Assetz Capital has delivered three bridging loans totalling £1m, enabling an SME property investor to conclude three purchases of property in London. Specialising in hospitality, the borrower had its core business disrupted by Covid-19, so took the opportunity to pivot its strategy and invest in smaller property projects. After identifying three properties in London, the […]
The leadership team of the Brightstar Group has regained a controlling stake in the business, completing the acquisition of the remaining private equity-owned shares in an all-cash deal. The transaction, which comes on the back of a record year for the Brightstar Group, means the leadership team now owns a controlling stake in the Group, […]
Praetura Commercial Finance has provided more than £18.5m of funding to support the growth ambitions of two northern SMEs in the first month of 2022. The first deal of the year saw Praetura support logistics and warehousing group OTIF on its £12.5m acquisition of John Truswell & Sons, the family-owned distribution business based in Barnsley, […]
finnCap Cavendish, part of financial advisory firm, finnCap Group plc, is pleased to announce it has advised on the sale of Mail Manager Limited (MailManager), a leading email management software provider to Ideagen plc, a leader in compliance software for regulated industries, for a cash consideration of £26.4m plus a deferred conditional earnout payment of […]
Leonard Curtis Business Solutions Group has completed the sale of the business and assets of Bates of London Limited, a long‐established London laundry contractor, and saved all 95 jobs. The leading laundry business, which can trace its history back to 1886, specialises in linen hire and contract laundry for hotels, health clubs and restaurants across […]
An eco-tourism business that encourages people to explore Scotland’s great outdoors is on track to double its turnover. This follows support from DigitalBoost, Scotland’s national digital upskilling programme, delivered by Business Gateway. Born out of business owner Ryan Davidson’s love of the outdoors and passion for cycling, Highland Transfers’ key business aim is to take people […]
Zenobē Energy, the leading EV fleet and battery storage specialist, has established a multi-source debt structure of £241m to radically accelerate the expansion of the EV fleet sector. The first of its kind funding platform, advised and structured by NatWest, draws on the support of several financial institutions, and will enable Zenobē to initially service […]
Specialist business property adviser, Christie & Co, has announced the sale of Paint Pots Pre-School and Nursery Ltd. Founded by David and Anna Wright, Paint Pots comprises nine superb settings predominantly located in and around Southampton, with a combined effective operating capacity for circa 482 children. The group boasts both ‘Outstanding’ and ‘Good’ Ofsted ratings, […]
The owner of one of Bristol’s top rated care homes has added a second business to his portfolio following a seven-figure funding package from Unity Trust Bank. Ryan Somauroo took over Bernash Care Home in Wells Road in 2016, and as well as receiving customer reviews of 9.9/10 on carehome.co.uk, it has featured in the […]
Growthdeck, the private equity investment firm, has closed an oversubscribed funding round for Kelda – the pioneer of water, energy, and carbon saving showers. Fundraising for the company, led by Growthdeck, amounted to £1.35m exceeding its original target of £1.1m by nearly 25%. The funds will be used to help Kelda launch its BubbleSpa shower. […]
