Mindflair plc, (MFAI) an investor in next-generation AI technology, has agreed to sell its entire directly held minority stake in cybersecurity firm Getvisibility to Forcepoint, a global data and cloud security leader. The transaction will generate a gross cash inflow of approximately €2.1 million (£1.8 million) for Mindflair. Additionally, the company will receive around €0.9 million (£0.8 million) from its indirect investment in Getvisibility through the Sure Valley Ventures (SVV1) fund. In total, Mindflair expects to receive approximately £2.6 million in cash, with potential for additional distributions from its stake in Sure Ventures plc (SV plc). The disposal represents a significant return on investment, with a 6.0x multiple on Mindflair’s direct stake and a 4.5x return on SVV1’s investment. The proceeds will be partially used to settle outstanding loan notes of around £800,000. The transaction is subject to customary conditions, with further updates expected upon completion.
View from Vox: A Well-Timed Exit for Mindflair
Mindflair’s divestment of its stake in Getvisibility marks a strong financial outcome, underscoring its ability to back high-potential AI-driven companies. The deal, delivering a 6x return on direct investment, is a testament to the strength of Getvisibility’s cybersecurity offering and its appeal to industry leaders like Forcepoint.
For investors, this exit highlights two key points. First, it reinforces Mindflair’s credibility in identifying and nurturing valuable tech investments. Second, it signals that SVV1, the fund in which Mindflair holds a stake, has entered the exit phase of its investment cycle—suggesting that more liquidity events could be on the horizon.
A portion of the proceeds will be used to clear outstanding loan notes and strengthening Mindflair’s financial position. This is strong exit that validates Mindflair’s investment strategy, positioning the company well for future opportunities.