Maven Capital Partners expands EIS offering with acquisition of Newable Ventures

Newable is part of the Newable Capital Group and has £12m in assets under management. The acquisition will boost Maven's plans to expand its activities into direct Enterprise Investment Scheme investments. Autumn Statement 23: VCT and EIS sunset clauses extended by a decade In a stock exchange notice today (1 December), Mattioli Woods said the deal represented a "strategic milestone" for Maven by providing emerging businesses with an additional way to access capital, as well as a tax-efficient avenue for clients to invest in smaller UK companies with high growth potential. Bill Nix...