Scale-up Insights

Heads of Terms for Scale-up Businesses

Episode Summary

Heads of Terms are a key part of any investment deal and something that you’ll want to make sure you get right from the start. Listen to this episode to find out why this document is so useful and what you need to think about as you negotiate yours.

Episode Notes

Welcome to the second in our Scale Up Insights series of podcasts. In the last episode we looked at the different sources of funding and tax reliefs available for high growth businesses and today we look at the next stage, agreeing Heads of Terms as you prepare to raise capital for growth.

In this episode Nina Searle and Andrew Jennings are joined by Charlie Robinson, Partner at YFM Equity Partners to take a detailed look at everything you need to know about Heads of Terms and why they are so important when seeking funding from a third party investor.

“The simplest way of talking about Heads of Terms is to is to say that they're effectively an agreement to agree”

In this conversation you’ll learn:

As well as going into detail on the topics above, the panel answer some of the most commonly asked questions on Heads of Terms and share some cautionary tales to help you avoid the pitfalls that may catch you if you’re not properly prepared.

Whatever your business goals, this series will give you the insights you need to stay on course to achieve them.

If you are interested in private equity investment, you can find out more at YFM Equity Partners, and you can reach Charlie via LinkedIn.

And if you have any questions about anything we discuss in the show, please get in touch at scaleupinsights@tltsolicitors.com or visit us at tltsolicitors.com.

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