News
This
section provides you with news about both Neutron Ventures as well as its
portfolio of companies. Simply select the news items on the left in order to
view the full article on the right hand side.
10/2/2008 2:00:00 PM
Neutron Ventures Acquires Sweatband.com
Neutron Ventures, the incubator founded by serial entrepreneur Maz Darvish, today announces that it has acquired Sweatband.com for an undisclosed consideration from Internet Business Group Limited.
Sweatband.com is a sports retailer which offers a comprehensive range of active sports equipment through online, mail order and in its dedicated retail shop located at Clipstone Street in London’s West End.
The Neutron management team has considerable experience and an excellent track record in the online sports sector and has particular knowledge of Sweatband.com having been closely involved in the development and management of the Company since its inception in 2000.
Maz Darvish, Chairman of Neutron Ventures says, “Sweatband.com has an excellent brand, a strong online presence and significant potential to achieve scale. Our investment model is focused on deploying the skills, knowledge and contacts of Neutron’s management team in projects where value can be created.”
“The acquisition of Sweatband.com, an established business, underlines our willingness to seize opportunities at small and medium size enterprises as well as start up operations.”
For further information please visit:
www.neutronventures.com / www.sweatband.com or contact:
Maz Darvish, Neutron Ventures - Tel: 020 70366302
Matt Ridsdale/Camilla Bowen, Tavistock Communications – Tel: 020 7920 3150
Notes to Editors:
Neutron Ventures was established earlier this year to revolutionise the traditional incubator business model. The Company focuses on online opportunities within the sports, travel, automotive and lead generation sectors.
Unlike traditional incubators and investment houses whose models are generally based on minority equity participation in a large number of projects, Neutron will take a highly selective approach. The company will seek a majority equity stake of at least 75% in a handful of the most attractive projects, ensuring it is fully incentivised to play an active role in the development and management of each venture.
Neutron’s maiden venture AssuredTrade.com was launched in August 2008. The website links those seeking professional services with the most compatible suppliers. This was followed by its entrance into the travel sector with the launch of SqueezeHolidays.com in September 08.
Contact Neutron Ventures on 020 7036 6300
11/19/2008 1:02:38 PM
New Website for Sweatband.com
Neutron Ventures, the incubator founded by serial entrepreneur Maz Darvish, today announces that it has launched a new website for recently acquired Sweatband. The site can be found at www.sweatband.com
Read more
10/2/2008 2:00:00 PM
Neutron Ventures Acquires Sweatband.com
Neutron Ventures, the incubator founded by serial entrepreneur Maz Darvish, today announces that it has acquired Sweatband.com for an undisclosed consideration from Internet Business Group Limited.
Read more
9/2/2008
Neutron Ventures Launches Online Travel Agency
SqueezeHolidays.com sees Neutron enter the travel market
Read more
8/12/2008
AssuredTrade.com Launches
AssuredTrade.com, the new website that links those seeking professional services with the most compatible suppliers launches today.
Read more
8/11/2008
Launch of Neutron Ventures
Neutron Ventures, the incubator founded by serial entrepreneur Maz Darvish, has opened its doors for business.
Read more