Paragon has provided Acorn Property Group with a £4.9m loan to support the acquisition of a site in Padstow town centre and its development into ten luxury apartments. Divided across three new buildings, The Padstow Collection is an exclusive development of ten, two and three-bedroom homes with views of the Camel Estuary. Melanie Omirou, group […]
British Business Investments, a commercial subsidiary of the British Business Bank, today announces a £10m commitment to Cambridge-based venture capitalist Syndicate Room. The £10m commitment from British Business Investments’ Regional Angels Programme will be invested by Syndicate Room, which is one of the most active early stage investors in the UK. Over the five-year investment […]
Applied Market Information (AMI) has been supported with a £3m refinance and working capital facility by ThinCats, leading alternative finance provider for mid-sized SMEs. Founded in Bristol in 1986 by a group of expert consultants, AMI is a leading provider of market intelligence, data and events to the global plastics industry. The company historically ran […]
Time Finance and Start Point Finance have supported a creative arts firm with a £80,000 facility under the Coronavirus Business Interruption Loan Scheme (CBILS). Together, the two financiers were able to swiftly tailor a funding solution that would bolster a creative art group’s cash position during this challenging time and support their plans for innovation […]
RSM’s corporate finance team has successfully advised Spotlight on its sale to Talent Systems LLC, a global casting technology solutions provider. RSM’s support included M&A advice as well as the production of a financial factbook. Founded in 1927, Spotlight has been a client of RSM for almost 80 years and has a long history as […]
Agathos Management LLP, the London-based lower mid-market private equity firm, is pleased to announce a first close of its second fund. The first close of Agathos Fund II was completed at the end of November 2020 with over £30m committed. The fund is on course to achieve a final close in early 2022 at an […]
Covid-19 has thrown unprecedented challenges at UK businesses with some sectors devasted whilst others have managed to maintain enough levels of trading to keep their businesses alive. However, for some firms, they have been presented with opportunities brought about as a consequence of the pandemic. For those businesses ensuring they had sufficient cashflow to capitalise […]
Two Lanarkshire brothers have pursued their lifelong dream of opening a microbrewery thanks to Business Gateway support. Launched in November 2020 by brothers Ronnie and Kenny Lees, Outlandish Brewing Company launched its first range of Scottish craft beers in December 2020. Inspired by Scottish slang and humour, the beers are named after local lingo phrases […]
RSM Corporate Finance LLP has advised on the sale of Bristol Uniforms and Bell Apparel to US-based safety company, MSA Safety Inc. MSA has acquired Bristol Uniforms in its entirety as a going concern in a deal worth £44m, with 200 staff continuing in their current roles. The purchase enables Bristol Uniforms to enter […]
Recognise Bank, a subsidiary of City of London Group plc (AIM: CIN), and the UK’s newest SME bank, is pleased to announce that it has issued its first loan to Bristol based, Eve Commercial Properties (owners of the property), whose director Nicola Walther has founded The Orange Tree, a new and innovative working hub providing […]
