We are delighted to announce one of our clients, using the buy & build strategy has made their third acquisition this summer, with the help of a leading industry investor from our network. Our client is now an £8 million turnover group with current EBITDA forecasted at £1.5 million. They have consolidated their position in their sector and from hereon will deliver an increased range of engineering services.

The most recent acquisition is an established machining repairs business with over 60 years’ experience in the industry. The company provides in-situ engine repairs and maintenance services to clients with heavy plant and machinery, specialising in Line Boring, Journal Machining and Crankshaft Repairs to name a few. They have trained personnel and specialist equipment to meet all client needs. Clients tend to be major industrial names.

Nick Young comments, “It’s always pleasing when investors continue to back our clients with further capital. We wish them all the best for the future”

This week, we received an update on a client who has used our investment to become an industry leader in open space management.

We’ve recently been re-visiting some of our clients and it’s wonderful to see how well so many of them are progressing and how much added value our investors bring.

Our client has just completed their funding round, this being the concluding element to a merge between themselves and a similar sized competitor. The capital raise is further supported by the Government’s Future Fund and will result in new capital in excess of £1 million moving into 2021.

Our client, a growing healthtech business, was referred to us to raise a working capital bridge in order to accelerate sales growth prior to a Series A round.

Founded in 2011 by a highly experienced vehicle recovery team, our client has developed an online CRM platform offering logbook loans to creditworthy non-prime customers who do not fit standard credit scoring underwriting models.

Our client has developed a new lending platform with intuitive software, a ‘growth ecosystem’ for both borrowers and lenders, creating a community of beneficial stakeholders.

Our client owns and operates a profitable, fast growing Hotel group. Historically known for buying and redeveloping branded hotels, including Ibis, Best Western and Travelodge, they are now able to acquire much larger hotels and are committed to taking their portfolio to £100 million in assets over the next 3-5 years.

The management team of our client come with exceptional pedigree; senior management from one of the most successful car finance companies ever seen in the UK and the founder of the most successful lead generation business in the UK operating in the personal loans sector.

Our client manages over 100 residential property blocks consisting of some 2,000 flats in London and the South East, improving services and harmonising the needs for the benefit of their freeholders, leaseholders and developers.