Following the successful sale of StaySafe, the leading lone worker solutions provider, to EcoOnline in June 2022, investors from the Macaulay Co-Investment Programme (previously Chelverton Investor Club) have recently received a further payment in respect of the earn-out consideration. This takes the total return on the initial November 2019 investment to c. 3.7x.
Richard Bucknell, Macaulay CIO, commented, “The initial StaySafe exit was a really pleasing result, following a short hold period, and it’s great to see that the business has continued to thrive under the EcoOnline ownership, enhancing the investor return further. It’s proved a fruitful couple of weeks for some of our investors, following hot on the heels of the Qualification Check sale https://www.macaulaycapital.com/macaulay-investors-successfully-exit-qualification-check/ ”.