Scalare Partners Holdings Limited

Company Overview

Scalare Partners was founded in 2020 by its three founders who are all still active in the business. Scalare Partners invests in and provides services to early-stage technology companies and their founders to create and develop successful technology businesses. Scalare Partner’s revenue comes from a mixture of fee-based service revenue and investment returns from its investment portfolio of early-stage tech businesses.

Scalare Partners is currently invested in 27 companies with its investment portfolio valued at circa $10 million.

Income for FY24 was up 64% from the previous year to $3.2m.

Investment Highlights

RTO-Listing via Candy Club Holdings Ltd.
Associated capital-raising of $8 million via the issue of 32,000,000 shares at $0.25/share.
A unique business model in the Australian start-up ecosystem.
Revenue growth of 64% per annum in FY2024.
An incentivised, experienced board and management
Tech Ready Women acquisition to provide a platform for growth.
An outstanding investment portfolio valued at over $10 million.
Leverage to technology start-ups.

Proposed Transaction

IPO Capital Raising of $8 million via the issue of new shares in the Company. ($4 million minimum).

Use of funds

USE OF FUNDS	$AUD
Establish USA Office	500,000
Tech Ready Women Growth	200,000
Internal tech development	500,000
Investments in new and existing portfolio companies	2,400,000
Costs of Offer	705,000
Working Capital	3,695,000
Total	8,000,000

Timetable

TIMETABLE	DATE
Lodgement of the Supplementary Prospectus	25 September 2024
Offer closes	25 October 2024
Issue and allotment of Shares under Offer	31 October 2024
Expected date for dispatch of holding statements	4 November 2024
Expected date of Trading of Shares on ASX (on a normal settlement basis)	11 November 2024