United Trust Bank (UTB) has surpassed £1bn of lending through it’s asset finance division. The milestone was reached at the end of March this year and follows a strong performance last year. In 2022 the asset finance funder delivered a third consecutive year of record breaking originations, increasing new asset finance lending by 42% year […]
Quantuma joint administrators have sealed a deal which rescued Southampton manufacturing business, Williams Aerospace. The sale of the business and assets coincides with a sale of the freehold property owned by holding Company, D&R Fripp Ltd. Quantuma director, Kelly Mitchell, and chief executive, Carl Jackson were appointed joint administrators of both companies on 2 February […]
Group’s fourth acquisition this year is eleventh in 12 months Azets, the UK top 10 accountancy group, has acquired Naylor Wintersgill, the £4m+ independent firm of chartered accountants, business and tax advisors, based in Yorkshire. The acquisition is Azets’ eleventh in 12 months, as the group continues to accelerate a multi-year M&A strategy to underpin […]
A multi-million-pound commercial mortgage from Allica Bank has enabled Tron Worktops – which trades online as House of Worktops – to purchase a new company headquarters as part of its plans for major expansion. Confirming Allica’s commitment to supporting established manufacturing SMEs, the £5.3m commercial mortgage is being used to acquire a new, larger £8.5m […]
Business advisory firm Quantuma advised Rockpool Investments-backed Momentum ITSMA to provide financial due diligence on their acquisition of thought-leadership services provider, Grist Limited. Momentum ITSMA enables ambitious companies to achieve market-beating performance by winning, growing and retaining their most valuable client relationships. The transaction was a strategic acquisition to grow Momentum’s suite of services. This […]
Norwich-based energy consultancy, Indigo Swan, has secured a six figure invoice finance facility with Time Finance to accelerate its investment in sustainability and its support for the UK’s decarbonisation journey. The award-winning consultancy secured the finance package to support the completion of a management-buy-out by manager director, James Groves, and deliver its renewed strategy forward. […]
Tower Hire and Sales Limited, the Welsh based specialist developer and provider of innovative CCTV towers and temporary security solutions across the UK are focussing on growth following a boost in funding from eCapital Commercial Finance. Together, directors, Mark and Jodie Davies and their team of operations and engineering staff, have built a reputation for […]
All jobs at an international furnishing and logistics company have been rescued following the successful sale of the company handled by Leonard Curtis. The 35 employees at Serene Beds and Furniture Limited – which operates from a 100,000 sq ft site at Hill Top Trading Estate in West Brom – will remain in post following […]
The Brighton team of business advisory firm Quantuma has completed the pre-pack sale of Safeguard SVP Limited after it entered into administration on 29 March 2023. The sale was led by Quantuma managing directors Sean Bucknall and Elias Paourou. A pre-pack sale of the business and assets to Safeguard VP Limited, a competitor company, was […]
Halesowen-based Midland Oil and Wolverhampton-based Rods Oils, oil manufacturers specialising in metalworking lubricants, have been acquired by Richard Parry and Mark Hayes. The Management Buyout (MBO) was supported by a £3.4m invoice discounting facility and property loan from Cynergy Business Finance (CBF). Midland Oil is a specialist high-performance lubricant manufacturer that produces an extensive range […]
