News blog
Marechale Capital
- BY: Andrew Hore |
- POSTED: 30/07/2017 |
Corporate finance adviser Marechale Capital generated revenues of more than £1m in the 13 months to April 2017.
Higher staff costs meant that Marechale continued to be loss-making. The value of Marechale’s 25% stake in Northfield UK Solar has been halved to £77,000 but there were gains on investments in client companies of £65,000.
Marechale has advised on a number of food and drink deals and its Odexia Consumer Brand Fund, which is focused on EIS eligible food, drink and cosmetic brands, has completed four investments.
A capital reorganisation since the balance sheet date means that Marechale has distributable reserves.
The shares are trading at 1.25p.
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