January 2025 update
The new year is gearing up to be a strong one for growth and we’re proud to spotlight recent activity from our investment portfolio.
FDC exit rail support specialist following 8-figure acquisition
??Location: Chesterfield
?? Sector: Rail
Harry Needle Railroad Company – the UK’s leading independent provider of locomotive hire, storage and maintenance – has been acquired by the Austrian rail contractor Swietelsky for an eight-figure sum.
The deal will enable Swietelsky to expand its operations in the UK and provided an exit for Harry Needle’s main funder, FDC.
Commercial contractor set for growth after 7-figure buy-out
??Location: West Midlands
?? Sector: Services
??Investment: ￡720,000
Midlands commercial contractor and a third-generation family business, GI Sykes is set for growth following a seven-figure management buyout supported by funding from Frontier Development Capital and Mercia Debt.
The buy-out gives control of the business to the existing management team led by Richard Downs, who becomes Managing Director, and including fourth-generation family member James Sykes (Operations Director), Anthony Bennett (Contracts Director) and Dan Westbury (Commercial Director).
UPCOMING EVENT: Network and nibbles
??Location: Stone, Staffordshire
?? Date: Tuesday 11th February - 12pm-2pm
Are you a business leader looking to connect with other professionals in a relaxed and welcoming atmosphere? Want to meet the FDC investment team and find out how we can support your ambitions?
Come join FDC alongside BCRS for a free drink and a bap and tell u about your upcoming growth plans.