Quarterly Update

How these companies fare over the coming months will be fodder for a future issue. For now, let me suggest that all have worked very hard through the previous Quarter, as you would expect. And they were rewarded for these efforts on many fronts. Echosec, for example, has evolved a portion of their software into a very impressive new tool that is allowing clients to scan social media, the internet, even the ‘dark web’ to detect threats to their brand, their assets, even their employees, sooner and more easily than ever. This powerful new tool is meeting with significant demand from existing markets, and setting in motion the processes for additional corporate funding and growth.

In the UK, Talkative completed integration work to gain access to the global Salesforce ecosystem of partners and potential clients. Their software is now available on the Salesforce online marketplace, exposing it to more than 160,000 new sets of eyes. It is still early days, however the prospects for long-term growth are outstanding, as you will read.

In terms of the real estate businesses, the continued growth in the UK portfolio has brought on the need to evolve the brand — to extend it to encompass hospitality properties and facilities that continue to be added to the family. The new ‘Celtic Collection’ has been launched to include the Celtic Manor Resort as the original cornerstone, as well as the impressive new International Convention Centre Wales, a new family of Ty Hotels, the Lodges and Inns and new properties going forward that will become part of the leading family of resort, golf, hotel and meeting facilities in the UK.

These are just several of the recent portfolio highlights, and there are many more on the following pages. As noted, upcoming plans and expectations are definitely subject to change in this current global climate. However everyone is doubling down on their efforts to ensure the companies emerge from these unparalleled times as strong as or stronger than when they entered them. Positioned for added growth and success. It will not be easy, and nothing is certain. My belief, though, has always been that to succeed, you work it and drive it hard with the best teams, in good times and definitely in bad. That is the culture at Wesley Clover and throughout the portfolio. For now, enjoy some good news from recent weeks …

Kind Regards,
Terry Matthews, Chairman