Investments
38Portfolio Exits
11About LMS Capital
LMS Capital plc is an international investment company with a 30 year history of successful investing but now with a new team. Current investments are in the UK and US in the consumer, energy & utilities and applied technology, software & services industries. With anticipated strong near term cash flows based on input from the portfolio of investments over the next 5-6 years, LMS is actively seeking new direct investment opportunities in profitable and growing businesses where it partners with experienced managers to create value.As evidenced by recent acquisitions LMS is demonstrating it is a partner of choice to experienced entrepreneurs.

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Latest LMS Capital News
Mar 20, 2023
03/20/2023 | 05:56am EDT Message : *Required fields (Alliance News) - LMS Capital PLC on Monday said net asset value fell on an annual basis, as it swung to a net investments loss from a gain a year before, while it declared an unchanged annual dividend. The London-based investment company said NAV per share at December 31 fell 5.1% to 57.7 pence each from 60.8p a year earlier. Shares in LMS Capital were flat at 24.23p each in London on Monday morning. Across 2022, it swung to a net investments loss of GBP224,000 from a gain of GBP3.8 million in 2021. LMS Capital said it declared a final dividend of 0.625p each to shareholders, taking the total 2022 dividend to 0.925p, unchanged from 2021. "Although delayed in its execution, we are pleased to see Dacian's first year of operation successfully behind it and now look forward to the delivery of the business plan delivering growth in production levels through the extension of life of its portfolio of production assets," said Chair Robert Rayne, referring to Romanian oil and gas company Dacian, which LMS Capital invested USD9.1 million into in 2021. Looking ahead, LMS Capital said its three priorities were to "bring to fruition the work that has been undertaken, particularly with our real estate teams, to deploy new capital from our own balance sheet in conjunction with our co-investors"; to support the Dacian team as it enters its second year of operarion with "an emphasis on its workover program to increase production"; and to continue to manage its mature asset portfolio to optimise realisation proceeds. "As we enter 2023, we are focused on bringing forward the real estate opportunities in our current pipeline and expanding our energy portfolio," Rayne added. By Greg Rosenvinge, Alliance News reporter
LMS Capital Investments
38 Investments
LMS Capital has made 38 investments. Their latest investment was in Penguin Computing as part of their Series D on April 4, 2011.

LMS Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/20/2011 | Series D | Penguin Computing | $1M | No | ||
8/12/2008 | Series B | Eye-Fi | $11M | Yes | ||
7/15/2005 | Debt | AssetHouse | $1.57M | No | 1 | |
10/25/2004 | Series E | |||||
8/16/2004 | Unattributed VC - II |
Date | 4/20/2011 | 8/12/2008 | 7/15/2005 | 10/25/2004 | 8/16/2004 |
---|---|---|---|---|---|
Round | Series D | Series B | Debt | Series E | Unattributed VC - II |
Company | Penguin Computing | Eye-Fi | AssetHouse | ||
Amount | $1M | $11M | $1.57M | ||
New? | No | Yes | No | ||
Co-Investors | |||||
Sources | 1 |
LMS Capital Portfolio Exits
11 Portfolio Exits
LMS Capital has 11 portfolio exits. Their latest portfolio exit was Entuity on August 06, 2019.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
8/6/2019 | Acquired | 2 | |||
6/20/2016 | Acquired | 1 | |||
5/1/2014 | Acquired | Undisclosed Investors | |||
Date | 8/6/2019 | 6/20/2016 | 5/1/2014 | ||
---|---|---|---|---|---|
Exit | Acquired | Acquired | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | Undisclosed Investors | ||||
Sources | 2 | 1 |
LMS Capital Acquisitions
5 Acquisitions
LMS Capital acquired 5 companies. Their latest acquisition was Updata UK on July 13, 2009.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
7/13/2009 | Leveraged Buyout | 1 | ||||
10/24/2007 | ||||||
6/18/2003 | ||||||
4/2/2003 | Private Equity | |||||
11/15/2002 | Other Venture Capital |
Date | 7/13/2009 | 10/24/2007 | 6/18/2003 | 4/2/2003 | 11/15/2002 |
---|---|---|---|---|---|
Investment Stage | Private Equity | Other Venture Capital | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Leveraged Buyout | ||||
Sources | 1 |
LMS Capital Team
6 Team Members
LMS Capital has 6 team members, including current Chief Financial Officer, Tony Sweet.
Name | Work History | Title | Status |
---|---|---|---|
Tony Sweet | Chief Financial Officer | Current | |
Name | Tony Sweet | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Financial Officer | ||||
Status | Current |