BROCHURE REQUEST
IW Capital IW Capital
  • Home
  • About us
  • For Investors
  • For Financial Advisers
  • For Companies
  • Blogs
  • Contact Us
BROCHURE REQUEST
IW Capital

IW Capital announces investment in PlayMoreGolf

17th April 2019
IW Capital announces investment in PlayMoreGolf

IW Capital has invested £1m in PlayMoreGolf, which links individual golf clubs across the United Kingdom under one membership. This allows golfers who may not be able to justify the cost of full individual membership more choice, more value, more flexibility and more benefits.

The funding provides a major boost to a well-established UK company to help expand its international scalability. We are thrilled to be able to help PlayMoreGolf take the next step in their growth through our EIS qualifying equity offering.

The EIS qualifying investment of £1m will be used to accelerate growth through the recruitment of additional staff. The golfing sector has seen a decline in the number of full time golf club members for a number of years. Being a member of a golf club is expensive, and also being attached to one specific club restricts members from playing on a variety of courses.

The PlayMoreGolf membership scheme enables golf clubs to attract new members and also provide additional revenues; they rarely have the infrastructure or resources to launch and maintain flexible membership products together.

At completion, the company had over 140 client golf clubs and approaching 4,000 playing members. This number is forecast to grow to over 500 clubs and 35,000 members. We are looking forward to the exciting growth prospects in future and the potential international scalability of the company. The team are now targeting international expansion in Europe’s key golfing countries, including Germany, Sweden, France, Netherlands and Spain. This focus will then move to markets further afield such as Australia.

IW Capital is keen to help SMEs that need assistance to plan for the future and find the right kind of investment in order to help them reach the next level.

Archive

  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020

Related Posts

Over half of UK SMEs prioritise green energy for the rest of 2022

Over half of UK SMEs prioritise green energy for the rest of 2022

Levelling up: Small businesses use technology to overcome challenges

Levelling up: Small businesses use technology to overcome challenges

Investment announcement: We’re investing £8.7m in Rockwater Sandbanks & Branksome Ltd

Investment announcement: We’re investing £8.7m in Rockwater Sandbanks & Branksome Ltd

Consumer support reduces the risk of small business failure

Consumer support reduces the risk of small business failure

ADDRESS: IW Capital Ltd, 42 Bruton Place, London, W1J 6PA | TELEPHONE: +44(0)20 7015 2250 | EMAIL: info@iwcapital.co.uk

© 2022 IW Capital Ltd | T&Cs | Privacy Notice | Privacy Policy | Cookie Policy

IW Capital Ltd is an appointed representative of Bramdean Asset Management LLP, which is authorised and regulated in England by the Financial Conduct Authority under registration number: 410624.

IW Capital Ltd, 42 Bruton Place, London, W1J 6PA
+44(0)20 7015 2250
info@iwcapital.co.uk

© 2022 IW Capital Ltd | T&Cs | Privacy Notice | Privacy Policy | Cookie Policy

IW Capital Ltd is an appointed representative of Bramdean Asset Management LLP, which is authorised and regulated in England by the Financial Conduct Authority under registration number: 410624.

Copy