Where we stop
What we will not take on at Bran Capital
- We do not run day-to-day operations for the companies we hold. The management teams stay in place and keep making the operational calls.
- We will not back a business that needs a rescue. If it is burning cash with no route to profit, we walk away rather than fund a turnaround.
- Sectors such as tobacco, gambling and payday lending are off the table, no matter how strong the numbers look to the person pitching them.
- We decline deals where the seller cannot supply clean, audited accounts going back at least three years. No exceptions are made for that.

