Molten Ventures Plc acquires Forward Partners Plc

Goodbody acted as joint financial adviser to Molten Ventures plc on its acquisition of Forward Partners plc

Company
Molten Ventures plc
Transaction
Sector
Activity
Venture Capital
Date
Country
United Kingdom

Goodbody was delighted to act as Joint Financial Adviser on Molten Ventures plc's recommended all-share acquisition of Forward Partners plc in March 2024.

Goodbody advised Molten Ventures Plc (previously named Draper Esprit Plc) on its successful IPO in 2016 and six subsequent equity raises. Molten Ventures Plc is a leading venture capital firm investing in and developing high growth digital technology businesses. Forward Partners Plc was an AIM listed venture capital firm with a portfolio of 43 assets (with a Gross Portfolio Value of £76.9m as at June 2023) including companies with specialisms in AI. It provided Molten Ventures Plc the opportunity to acquire a high quality and well-invested portfolio enabling Molten Ventures Plc to diversify the blend of maturity of its assets and providing a broader pipeline for follow-on investment.