The Car Sales Company Bury is expanding with the addition of a new showroom, which opened this week, and is hiring 20 additional staff. The business is among the UK’s largest independent ‘car supermarkets’, dealing in used cars, buying and selling from its original premises in Bury, Greater Manchester – and now from its new […]
Yorkshire-based entrepreneur, Tim Whitworth, of private equity house TIM Group Holdings, is pleased to announce he has backed an exciting new digital marketing start-up. Created by young female entrepreneur Chloe Byrne, Audience was conceived with the primary purpose of connecting smaller businesses with their target audiences. “For many business owners, the day-to-day running of their […]
Worcestershire-based Sustainable bag-in-box wine brand, When in Rome, has secured £375,000 from the Midlands Engine Investment Fund (MEIF) West Midlands Equity Fund, managed by Midven (part of the Future Planet Capital Group). Having already secured listings with Waitrose, Ocado and Amazon, the MEIF funding will allow When in Rome to accelerate its growth by upscaling its marketing activities and […]
Specialist lender Together has announced the pricing of its first ever residential mortgage backed securitisation (RMBS) consisting only of first-charge loans – to support the business’s future growth ambitions. The £318m facility is supported by a portfolio of owner-occupied and buy-to-let residential mortgages, secured against properties in England, Wales and Scotland. Pete Ball, the group’s […]
The number of acquisitions made by private equity-backed businesses in the UK hit record numbers in H1 2021, with 286 transactions completed during the first six months of the year, according to Rickitt Mitchell’s Buy and Build Barometer. The latest analysis from the corporate finance firm, conducted in partnership with Experian Market iQ, reveals that […]
Collctiv, a group payment app which allows people to collect money together seamlessly, has processed over £3m in group payments and surpassed £110,000 in turnover as it targets a new funding round. Collctiv enables social organisers to easily collect money from their groups of friends or family. These money pools can be used to pay […]
Commercial finance specialist, Christie Finance, supported established operator, Rhencullen Care Group Ltd, in the refinancing of existing debt and the acquisition of complete ownership of its third care home. Rhencullen Care Group Ltd currently operates two care homes, Kevlin House and Tamar House, located in the North Norfolk District, just a 19-minute drive from one […]
BREAL Zeta has provided a complex £100m multi-jurisdictional receivables facility for Nynas AB (Sweden), Nynas AB’s UK Branch and the group’s Singapore subsidiary, Nynas PTE Ltd (together “Nynas”), providing significant working capital. The facility forms a substantial part of a suite of solutions to support the business, alongside senior lenders. With around 1000 employees, production […]
A graphic designer has moved back to the Isle of Lewis to launch his business following support from Business Gateway. Originally from Lewis, Donald Smith recently relocated back to the island from Aberdeen to pursue his dream of running his own graphic design company. The business, Donald Smith Graphic Design, offers a broad range of […]
Peabody and NatWest have completed a new sustainability-linked loan agreement to support the delivery of new affordable homes. The agreement renews an existing tranche of funding, extending the term to ten years and increasing the funds available from £17.5m to £70m linked to specific environmental targets. The sustainable metrics will measure the energy performance of […]
