Innovative finance product for established firms continues to have sector to itself, with £100m tied up in 11 companies
Manchester-based inTEC Group has confirmed a further acquisition this morning, with Miller Waite.
The move follows a £7.7m royalty funding agreement with Duke Royalty earlier this summer. That deal included additional follow-on funding for more acquisitions.
Alternative capital provider Duke Royalty has entered into an CAD 8.3m (£4.8m) royalty financing agreement with Creō-Tech Industrial Group, it announced on Monday.
Manchester-based technology consultancy, inTec Business Solutions, has entered into a £7.7m royalty financing agreement with Duke Royalty.
Walsall-based architectural glass specialist United Glass Group (UCG) has secured a £4.5m follow-on investment from Duke Royalty to fund its latest acquisition.
The funds will be used by UGG to complete the strategic acquisition of London Architectural Glass (LAG), a UK supplier of bespoke architectural glass to premium residential, educational and heritage projects throughout the UK.
Outdoor lighting, railings and engineering products manufacturer Fabrikat has been sold in a management buy-out.
The Sutton-in-Ashfield business was sold by its two owners to the management team in a deal funded by Duke Royalty.
Duke Royalty, the provider of alternative capital solutions, has entered into a £6.2m royalty financing agreement with Meteor HoldCo, which trades as Fabrikat (Nottingham) in Sutton-in-Ashfield.
Formed in 1985, Fabrikat is a fabricator of steel products supplying the UK street lighting and guardrail markets.