MMC Ventures, GP Bullhound Sidecar, Private Investors
About the Client
Interactive Investor offers individuals information and technology to manage their own investments through two channels; online, through Interactive Investor (www.iii.co.uk) and Shareprice.co.uk and offline, through the financial magazines Moneywise and Money Observer.
About the Deal
This was the second deal GP Bullhound completed for Interactive Investor and involved investment from MMC Ventures and GP Bullhound Sidecar.
Interactive Investor’s Founder and CEO, Tomas Carruthers, commented: “We have worked closely with GP Bullhound over the last few years as our business has grown and our need for capital has evolved. They have a true understanding of the internet and personal finance sector, helped in no small part by their team and office in San Francisco. In our experience, they have a network of financial and strategic contacts which is first class.”