The Commercial Finance arm of listed specialist bank, Secure Trust Bank, has continued to build on its strong performance in 2021 in the first half of 2022, with lending balances growing by 14.8% to £359.8m, with limits now in excess of £700m. Set against the backdrop of continued economic uncertainty, with high levels of inflation […]
Business advisory firm, Quantuma, has advised Intec Systems Limited (Intec) on the sale of the business into an Employee Ownership Trust (EOT) structure. The transaction was delivered by Quantuma’s corporate finance team including managing director, Ian Barton and director, Adrian Howells, with support from managing director, Holly Bedford from Quantuma’s sister company K3 Tax Advisory. […]
Isosceles Finance, the providers of FD, Commercial Accounting and HR services to rapidly growing and ambitious businesses, are delighted to announce they have joined the Dains’ group of businesses. Dains is a leading firm of chartered accountants and business advisers specialising in advising growing and owner-managed businesses. They are backed by Horizon Capital, a private equity investor specialising […]
The Association of Short Term Lenders (ASTL) has announced the agenda for its Annual Conference, which takes place in London on Thursday 20 October 2022. The ASTL Annual Conference 2022, which takes place at RSA House in central London, will feature the launch of the short term lending industry’s first education programme and the ASTL’s first […]
Healthcare services provider Partnering Health Limited (PHL) has undergone a management buyout in a deal supported by FRP Corporate Finance and FRP’s pensions advisory team. The deal will support PHL’s future growth through acquisition, and by expanding contracts with existing clients. By combining high-quality clinical services and governance with technological innovation, PHL plans to expand […]
Pioneering electric vehicle (EV) charging firm Trojan Energy will expand their operations and workforce after securing £9m backing from the Scottish National Investment Bank. The Aberdeen based business specialises in flat-and-flush vehicle charge points which remove the requirement for any obstructive roadside infrastructure and leave the pavement clear of clutter. It is hoped the convenience […]
Family-owned shipbuilder, Parkol Marine Engineering, has announced the launch of its new vessel, Green Isle, which on completion will sail to the west coast of Ireland from Middlesborough, marking its expansion across the country. The boat is the second to be built as a result of a new £3m Bond support package from UK Export […]
FRP Corporate Finance has advised private equity firm FPE Capital LLP (‘FPE’) on its investment in Global App Testing, a global testing platform to the software development sector. The FRP Corporate Finance team, led by debt advisory partner Simon Sherliker, together with director Stuart Sweeney and manager Karris Giani, provided lead advisory services to London-based […]
The world’s first all-electric quad bike business has secured additional funding from HSBC UK with the support of UK Export Finance (UKEF) to invest in its supply chain and fund expansion in North America. Eco Charger, based in Ilfracombe, North Devon, has doubled its working capital facility from HSBC UK to £350k thanks to the […]
UK civil engineering designer and manufacturer company Wrekin Products Ltd has joined forces with France-based business PRODUITS INDUSTRIELS LORRAINS (PIL) in an international deal led by PKF Smith Cooper’s award-winning corporate finance team who were the sole lead advisors on the transaction. The deal should set the stage for increased competitiveness and accelerated organic growth. […]
28/07/2022
Edition 301 – June/July 2022
High quality By Business Money group editor Robert Lefroy Financial services...
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