For investors
Fair returns from companies built to last.
How do I get a fair return from a company that can never be sold? By agreeing the return up front — and being repaid from the company’s cash flow.
Defined exit
Buy-backs, revenue share or repayment on a schedule agreed at the start — no need to find a buyer later.
Alignment
You back companies optimising for the long term, not for a sale. Management’s incentives match yours.
Deal flow
Baltic owners retiring without a buyer they trust are an opportunity few investors have noticed.
You buy a return, not control
A steward-owned company cannot be sold. That does not mean it cannot take outside money. Outside money buys a financial return — not control and not a share of an eventual sale price.
Investors hold profit shares without votes, or instruments that repay a fixed multiple, a share of revenue or interest. Once they are repaid, control and future profits stay with the business.
It suits investors who want predictable, aligned returns from profitable, resilient companies — family offices, foundations, impact funds and patient private capital.
Common instruments
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01
Redeemable profit shares
Non-voting shares with dividend rights, bought back by the company until an agreed multiple is reached.
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02
Revenue-based financing
A share of revenue each month or quarter until a fixed total has been repaid.
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03
Loans
Profit-participating or ordinary loans, from patient investors, banks or crowdfunding.
Read these, in this order
What people ask firstShort answers to the questions we hear most.
How do I exit if the company can never be sold?
The exit is built into the instrument: preference shares the company buys back over time, revenue-based financing that ends when an agreed multiple is repaid, or loans. You are repaid from cash flow, on a schedule agreed up front.
Read moreIs the return capped?
Usually, yes — at an agreed multiple or annual return. You give up the rare unlimited upside of a trade sale in exchange for alignment with a company not optimising for an exit.
Without votes, how am I protected?
Through the contract and the articles: information rights, consent rights on decisions that affect your instrument (new debt, new share classes, changes to payout rules), and agreed repayment terms.
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