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Coventry Chemicals announces record £23million revenues and unveils new identity, Mirius. Company success follows heavy investment into new machinery and materials

Coventry Chemicals has announced record-breaking revenues of over £23m, an increase of 30% over three years following a period of significant investment in new plant and machinery. Building on this success and to reflect its ambitious growth plans in the UK and internationally, the business has unveiled a new identity, Mirius. Playing a pivotal role in Mirius’ performance in recent years has... Read more

Richborough Estates has received a multi-million pound investment from Finance Birmingham and Frontier Development Capital

• Land promotion company Richborough Estates LLP receives multi-million pound investment from Finance Birmingham and Frontier Development Capital • Deal will enable the business to unlock new plots of land to be sold for housing development and create 240 new jobs in 2018 Richborough Estates LLP, a Birmingham-headquartered land promoter, has received a multi-million pound investment... Read more

Previous investee eTech has been acquired by California counterpart

eTech Solutions Limited (eTech), a market leading provider of mobile surveying and workflow management software for the property services industry, announced the completion of the Company’s acquisition by CoreLogic® (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider. Read more via eTech For more information about the original investment deal click... Read more

Midlands-based property development HDD has secured a £2 million investment

• Company to set up new headquarters in central Birmingham • Deal provides facility to invest equity in development opportunities • Investment from Finance Birmingham’s £56 million Regional Mezzanine Fund – open to all SMEs in the West Midlands Midlands-based property development company Henry Davidson Developments (HDD) has secured a £2 million investment from Finance Birmingham on... Read more

Pure Business Solutions, a Finance Birmingham investee business, has been sold to PMGC

Pure Business Solutions, a Finance Birmingham investee business, has been sold to PMGC, a rival Vodafone Total Communication Partner. The acquisition merges two independent telecoms and IT providers, creating the UK’s third largest provider of mobile solutions, with over 70,000 connections and annual revenues of around £20m. Pure was established in 2006 by Marcus Richardson and Gavin Tedstone... Read more

A Birmingham-based manufacturer of vehicle registration plates has received almost £10million of investment from Finance Birmingham

Funding package for the world’s third largest number plate manufacturer Growth capital supporting the continued expansion of the group following its recent acquisition of France’s top registration plate manufacturer Collaboration of investments from Finance Birmingham, Birmingham City Council, NatWest Corporate and Commercial Finance and RBS Invoice Finance A Birmingham-based... Read more

The £1.25m funding, provided through Finance Birmingham, will enable Shirley-based eTech, to further develop its existing product offering and generate additional traction in the surveying and lending sector.

Funding will support product development in new and existing markets Company supported by the £56m Mezzanine Fund, supported by the Regional Growth Fund The £1.25m funding, provided through Finance Birmingham, will enable Shirley-based eTech, which provides an end-to-end software solution to customers in the Energy Assessment and Mortgage valuation sectors, to further develop its existing... Read more

A fast-growing West Midlands-based electrical services contractor is on track to double in size within three years after securing £500,000 of investment from company shareholders and Finance Birmingham.

£500k of growth funding from Finance Birmingham and existing shareholders In 12 months, ON-POWER’s revenue has grown from £2.5m to £7m Company works with household names including HSBC and Sainsbury’s A fast-growing West Midlands-based electrical services contractor is on track to double in size within three years after securing £500,000 of investment from company shareholders and Finance... Read more

A Midlands-based firm that provides software to manufacturers, finance companies and dealerships has secured a £700,000 investment from Finance Birmingham.

A Midlands-based firm that provides software to manufacturers, finance companies and dealerships in the automotive sector to help them retain customers, has secured a £700,000 investment from Finance Birmingham. The funding will enable Chrysalis Solmotive Ltd (Chrysalis Global) to more than double its headcount by creating 32 new jobs as well as pursue international expansion plans across North... Read more