learning business Babbel, online eyewear retailer Mister Spex and insurance software Employees 45 (of which all in Europe) specialist SSP. Current Fund Size €300m SELECTED PORTFOLIO COMPANIES Use of Debt No More than 1 million customers use Babbel for online language learning and its products cover 8,500 hours of AUM content in 14 languages. Babbel has a team of more than 400 people in Berlin and New York. €1bn Content Guru provides cloud-based contact centre software to large enterprise customers across a diverse range Target Investment Size €10m - €30m of sectors. The business is focussed on international expansion, especially in Asia Pacific having recently signed a large partnership deal with the Japanese technology conglomerate Rakuten. Target Geographies UK, Ireland, Europe Founded in 2005, Dotmatics’ cloud-based informatics software is used by scientific researchers within large pharmaceutical and biotech companies. More than 50% of revenue is generated in the US with ambitious expansion plans in Europe and Asia. Target Sectors Software, internet and tech-enabled services Full Portfolio • www.sep.co.uk/companies/ Investment Style Active Minority positions in B rounds and later will KEY CONTACTS Deal Structures consider Secondary alongside Primary Investment Stuart Paterson • Afounding Partner of SEP, Stuart has been investing in technology Partner companies for over 20 years. He focuses on investment opportunities in Key Investment Criteria Equity for growth stage technology software, internet and digital media. companies (>€10m run-rate revenue) Email: [email protected] • Companies: Babbel, Mister Spex, Peppermint Technology, SportPursuit Website www.sep.co.uk Tim Ankers • Tim focuses on investments in software and consumer internet businesses. Contact Email [email protected] Associate • Companies: Content Guru, Babbel, Mister Spex, Lovecrafts Email: [email protected] Contact Phone +44 207 758 5900 INVESTOR BOOK 91