north east growth capital fund • NEL Fund Managers Limited - Page 2
Ion creating careers for young North East recruits with first intake to new training programme
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on March 11, 2021
The first entrants to a new graduate academy programme set up by a North East business technology firm have started their training and taken jobs with the firm. ION Industries specialises in providing cloud accounting, billing and revenue delivery services to mid-market companies in a range of market […]
Gateshead civil engineers taking centre stage with second investment from North East Fund
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on March 4, 2021
A longstanding North East civil engineering firm is taking greater control of its future after winning a second investment from the £120m North East Fund. G&B Civil Engineering provides civil engineering, construction, drainage and maintenance services for a wide range of well-known public and private sectors organisations, as […]
Depend Group’s new owners adapting growth plans with North East Fund backing
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on February 2, 2021
A successful North East adaptive living business is going for growth after a change of ownership with the help of a six-figure investment from the North East Growth Capital Fund Supported By The European Regional Development Fund. Dolphin Stairlifts (North East) and Shape Adaptations have been bought by […]
Sub-surface testing firm going for growth with second NEL investment
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on January 25, 2021
An expanding County Durham ground investigation business is aiming to more than double its turnover over the next 12 months with the help of a second investment from the North East Growth Capital Fund Supported by the European Regional Development Fund. Exploration & Testing Associates (ETA) opened a […]
Alpha Process Controls and Aldona Seals launching scale-up plans with Growth Capital Fund backing
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on June 3, 2020
Two newly-independent County Durham engineering firms are aiming to scale up their operations after securing six-figure investments from the North East Growth Capital Fund Supported by the European Regional Development Fund. Alpha Process Controls and Aldona Seals were both recently acquired from the Knorr-Bremse Group, the German parent […]
NEL Fund Managers records busiest ever investment quarter
Uploaded by Suzanne Smith in NEL News & Insights on February 18, 2020
The North East’s longest-standing business investor has recorded its busiest ever quarter as it continues to grow its portfolio of ambitious regional investees. NEL Fund Managers made 27 investments across Tyne & Wear, Durham and Northumberland in the final three months of 2019 from the two elements of […]
NEL Fund Managers passes £100m investments value landmark
Uploaded by Suzanne Smith in NEL News & Insights on October 1, 2019
The North East’s longest-standing business investor has taken the total amount it has invested in growing regional companies past the £100m mark. NEL Fund Managers has made 847 investments across the North East since being set up in 1989, helping to create and secure thousands of jobs within […]
£500,000 investment secures growth plans for Bastion
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on September 18, 2019
Newcastle based Bastion Security Products – a government and MoD-approved supplier of industry-leading physical security systems – has secured a £500,000 investment from the North East Growth Capital Fund Supported by the European Regional Development Fund to support rapid business growth and the creation of up to 20 […]
Thirty years of North East business investment for NEL Fund Managers
Uploaded by Suzanne Smith in NEL News & Insights on July 4, 2019
The North East’s longest-standing business investor is celebrating after completing three decades of investing in growing regional companies. NEL Fund Managers has made 826 investments across the North East worth a total of £98.4m since being set up in 1989, and has helped to create and secure thousands […]
Offshore engineering firm expands following management buy out
Uploaded by Suzanne Smith in Recent Investments, Growth Capital Fund on June 17, 2019
A North East-based offshore engineering firm has expanded and rebranded following an impressive 12 months of growth and a management buy-out. Fabricom Offshore Services, which has a history spanning over 30 years, was a subsidiary of French energy group Engie until it became Quanta Fabricom following its acquisition […]