• Fri. Mar 29th, 2024

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RMT Corporate Finance Team Advises on £6M of Fundraising in First Quarter of 2015

Screen Shot 2015-05-19 at 13.15.53The corporate finance team at RMT Accountants & Business Advisors has kicked off 2015 by recording its best fundraising first quarter for many years.
Since the turn of the year, the Gosforth based firm has advised clients on the raising of over £6m to support a range of development, investment and acquisition projects.
And this trend looks set to continue with further fundraising of £7m currently ongoing.
Greg Bolton, who leads the RMT CF team, believes the range of funding sources from which this capital has been raised indicates a widening and deepening confidence across the North East economy, and in regional companies’ ability to achieve their commercial objectives.
As well as helping to secure investments from several of the Finance For Business North East initiative funds, RMT has also raised new capital from high net worth individuals, bank lenders and the hard-to-access grants sector.
Clients to have benefited from this fundraising drive include North East car-buying company Car-Ching, which has opened three new branches across the region already this year.
RMT’s corporate finance team works predominantly with owner-managed businesses, and provides the full spectrum of corporate finance services for clients both within and outside the North East, from buying and selling companies and raising finance through to business valuations and transaction support.
 
It was named as Corporate Finance Advisory Team of the Year at the 2014 Insider North East Dealmakers Awards, a title it also picked up in 2012.
Greg Bolton says: “We saw momentum and confidence building during the second half of 2014, and this has increased significantly in the first few months of the new year across a range of industry sectors.
“The widening range of sources of capital that are available is an important indicator of improving confidence right across the regional economy, and we’re seeing bank finance becoming a little easier to obtain than it’s been for many years.
“The outlook for the rest of 2015 seems very encouraging, and our aim is to continue to be the catalyst which enables clients to put their business development plans into action.”
RMT provides the full range of financial and business advisory services through its Corporate Finance, Recovery & Insolvency, Medical and Specialist Tax divisions.  For more information, please visit www.r-m-t.co.uk

 

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