New Starts Build DCC Team

Dundee-based corporate finance specialist, DC Consulting, has expanded its professional team with the appointment of two further professional staff, corporate finance analysts Nina Ledlie and David Glen.

The appointments come as DC Consulting maintains its planned growth, providing corporate finance, specialist tax and strategic business advice to companies around Scotland and beyond.

Angus Hay, director of DC Consulting, sees the appointments as critical in sustaining the company’s reputation for top flight advice as the company continues to grow:

“DC Consulting has been successful in working with some outstanding entrepreneurial businesses, providing high-end advice and securing equity investment and grant funding packages to facilitate their growth and development. Nina Ledlie comes to us with substantial corporate experience, which will be invaluable to the business and to our client base. David Glen is a qualified accountant with an audit background which will assist with the increasing number of due diligence and financial modelling assignments coming to the company.”

Undisclosed MBO

DC Consulting’s specialist team has spearheaded funding negotiations for the successful MBO of a fast-growing North-East based electrical contracting business, servicing the energy, maritime and commercial sectors.  The MBO, which was supported by the Royal Bank of Scotland, sees the MD remain with the business.

Gigha Halibut: Funding Brought to £2m

Specialist corporate finance house DC Consulting has secured funding of £850,000 for Gigha Halibut II Ltd, bringing to £2 million the total it has successfully raised for Halibut farming projects in Scotland in the last two years. DC Consulting sourced and co-ordinated investment from its pool of private investors to raise the equity required and negotiated the debt funding. This round of funding ensures that production of farmed halibut will increase to over 600 tonnes in the next three years.

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Calnex Solutions Ltd secures funding

Dundee-based corporate finance house DC Consulting has attracted a £1 million package of investment for Calnex Solutions Ltd, a pre-revenue business based in Linlithgow which is about to launch a range of products into the telecommunications test instrumentation market. Led by Discovery Investment Fund along with a number of individual investors, the package also includes SPUR support and matched equity funding from Scottish Enterprise’s Scottish Co-Investment Fund.

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High tech spin-out PowerPhotonic secures £0.5 million funding package

PowerPhotonic Ltd, a high tech spin out from Heriot Watt University, has secured funding of more than £½ million in a deal led by Archangel Informal Investment, which syndicated part of the equity to angel syndicate TRI Cap. PowerPhotonic Ltd has developed world-leading micro-optical fabrication technology and the transaction, which includes SMART Scotland funding, enables the company to compete in high power industrial laser and optical communications markets valued at $2.6 billion per annum.

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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”

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