(1888PressRelease)
December 06, 2008 - Speculation has grown lately, due largely to unsubstantiated rumors on investments forums, that Bradley Hill Holdings were the subject of a possible bidding war; reportedly involving two or more global finance houses, which could have seen the company’s private investors take some handsome profits off the table.
However, in an email to their Clients and Investors yesterday, Bradley Hill Holdings stated definitively that whilst they “could not deny that their successes had naturally alerted the Financial Powerhouses of their intrinsic value”; a natural precursor to M&A chatter, “The founding partners at Bradley Hill Holdings, would like to assure all our Clients, Partners and Investors alike, that we believe our strength comes from the expertise of our people and our ability to react with speed and agility to ever-changing trends and opportunities. This is what has always given us the edge and we have no intention of diluting that core strength by falling under the remit of a larger, inevitably more cumbersome and impersonal organization.”
Samantha Presaude, a Senior Partner at Bradley Hill, also addressed a group of VC top brass at a luncheon in Hong Kong earlier this week. Regarding the rumors, she said flatly “The idea is nothing but idle speculation. The prospect of our investors filling their pockets with profit-taking from a bidding war may seem to hold water to the certain sections of the press, but we at Bradley Hill know that many of our investors have been with us since day one and have absolutely no intention of taking their cash off the table”.
Bradley Hill have recently been linked with a number of innovative startups in the Biotech and Life Sciences fields, several of whom are believed to be initiating or in the process of federal patent approvals – a move which signals more large profits for the firm are looming.
###
