HMT Blog

Our latest news, deals announcements, tips and insights from the market.

/HMT News Blog/

Coniq raises fundings

2020-01-20T11:20:35+00:00January 20th, 2020|

HMT LLP undertook financial due diligence for Guinness Asset Management and Maven Capital Partners on their investment in all-in-one marketing platform Coniq.

MBO of Pet Mate

2020-01-16T09:06:05+00:00January 16th, 2020|

HMT LLP advised Ethos Partners on the management buyout of UK based designer and manufacturer of pet products, Pet Mate Ltd.

Biotherapy Services raises funding from Foresight Group

2019-11-12T12:40:29+00:00November 13th, 2019|

HMT, led by Partner James Thomas advised specialist pharmaceutical biotech company Biotherapy Services Ltd on their Series A fundraising. Foresight VCT invested £3 million to support the growth of the business supplemented by further investment from existing and new private investors.

Entrepreneurs’ Tax Relief – The End?

2019-11-11T16:36:31+00:00November 11th, 2019|

Entrepreneurs' Relief (ER), first introduced in 2008, currently allows qualifying business owners to pay a reduced rate of Capital Gains Tax (CGT) of 10% (compared to 20% for higher rate tax payers) on business disposals up to a lifetime allowance of £10m. But ER is in danger as Sir Edward Troup, the former head of HM Revenue and Customs, says that “Eentrepreneurs' Relief costs the country £2bn in lost tax revenues per annum and adds nothing to entrepreneurship."