The acquisition by a private equity firm represents another key milestone in Haatch’s journey to invest in, scale, and successfully exit high-growth B2B SaaS companies.
A Model for EIS Success
Haatch initially invested in Re-flow in 2020, recognizing its potential to transform outdated field management processes in construction, highways, and civil engineering. Since then, the company has grown significantly, expanding from 1,500 users and £27K in MRR at the time of investment to over 30,000 users by the time of exit.
Haatch’s investors gained exposure to Re-flow through two EIS funds, delivering strong returns:
- EIS Fund 4 (2020 investment): 6.55x return
- EIS Fund 8 (2022 investment): 4.10x return
Both investments exceeded the minimum three-year holding period, ensuring that all investor gains remain entirely tax-free under EIS regulations.