Frost Brooks Completes Significant Capital Investment for the World's Leading Online Provider of Business Valuations BizEquity

LONDON, October 10, 2014 /PRNewswire/ --

New financing will help support BizEquity's international expansion plans including a full UK launch early in 2015 

Frost Brooks, the boutique private equity firm co-founded by Miles Frost, formerly of LDC and Peter Brooks, former CEO of Sovereign Capital, has completed its second deal with a significant capital investment for BizEquity, the world's leading online provider of business valuation services.

The new investment included commitments from Frost Brooks' founders and also from the firm's high-calibre network of limited partners made up of powerful family offices and HNW individuals, including Sir Victor Blank, Baron Davies of Abersoch, Herbert Siegel, Sir John Peace and Ben Goldsmith. 

It will help US-based BizEquity, which already has a presence in London and Singapore, to accelerate its expansion strategy, which includes a full UK launch in first quarter 2015 followed by planned roll out across Europe, Asia Pacific and North Africa. The market opportunity is significant: there are some 200 million businesses globally and less than 2% value themselves annually largely due to the time and cost constraints.

BizEquity has created the first and leading online business valuation platform, Valuation as a Service (VaaS), and has valued more than 27 million businesses, with a range of turnovers between £50,000 and £200 million worldwide.

BizEquity was founded by Michael Carter in 2010.  Carter, a former venture capitalist, conceived the idea with the support of a leading financial institution and leaders in the accounting, finance, venture capital, and technology arena. 

Miles Frost, Managing Partner of Frost Brooks, commented: 

"BizEquity is a fantastic business with a globally scalable disruptive technology that has already been tried and thoroughly tested in the US market where its platform has valued over 27 million businesses. Our capital raising will help accelerate the firm's international expansion and make its unique platform available to an increasingly global client base of businesses."

Michael M. Carter, CEO of BizEquity, commented: 

"We very much look forward to working with Frost Brooks to help further enhance our services and support the company's international expansion. The group of investors the firm has assembled include some of the most powerful names in British business and they will undoubtedly add significant value and help reinforce our position as the world's leading cloud-based business valuation service."

Please contact: Morgan Rossiter, T: +44(0)203-195-3240