Jenson Seed EIS fund
Press release 06/01/2014
Elite Filtration Systems– Investment for Jenson Seed EIS Fund
We are pleased to announce the investment by the Jenson Seed EIS Fund into Elite Filtration Systems, (‘Elite Filtration’). Elite Filtration will manufacture and distribute a new and innovative design of water filtration system called Bio-Qube.
This is based around the development and use of ORBS (Oxygen Reactive Biological Spheres), a new generation of patented water filter media. Initially designed for the koi carp market, the system can be used in any type of fish pond, and also be adapted for use in any environment using large volumes of clean water, such as swimming pools.
The Business was founded by inventor Tony Yellen, who has 30 years of business experience of which the past 10 years has been as owner manager of a successful Koi Carp Dealer, The Koi Warehouse, which is one of Wales’ premier Koi Carp specialists/retail outlets. His knowledge and network are key assets for this Business.
With a focus on the pond and pool market, the Company’s mandate is to become the leading producer and supplier of biological filtration devices.
Notes to editors:
The Jenson Seed EIS Fund is an exciting joint venture between the professional services firm Jenson Solutions and the fund manager Foresight Group. Further information about Seed EIS and the Jenson Seed EIS Fund is available by contacting us on 020 7873 2122 or SEIS@jensonsolutions.com or, alternatively, look at the website at www.jensonseedeis.com.
About Foresight Group
Foresight is an independent infrastructure and private equity investment manager, which focuses primarily on investments in unquoted UK and European companies or projects and offers investors exclusive access to attractive income and growth opportunities. Foresight has in excess of £1 billion assets under management across a number of funds, including Limited Partnerships, Enterprise Investment Schemes (EISs) and Venture Capital Trusts (VCTs)
Since 2001 the partners of Jenson Solutions have provided numerous companies with financial and operational support to help them grow and develop, with the aim of taking them from where they are today to where they want to be. Jenson provide high quality services such as portfolio and interim finance professionals, mergers and acquisitions advice, corporate finance advice, share option set up, share option valuations, IFRS conversions and accounting and financial modelling services to companies both large and small. A key focus of Jenson Solutions has been to support small businesses from start up through their life cycle. When the government announced their plans for the Seed Enterprise Investment Scheme (‘Seed EIS’), we saw an opportunity to work with Foresight to create a fund enabling us to support many of the businesses that we work with and would like to work with in the future.