We are delighted to report the Maven VCTs have exited their investment in award-winning cyber security business, Quorum Cyber, realising an overall money multiple return of 6.5x for VCT shareholders*.
Quorum has been acquired by UK private equity firm Livingbridge. This realisation represents the 16th profitable private company exit for the Maven VCTs since January 2017.
This exit further demonstrates the strong growth potential offered by Maven’s focus on dynamic growth companies in some of the UK’s most exciting sectors.
* The exit multiple is inclusive of a retained minority holding in the business.