Investment Criteria
Peregrine looks to identify deals, companies and projects that are under-funded, under-developed or often regarded as too risky or early stage for larger investment houses or institutional funds. Peregrine often focuses on projects that are pre-revenue or production and helps to develop this early phase of the company's life cycle. Once the foundations of the company are laid and business structures are sound, a further round of funding may then take place which will bring the company, project, product or science to a stage where a decision will be made as to whether the Company is suited to follow a private path to a post revenue stage of the business cycle or a public path through an Initial Public Offering (stock exchange listing). At this stage of development the public market is willing to invest in junior companies that are on the cusp of revenue creation as the initial business risk has been decreased. Once this stage has been achieved further creation of value can be completed in the public arena.
Peregrine may initially fulfill the role of a venture capitalist and generally will not proceed with a project or transaction unless it leads the investment syndicate in the early financing rounds.
IPeregrine directors maintain an extensive local and overseas investor network that generally looks to co-invest with Peregrine as part of an investment syndicate on a deal by deal basis. This network comprises many leading groups spanning:
- investment banks and stockbroking firms
- institutional investors
- small cap funds
- other venture capital funds
- high net worth individuals/groups
- financial planning groups
- overseas investment groups.
As a specialist firm we concentrate on corporate transactions which are of a certain size and represent a particular stage in a company's development. These can generally be characterised as:
- pre-seed capital
- seed capital (early stage)
- pre-float capital (expansion or mezzanine stage)
- IPO or backdoor listings
- secondary market offerings
- merger or acquisition transactions.
- private equity
As a result of work undertaken the Peregrine team has developed substantial expertise in providing the above services in the following specialist industries/sectors:
- resources exploration/production
- specialist resources
- energy & alternative fuels
- water treatment
- industrial technologies
- telecommunication technologies
- consumer products
- biotechnology
- health care & health services
- medical devices and diagnostics specialist resources.
The above sectors demonstrate Peregrine's expertise in a wide variety of market segments. Each segment requires an intimate knowledge and holds its own potential pitfalls that need to be averted in order to achieve a successful outcome. Peregrine possesses the tools for this to happen and continues to maintain very strong relationships within each of these markets. Our aim is to assist Australian companies grow and become major contributors within their respective market.