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. […]
FRP Corporate Finance has advised Norwich-based specialist industrial systems integrator Proeon Holdings (Proeon) on its sale to RSK Group (RSK). Based at the Hethel Engineering Centre on the outskirts of the city, Proeon provides a range of safety, maintenance and cyber security services to the energy, manufacturing, and utility industries worldwide. The business specialises in […]
Bibby Financial Services (BFS) has increased its funding support for MPL Home – a multi-disciplined business supplying goods such as textiles, electricals and branded goods to some of the world’s biggest retailers – to support the acquisition of another business. MPL Home, based in Hemel Hempstead, has a rich history spanning back to 1946. Since […]
The private equity team at national law firm, Foot Anstey LLP has reported a successful first half of the 2022 calendar year, having completed in excess of 10 private equity-backed deals. The team at Foot Anstey specialises in advising private equity-backed portfolio companies bolt-on and buy-and-build acquisitions, as well as having a deep specialism in […]
Secure Trust Bank’s commercial finance team in the Midlands has delivered more than £200m in lending facilities since it opened its regional office four years ago. It has since delivered finance to over 20 of the region’s businesses. Over the last year, facilities provided by the bank have included a £10m combined facility to 200-year-old […]
The total value of lending to UK businesses has risen by £12bn to £533bn in the 9 months to end May 2022* as banks increase their lending following a sharp fall at the end of the CBILS and BBLS schemes, shows research by ACP Altenburg Advisory (“Altenburg”), the debt advisory specialists. Altenburg says that the […]
Mark Lucas, managing director at business advisory firm Quantuma, has advised the shareholders of Uni-Pol on their sale to Doncasters. Uni-Pol is a global specialist manufacturer of superalloy cast parts with revenues of c$100m and has over 700 employees in India, China, Mexico and Europe. Doncasters is a global manufacturer of high-precision alloy components with […]
