A seven-figure funding deal from Reward Finance Group has been provided to support Norwich-based Start-Rite Shoes (www.startriteshoes.com). The funds will facilitate the launch of a new ‘back to school’ product line, catalysing business transformation and driving revenue growth. The company, which sells children’s shoes to the likes of John Lewis, Next, Very.co.uk and many other […]
A contraction in VC funding and non-existent IPO market will stimulate an M&A resurgence for growth-stage European deep tech companies,, according to Oliver Warren, Associate at DAI Magister European deep tech investment has followed a similar pattern to the broader tech space, halving since the peak of 2021’s boom. Stimulated by investor preferences for ventures […]
Bluestone Investment Holdings Limited (Bluestone Group), the European financial services business headquartered in the UK, announced today that it has agreed terms for the sale of its Irish motor finance operations, Bluestone Motor Finance (Ireland) DAC (BMFI) to Close Brothers Limited. Under the terms of the transaction, Bluestone’s holding company will sell 100% of the shares […]
The €3m investment will allow Enigio to expand its bespoke solution, trace:original, which removes the need to physically transfer paper documentation within trade transactions. Lloyds Banking Group led Enigio’s latest funding round, with existing investors Stockhorn Capital and MOOR Holding also participating in the raise totalling ca. €6m. The investment will enable Enigio to continue […]
A UK Export Finance guarantee has enabled micro-business Gas Recovery and Recycle Limited, GR2L, to secure and deliver a £4m export contract with India’s solar energy sector The Surrey business developed the world’s first ever distributed argon recycling technology, helping solar-panel manufacturers cut waste, emissions and costs UK government backing puts this world-leading cleantech firm […]
Electrical wholesaler and distributor, Quantum Electrical Distribution, has secured a £2m invoice discounting facility from Cynergy Business Finance (CBF) to support its regional growth plans. Founded in 2018 in Crawley, West Sussex, Quantum was created to offer a unique, customer-centric approach to electrical wholesaling. The business specialises in aviation, renewable energy, industrial, commercial, residential and […]
A new £243,000 asset finance loan from Allica Bank, brokered by media industry finance specialist Medialease, is helping award-winning camera rental company VMI TV to access and maintain the very latest high-end equipment to meet evolving customer demand. VMI is a family-run and multi-award-winning camera and filming equipment rental company based in London and […]
Quantuma delivers another successful Employee Ownership Trust with transfer of The Specialist Blind Co. Limited to its staff. Business advisory firm Quantuma is pleased to announce its successful completion of the transfer of Surrey-based The Specialist Blind Co. (SBC) Ltd into an Employee Ownership Trust (EOT). This transfer presents SBC’s staff with the opportunity to […]
The UK government has secured a £2.5m funding package alongside Santander UK to help Dewsbury furniture manufacturer Jay-Be fuel its export growth. UK Export Finance (UKEF), a government department which exists to help UK firms win, deliver and get paid for export contracts, provided support for the bed and mattress specialist by issuing a General […]
British Business Investments today announces it has committed £30m to the Panoramic SME III fund as part of a final close of £100m. This commitment will allow Panoramic to fund growth opportunities and management transitions for smaller businesses across the UK. Panoramic, based in Glasgow, is an established fund manager that invests across the UK […]
