The unique way in which Ataraxia generates capital, means that this can be applied in a variety of ways – not least a new venture. We are happy to provide financial support during that difficult first period.
This Midlands insurance broker came to Ataraxia looking for support as a new start up. The two directors bought a book of business from their previous employer and were looking for support with funding/agencies etc. in the difficult first year. Ataraxia took a silent shareholding in exchange for this support (a little “Dragon’s Den” style!), and placed them as an AR for another Ataraxia group broker – agencies sorted! They worked so well together that they have now both merged – great result for all parties!