Equity Plus Limited is delighted to announce another successful values-led deal for its Social Enterprise Angel Network (SEAN). Angel, James Cashmore, formerly a director of Homeserve plc, has put in both cash and committed to a day a week for the next 6 months to take social business Contact4me to the next level.

 

“Within a short space of time, Equity Plus was able to source an angel with the perfect fit for us and with the exact industry expertise required. We were not able to achieve this using other business angel organisations. We are very happy with this outcome” said Steven Salik, Director Contact4me Ltd.

 

Contact4me was born out of the founders experience of having a close relative caught up in the 7/7 attacks on London and has been endorsed by numerous health agencies as the best way to help the emergency services get in touch with next of kin in an emergency. Contact4me manage an online database of 10 contacts for each subscriber including their doctor’s details. Whilst many of us pretend that we’re invincible there are many vulnerable people who are desperate for a service like this, not to mention the savings to the tax payer that is offered by having access to a comprehensive list of contacts for those caught in an emergency.

 

“The real value of Equity Plus is not just about the amount of money that is invested, but that we were able to match someone with the right skills, contacts and values with a business that needs to grow” said Equity Plus Director, Chris Carr

 

Equity Plus Limited is a joint venture between Celarben Ventures Limited (a corporate finance specialist), Community Innovation (UK) Limited (a social enterprise consultancy) and Resonance Limited (a social finance intermediary focused on property).

 

Equity Plus and its joint venture owners have introduced 45 investors to 18 social enterprises in the last 2 and half years. The value of these introductions has been over £7m with over £1,4m of cash has changing hands to date.

 

For more information on this specific deal contact Chris Carr on 0845 527 9227 / 07836 669555 or Steven Salik on 0870 3892299

 

For more information on Equity Plus and values led investing contact Daniel Brewer on 0845 527 9204 / 07956 557485 or Chris Carr on 0845 527 9227 / 07836 669555