finnCap Cavendish (“Cavendish”), part of financial advisory firm, finnCap Group plc, has today announced it has advised the fast growing technology company, Smart Apprentices, on its sale to Advanced, the British software and services provider. Founded in 2010, Smart Apprentices has developed a leading position in the recruitment, management and assessment of workplace apprentices across […]
Newcastle upon Tyne-based Wave Direct sells inflatable hot tubs online, direct to consumers. It has benefitted from the soaring popularity of hot tubs during the pandemic, experiencing a sales uplift of 1800% since Covid-19 emerged. With huge demand for its products, which it imports from China, the business wanted to buy in more stock from […]
Specialist business property adviser, Christie & Co, has announced the sale of Wymeswold Pharmacy in the village of Wymeswold, North Leicestershire. Wymeswold Pharmacy is a standard hours community pharmacy which dispenses an average of 2,700 items per month. The business, which was previously owned by Mr Roger Kirkbride, who decided to sell to enjoy his […]
Stoke-on-Trent-based The Supply Register (TSR), has secured further funding from venture capital firm Midven through the Midlands Engine Investment Fund (MEIF). The company, which has created an online teacher recruitment platform, is using the funding to accelerate the next phase of its growth as schools return and Covid-19 restrictions ease. This follows The Supply Register experiencing a surge in demand for its […]
Pegasus Care, forward thinking healthcare provider, has been supported with £4.4m in acquisition funding by leading alternative finance provider to mid-sized SMEs, ThinCats. Pegasus Care offers a range of services for people with learning disabilities, mental health needs and those who may exhibit degrees of challenging behaviour. The company provides specialist and innovative services that […]
Specialist business property adviser, Christie & Co, has announced the sale of Hillcrest Pharmacy in West London. Hillcrest Pharmacy is a standard hour pharmacy which dispenses an average of 4,851 items per month. It is ideally located in the affluent West London area of Holland Park. The business was previously owned by Mrs Ila Patel […]
Paragon Bank has provided a £785,000 finance package to support the acquisition of Exeter-based logistics business, STR Logistics, following the retirement of the owner. STR Logistics specialises in distribution, contract management, logistic and supply chain solutions, tail lift delivery and secure high value freight handling. The deal was brokered through Ignition Credit, a leading UK […]
The Robot Exchange has secured a significant £500k investment from leading private equity investment firm, Foresight Group, through the Midlands Engine Investment Fund (“MEIF”). The Nottingham-based business supplies Robotic Process Automation (“RPA”) software and services to deliver efficiencies to businesses, helping them streamline and automate their processes via robotic infrastructure. The funding will be used […]
Aldermore bank has provided a £750,000 Construction Finance facility to NP Services Ltd, a family run metal fabrication specialist. Based in Leicester, the company design and produce high quality metal products for the food and hospitality industries. The business needed funding to fulfil a £1m contract to a major player in the food fit-out industry […]
Santander UK and NatWest are supporting UK-based software management solutions company Ideagen with a funding package worth up to £100m to support its growth strategy. The package comprises a three-year revolving credit facility split evenly across the two banks. £75m of the package is committed and there is scope for a further uncommitted £25m to […]
