raised £750,00 from its network of investors. The business was able to incorporate key
parts of the purchased company’s team into its R&D arm following a successful race to fend off
approaches from other major players in the industry.
With the threat of increased offers going to the
administrator, time was critical.
“After the CEO approached us we were able to secure the funds within 48 hours of
the initial meeting so that an exclusivity agreement could be reached with the
administrator. The total fund raising was completed within just four working days. As
with so many good deals, speed was the key to success.”