CASE STUDY – BREAK90 LIMITED Break 90 Limited (Break90) has created an automated retail pod which offers a unique and modern means of selecting and buying golf merchandise.   The pod allows golfers to select the most appropriate products for them and also provides screens for manufacturers to advertise their products. Managing Director, Rob Mullen, believes the pod will support golf clubs by driving players back into the club shops to buy merchandise and to use their other facilities. In July 2014 Tait Walker completed a substantial fundraising round for Break90 with support from two private investors. The funding enabled the Break90 management team to take on 4 members of staff and create 20 future jobs. Tait Walker Corporate Finance worked closely with Management to determine the level of funding required, made introductions to a range of funders, managing the transaction from Heads of Terms to completion. Scope of the engagement: Preparation of a business plan to identify growth opportunities and key investment highlights; Introductions to potential funders; Negotiations to Heads of Terms stage; Managed due diligence process; Negotiated, in detail, the final deal; and Preparation of integrated forecasts to determine funding requirement “Break90’s management and financial backers have very ambitious plans for the business. We are delighted to help them at this stage of the business and look forward to helping them with their future strategies.” Michael Smith, Partner at Tait Walker TAITWALKER.CO.UK