Titan Sidcup Exits at 2.5x

Titan Sidcup Exits at 2.5x

The Company behind the Titan storage facility in Sidcup was this month the subject of a trade sale, which has delivered a 2.5 x return on cash for investors (inclusive of EIS tax relief). This is in line with the original projections at the time of fund-raising back in 2018.

Storage is one of the very few sectors which prospered during the pandemic, as people de-cluttered their homes to provide more space to work from home.

Following a recent dearth of EIS exits, this successful exit is hopefully a sign of better times ahead.

© 2021 Martin Sherwood