Umbra advises, improves
and invests in UK-based
SMEs.

Deals

We help clients achieve their goals by delivering exceptional results.

Hastee

Hastee is revolutionising the way people get paid. Forever.

Hastee is an award-winning employee benefit which empowers employees to receive their earned pay immediately via our mobile app, increasing their choice and financial wellbeing. Workers can choose to receive up to 50% of their gross pay for the work they have completed; it is income smoothing of their earned pay, not a loan. Companies may choose to restrict the availability for their staff to below 50% should they wish/need. Hastee does not charge interest, just a low and simple fee.

Companies profit from the improved recruitment, retention, engagement and productivity of their workforce. This is at no cost to the employer (unless they wish to contribute as a paid benefit) and has no impact to company cash flow (Hastee funds the advances, with the company reimbursing them when they pay their staff as normal).

Giving access to earned pay only, Hastee is a meaningful benefit that can be made available to all staff, including salaried, temporary, variable and gig workers.

hastee.com

£208m

bespoke debt facility and equity investment.

Transaction

Umbra Capital Partners was mandated to arrange a +£100m debt facility for Hastee to allow registered employers to advance their employee's earned pay, on demand.

We ran a competitive process and there was significant interest from debt funds and banks. However, in order achieve maximum flexibility, 100% LTV and minimal dilution, we created a £200m dedicated Hastee debt fund, which entered into a bespoke, flexible revolver credit facility to fund the salary advances. The facility is short duration, insured and secured against payroll receivables. Umbra invested alongside a private bank, families and multi-family offices.

Additionally, we invested a significant minority stake in the business via a combination of own funds and value added members of the Umbra family (with connections to large employers) and rolled the majority of our advisory fees into equity.

We are very excited about the economic and social impact of this transaction and believe every employee should – and will – have access to their earned pay as soon as they earn it, and avoid expensive payday loan providers.

When You Move

When You Move is a tech conveyancer that streamlines home-moving process

When You Move is the UK’s first technology-led conveyancer. It aims to revolutionise the process of buying and selling property, for consumers and industry alike. Its proprietary cloud software platform and mobile app give estate agents, brokers and consumers full visibility of conveyancing status in real time.

whenyoumove.com

PinLocal

PinLocal is a major online lead generator for removal and conveyancing firms.

PinLocal is the UK’s leading lead generation company for live customer leads to businesses. They source thousands of live customer leads every month in a small number of key industries and are the UK’s #1 supplier of leads to removals and conveyancing firms.

pinlocal.com

Transaction

When You Move approached us to provide acquisition financing for their purchase of PinLocal. With deal terms already agreed, they needed a partner who could move quickly and structure a bespoke and flexible facility.

Umbra Capital Partners completed due-diligence and negotiated long-form documentation within six weeks to enable the acquisition to take place in a timely manner. As part of our desire to partner with clients and participate in the upside, we took our arrangement fees as equity and will sit on the board of the combined business going forward.

HotelMap™

HotelMap is simplifying hotel bookings for conference delegates.

HotelMap is a leading technology platform focused on simplifying hotel bookings at the complex end of the market, group bookings and hotel stays for events, conference and trade shows.

They operate in 512 cities worldwide and are used by the world’s largest event organisers, associations and destination management companies. HotelMap customers include: Reed Exhibitions, UBM, Informa, Knect365, Clarion, FT and other organisers such as Cisco, EA Sports and Amazon Web Services.

Over $128bn is spent on hotel bookings for conference attendees every year and HotelMap is the largest platform in the space.

hotelmap.com

#1

delegate hotel booking technology platform in the world

Transaction

We met the founder of HotelMap during their initial capital raising efforts and were so impressed by the quality of the team and their ability to tackle the opportunity that we decided to invest personally in the business.

Following impressive growth, Umbra Capital Partners helped the founder determine a fair valuation for the latest round and introduced the transaction to members of the Umbra family, who invested alongside us and added value by offering their expertise and network. The raise was oversubscribed and Umbra is a significant minority shareholder.

Child & Child

Child & Child is a specialist law firm in wealth, property and dispute resolution.

Founded in 1850, by John Child and Henry Bailey, Child & Child is a specialist law firm with specific expertise in HNW individuals, residential property and dispute resolution.

childandchild.co.uk

Est. 1850

Transaction

Umbra Capital Partners was approached by an equity investor to help structure and arrange a particularly complex MBO under intense time pressure. We structured and arranged a deal to allow five existing partners of the firm to take ownership alongside the external equity investor and ensure incentives are aligned going forward.

We continue to provide support and strategic advisory to the management team and equity investor on an ad-hoc basis.

hearO™

hearO is portable speaker housed in a repurposed championship tennis ball.

Rogue projects is an experimental product design studio founded by Richard Moss. The studio developed hearO in 2016 - a portable speaker housed in a championship tennis ball. They discovered a method to repurpose tennis balls, and in doing so unlock a potential for environmental awareness and upcycling.

The Company sources used championship tennis balls from professional tennis tournaments. Each ball is cut in Northampton, England by weaving innovative and traditional press-cutting techniques. The tennis ball is then pressed over hearO’s custom wireless electronic, creating an icon of reuse and sustainability.

hearospeaker.com

300m

tennis balls are produced each year, equating to 18k tons industrial rubber and felt.

Transaction

Umbra Capital Partners were approached to provide strategic advisory to Rogue projects. Umbra helped develop hearO’s business model and leverage our network to help negotiate exclusive partnerships with the likes of Wilson.

Our mandate provides ongoing, strategic business advice, oversight and governance for Rogue projects. Our advisory fees are rolled into equity and we have aligned with the founders' ambitious plan to build special design projects from the studio.

We are enthusiastic about the social impact space.