DC Consulting assisted with the successful management buyout of Elliot Henderson Holdings Ltd by its previous owner Elliot Henderson for the sum of £1.1 million.
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Author: dcconsult_admin
Bright Ascension overcomes barriers to growth with £250,000 investment
Dundee based space technology firm Bright Ascension has reached a new frontier in its corpoate development after agreeing a switch to employee ownership.
The company, which has its headquarters at the city’s Laurel Bank and which also has an operational base in Edinburgh, played an instrumental role in Scotland’s first ever satellite launch in 2014.
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Bright Digital Marketing Limited
Bright Signals have successfully secured Scottish Enterprise RSA grant to continue its growth & success into next year
DC Consulting were delighted to assist the company in securing growth investment for the company.
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Albagaia exits Novarum diagnostics JV
In 2011, Albagaia invented the Smart Phone based test reader, which developed their Hydrosense rapid Legionella test, creating the world’s first and only on site real time monitoring system for Legionella risk. The company patented the technology in 2012 and went on to set up the NovarumDX Joint Venture, which allowed the company to enter the medical market and sell bespoke test readers to companies in USA and other parts of the world.
With assistance from John P Craig of DC Consulting, Albagaia have now sold their JV share in NovarumDX, whilst retaining an exclusive global license for water testing applications, to BBI Solutions OEM Ltd (BBI), the leading provider of lateral flow diagnostics and biological raw materials.
Further Reading:
Elliot Henderson Holdings Limited
DC Consulting helped arrange asset finance and working capital facilities totalling £546,000 for Elliot Henderson Limited, timber harvesting specialists based in Scotland.
DC Consulting were delighted to assist the company in securing growth investment for the company.
Dick Brothers Limited
DC Consulting helped arranged asset finance working capital facilities totalling £1.033 million for Dick Brothers Limited, timber harvesting specialists based in Scotland.
The asset finance came from both Lombard and LDF.
iHandover completes latest funding round
SaaS based knowledge transfer solutions company iHandover, has successfully completed its next round of funding.
As part of the funding the Edinburgh based company also announced that April Harbottle and Dr Vitaliy Smirnov will be joining the company to spearhead the development and push to market its leading product range.
The new investment, coupled with emerging business opportunities in multiple sectors, sets the stage for what promises to be a pivotal year for the Edinburgh based company. Over the past two years iHandover has continued to develop and refine its world class knowledge transfer solution.
Welcoming the next stage of investment CEO Ross McDowell said ‘It is great to see the Scottish Investment Bank support the company and recognise the fantastic opportunity to invest. In addition to this injection of capital, our new investors add considerable experience and will help increase our global representation. This latest round of funding coincides with our recently awarded RSA Grant from Scottish Enterprise, who have been vital in assisting and advising the business on critical matters such as R&D and International Trade. All of this will allow the business to significantly expand our Scottish roots and I fully expect our mix of youth and experience to make iHandover an international success story in the year ahead.”
Horizon Proteins Limited
DC Consulting provided corporate finance advice to Horizon Proteins in order to secure a six figure sum from the Scottish Investment Bank to assist with future development
DC Consulting were delighted to assist the company in securing growth investment for the company.
Disposal of Medical Diagnostics Distribution Company
DC Consulting successfully advised the vendor in this exit exercise.
Craft brewer 71 Brewing serves cheer in Dundee
Craft beer maker 71 Brewing has secured planning consent to build a new brewing facility in Dundee. The company, which was launched last year by Duncan Alexander and Mark Griffiths, has secured £650,000 in funding to convert a 7,200 sq ft industrial warehouse in the city centre.
Funding came from Scottish Enterprise, Regional Selective Assistance and The Scottish Investment Bank, as well as private investment.
The pair claim this will be the first brewery to launch in Dundee in 50 years.
Fit-out works on the 2,400L-capacity facility are expected to commence in March and the brewery is due to be fully operational in October 2016; Overseeing the installation of the brewery is brewing consultant David Smith.
Head brewer Duncan Alexander said: “There’s something in the water here that was justification enough for us to establish a brewery in Dundee, beyond the fact that I’m a very proud Dundonian and wanted the city to contribute to this great new beer revolution that is sweeping the country.”