Gung ho /ˈɡʌŋˈhoʊ/ is an English term, with the current meaning of “overly enthusiastic or energetic”. It is thought to have originated from a catachresis of Chinese 工合 (pinyin: gōnghé; lit. ‘to work together’).
GungHo Capital is a Micro PE firm specializing in acquiring and growing online businesses with under 1M Euro/USD in revenue.
We are Gung-Ho about startups!
We’ve been investing in startups and entrepreneurs for many years. Mostly through KickAss Capital. We invest in early stage technology that aim to “define the next era of innovation”. It’s been a great ride with some fantastic exits (Incl. Just-Eat, OnApp & FreeAgent) and we continue to be active in the space.
From time to time we met with entrepreneurs who ran successful lifestyle businesses, but were looking to get on to new projects. Selling a company with less than 1M USD or EURO in turnover is actually much harder than selling a 10 or 100M turnover business. Deal cost, due diligence and risks are often too high for traditional buyers to consider the opportunity. And quite often the owners decided to simply close down their business in order to find time and resources to start their new ventures.
That is why we launched GungHo Capital – we aim to be the first port of call for entrepreneurs looking for a swift pain free exit of their small/midsize online business. We are a team of experienced operators with skills within most online disciplines and we have the funds, talent and resources available to acquire up to 25 companies per year.
Driven by innovation
We often find that true innovation comes from the small owner/founder driven business around the world. They have to be creative, imaginative, resourceful and sometimes unorthodox to get their business idea sufficient online clout when up against the bigger cash-rich competitors.
We love that – and we want to work with those founders and make sure their ingenuity does not get wasted when they move on to their next project.
Thing is, sometimes the ones with all the good ideas are not the best operators. That is where we come in.
GungHo Capital is backed by a strong family office with deep pockets and the ability to move fast when needed
We have an operational team of SEO experts, programmers and product profiles ready to ensure a successful short term transition and future growth of the acquired entities.
Our financial team is ready to professionalise the operation – optimise the cost base and streamline suppliers across our portfolio. This is typically the lowest hanging apple.