£1.6 million property development funding
Category: 2007
Double D Deal
Dundee-based corporate finance house, DC Consulting, has successfully concluded the Buy In Management Buy Out (BIMBO) of Double D Bakery Engineering for client, the Bonspiel Group.
Bonspiel Engineering – Bucking the Trend
Specialist engineering company Bonspiel Engineering Ltd has recently received planning permission to substantially increase the size of its manufacturing facility at West Pitkerro Industrial Estate, Dundee, from 10,000 to 15,000 sq ft. Bonspiel, which specialises in machining sub-contract parts for various markets including medical, telecommunications and energy, is being supported in its growth plans by a Regional Selective Assistance grant of £235,000 for the acquisition of new CNC (computer numerically controlled) machinery and the creation of a number of new job opportunities. Continue reading “Bonspiel Engineering – Bucking the Trend”
Undisclosed
£775K disposal of restaurant business.
Seven figure deal secures future of Tayside’s Cedarstape
Corporate finance specialist, Dundee-based DC Consulting, has arranged and managed the successful Buy-in and Management Buy-Out (BIMBO) of Cedarstape Ltd, the rapidly growing manufacturer and distributor of adhesive tape and associated products. The seven-figure deal sees the appointment of four new directors to the board of the Tayside business, which currently employs 55 staff. The new board believes the transaction will re-position the company to take full advantage of new markets and product offerings over the short to medium term. Continue reading “Seven figure deal secures future of Tayside’s Cedarstape”
Undisclosed
£2.5 million debt funding secured for share acquisition of property group.
Undisclosed
Secured £2.4m of debt for the refinancing of a property development company.
Undisclosed
Secured circa £3.5m of debt for the acquisition of a hotel and leisure group and provide ongoing working capital facilities.
Cytosystems raises funds for novel cancer diagnostic technology
Aurora Private Equity Partners is delighted to announce the completion of their investment in Cytosystems Ltd, a new business specialising in advanced diagnostics for cancer.
Continue reading “Cytosystems raises funds for novel cancer diagnostic technology”