Heliad aims to invest in market-leading private companies and skilled entrepreneurs across sectors and regions to power their next phase of growth. It acts as a gateway to public equity markets by leveraging its experienced team and strategic partners.
Investment Companies |
Initiation
Investment Companies |
Update
Investment Companies |
Update
Investment Companies |
Update
% | 1M | 3M | 12M |
---|---|---|---|
Actual | 15.6 | 10.5 | (1.0) |
Relative | 10.4 | (0.2) | (16.5) |
52 week high/low | €13.7/€8.6 |
Heliad Equity Partners (HEP) and FinLab completed their merger in Q423. Heliad, the new combined entity, has seen positive developments across its three largest holdings recently. flatexDEGIRO, while still affected by the low trading activity across the market, in Q323 generated its highest quarterly EBITDA since the meme stock hype in 2021. Raisin has shown sustained strong growth in assets under management (AUM) and last year crossed the €50bn mark. Finally, Enpal more than doubled its revenue to €900m in 2023. All three are profitable and the value of Heliad’s stakes in these companies more than covers its current market cap and net liabilities. Heliad recently invested in AI21 Labs, which develops proprietary text-generating AI technology. Heliad’s shares are now available at a 48% discount to the last reported NAV.