Essex-based private investment group, Milbank Ventures, is to fuel its future growth plans with the support of a new funding deal facilitated by FRP Corporate Finance.
Essex-based private investment group, Milbank Ventures, is to fuel its future growth plans with the support of a new funding deal facilitated by FRP Corporate Finance.
Colchester-headquartered Milbank, which comprises a portfolio of eight businesses operating across a diverse range of markets, has secured a new £12.6 million facility from asset-based lending specialist Arbuthnot Commercial ABL. The deal, led by FRP Corporate Finance partner Chris Adlam, will drive further growth for the group as it continues to pursue both organic and acquisitive opportunities.
Family-owned Milbank, which traces its roots back to the 1820s, owns businesses in a range of different sectors including construction, agriculture, retail and marketing and currently employs more than 300 people across its portfolio.
