Author: dcconsult_admin

DC Consulting were delighted to assist with the successful exit of a Precision Engineering Business. This transaction involved the identification of potential acquirers, negotiation with the preferred bidder then the project management of the disposal process through to a successful conclusion.

A biotechnology company focused on using the body’s own micro-organisms to prevent and treat disease has raised £500,000 in funding. The financing into Aberdeen-based EnteroBiotix was led by Equity Gap and supported by the Scottish Investment Bank, the investment arm of Scottish Enterprise. The cash injection will be used to further develop the company’s product pipeline and grow its manufacturing and research team.

The seed round includes £100,000 in non-dilutive funding from a Smart Scotland feasibility grant to allow the company to develop entirely anaerobic – oxygen free – collection and processing capabilities. James McIlroy, a final year medical student at the University of Aberdeen and chief executive at EnteroBiotix, said: “This investment and grant funding will be pivotal in furthering the objectives of EnteroBiotix as we develop the first orally available products for faecal microbiota transplantation in Europe. “We are excited to work with Equity Gap and Scottish Enterprise as we build EnteroBiotix into a dominant player this fast-moving field of science and medicine.”

Development funding of £250,000 secured from Bank of Scotland as cornerstone funding for a seven-figure development funding package for an exciting new residential development project.

Multi-option facility of £2,500,000 for working capital purposes including performance bond facility secured from Bank of Scotland.

Total funding package of £710,000 for working capital purposes including a £400,000 construction finance package secured from Bibby Financial Services Limited.

R&D Tax Credits exercise secured a significant 6-figure repayment for JBS Group to assist with continued innovation in new products for the oil & gas sector.

During Q1 of 2017, DC Consulting were delighted to assist two clients in the Bio-sector to secure additional equity funding in line with their development programmes;

Growth capital secured of £350,000 secured in relation to additional capital expenditure incurred by the largest independent forestry harvesting contractor in the UK.

Albacom has relaunched its Surface Technology division after a £250,000 investment, which was supported by Scottish Enterprise.

The Surface Engineering and Machining division expands Albacom’s capabilities in the oil and gas sector and allows the company to offer customers a fully integrated service and turnkey solutions. Albacom has invested significantly in diverse manufacturing, repair and maintenance technology and recruited four new members of staff to support the division’s development.

Commenting on the company’s expansion, Albacom CEO Jim Davidson, said: “Diversification is key to Albacom’s growth strategy and this divisional expansion is crucial for us to build upon our capabilities in the oil and gas market. Work is already underway with our first major oil and gas service company and we’re excited to further develop the services we can offer in this area.”
The past year has seen significant growth and market expansion for Albacom, with the launch of the company’s new Lifting Services and Motor Rewinding divisions and a further defence sector contract win in India.

Further Reading:

• Albacom – Albacom Expands Capabilities in Oil and Gas with £250K Investment

Receiving 500k from private investors and a further 500k from the Scottish investment bank.

DC Consulting were delighted to assist the company in securing growth investment for the company.