A unique investment opportunity – the rejuvenation of a 70 year old British luxury sports car brand with a global footprint.
TVR, the iconic 70 year old British luxury sports car brand, is making a come back in a big way, with a new leadership team, new vision and a long-term, global business and production plan.
In 2013, the current shareholders, led by Les Edgar purchased the TVR brand with the objective of launching a series of newly designed vehicles to cater for the 21st century driver.
Since purchase, more than £10m has been invested in creating the new TVR Griffith, engineered by Gordon Murray. Gordon is one of F1’s most successful engineers and his road car credentials include the McLaren F1 and Mercedes McLaren SLR.
The leadership team have brought in blue-chip partners that include Ford, Motul, Gordon Murray Design, Avon Tyres and the Welsh Government.
Appetite for this much-loved sports car is still strong. First year’s production was fully sold out with the 500 limited Griffith LE supercar launched at the Goodwood Revival, generating in excess of £40M in orders.
All new TVR engineered by Gordon Murray Design, powered by a 5.0 litre Cosworth enhanced, dry-sumped V8 powerplant
TVR boosted by £500,000 investment and 2 million loan from Welsh Government
£25m Bond series established on the Irish Stock Exchange. Net proceeds will be used for working capital and tooling/facilities
Portion of funds remain in Escrow for additional peace of mind.
Coupon of 8.25% per annum, paid quarterly
First year of production completely sold out generating £40M in orders