A multimillion-pound acquisition of a £16m-turnover commercial vehicle components supplier has been completed. 3G Truck and Trailer Parts (3G), based in Rotherham, was established 11 years ago by Richard Ash, Stewart Ashall and John Carr with John Bruce and Peter Beaumont as investors and was sold to TVS Europe Distribution in 2020. .The transaction was […]
• Funding will accelerate the roll-out of EBar’s transformational self-service drinks dispensing technology in venues across the UK & Europe, via their mobile EBar® kiosks. • Founded by entrepreneurs Sam Pettipher & Nick Beeson, drink technology start-up EBar is leading the transformation of the global drink dispensing industry, by providing an automated, contactless, and streamlined […]
King Trade Capital (“KTC”) is pleased to welcome back a client from 12 years ago by providing a $5m import finance facility with an accordion feature to expand to $10m. The owner/founder of a very successful food products company reached out to King Trade Capital founder, Edward King, to discuss the happy yet surprising doubling […]
Specialist business property adviser, Christie & Co, has announced the sale of Normanhurst Day Nursery in Northampton to expanding local group, Clarence House Day Nurseries. Established in 1962, Normanhurst Day Nursery is one of the longest running childcare settings in its region. The setting has an operating capacity of up to 45 children aged three […]
Medipharmacy Group, an independent NHS community pharmacy chain operating in London, Kent, Surrey and West Sussex, has secured an £8.3m funding package with Santander UK to support the acquisition of a purpose-built warehouse. The warehouse acquisition is fundamental to the business’ plans to expand its wholesale operations. It has also moved its day-to-day banking to […]
Bridge Farm Group, one of the UK’s largest producers of ornamental plants, flowers and herbs, has secured £29m of debt finance from specialist lenders Shawbrook Bank and Tosca Debt Capital. As part of Bridge Farm Group’s investment in its operations, the business has developed a 48-acre, fully automated glass house in Spalding. The modern Clay […]
Foxatech Limited, a real estate consultancy, has received a capital injection from Cynergy Bank. Cynergy Bank has provided Foxatech Limited with a total of £2.7m in financing. This CBILS loan has enabled the owner to redeem external development finance and retain assets post the development of five luxury highly desirable flats, the Chantry Point project, […]
Impact Specialist Finance and Together teamed up in late June to deliver a customer’s auction funding within seven days to beat the June stamp duty deadline. The client, who’d bought at auction, was looking to complete before the rise in July stamp duty rates. Perfect packaging, focussed solicitors and swift Together underwriting ensured seven days […]
A Barnsley-based car body shop specialist has seen business demand speed up dramatically since opening its garage doors last July after receiving a financial boost from alternative lending provider Finance for Enterprise. Taylor’s Bodyshop called on support from Finance For Enterprise to help the business meet the setup costs, purchasing vital equipment, including high quality […]
BCMGlobal, part of Link Group, has facilitated a deal for a senior debt funding facility of up to £100m for Fundamentum, an Investment Advisor specialising in the UK Supported Housing market, from AgFe, the fixed income innovators. Fundamentum specialises in creating and managing Supported Housing assets across the UK, in partnership with housing providers and […]
