New lending facility to Sigma GRP Limited
Arbuthnot Commercial Asset Based Lending (ACABL) has delivered a new lending facility to Sigma GRP Limited (Sigma), a leading provider of outsourced procurement, project delivery, display, logistics, and supply chain solutions for major blue-chip retailers and commercial brands.
Sigma was founded in 2007 and is headquartered in Castleford, near Leeds. With 400 employees worldwide, Sigma is a leading GNFR (“Goods Not For Resale”) solutions provider, creating efficient and cost-effective new and refurbished store environments to its customers. The company serves some of the leading global retailers, including large format food retailers, pharmaceuticals, fashion, and high street brands.
Delivering over 5,000 projects annually, Sigma has consistently enjoyed strong double-digit growth, both organically and through strategic acquisitions.
ACABL was appointed following a thorough selection process and delivered a flexible, bespoke finance facility that delivers the headroom for growth acceleration. Sigma is now set to further its M&A ambitions by enabling the company to move quickly when it identifies new opportunities.
David Dignam, group chief executive, Sigma GRP Limited, said: “It was refreshing to work with a lender that had a willingness to come out and meet us. They took the time to understand the complexities of our business and its nuances. Throughout the deal process they demonstrated patience and flexibility, and delivered a solution that met all our needs. We are now set for even greater growth.”
Vincent Walker, business development director, Arbuthnot Commercial Asset Based Lending Limited, said: “Sigma is well placed to take advantage of the dynamic retail sector as customers seek to move towards more energy efficient business models and refresh retail environments. We are delighted to be supporting them. With an enviable growth already under their belt, Sigma is set for even greater success ahead.”