Four Communications, a London, UK-based independent communications agency, received a £10m equity investment.
Business Growth Fund made the investment and took a minority stake in the company. As part of the investment, the business also secured an additional debt facility from HSBC.
The company intends to use the funds to expand operations making a number of acquisitions in the UK, Middle East and South East Asia.
Founded in 2001, Four provides services including public relations, public affairs, marketing, sponsorship, digital & content and media planning & buying with a particular focus on the property, travel, culture, healthcare, financial services and public sectors.
The company, which also has offices in Edinburgh, Abu Dhabi and Dubai and employs over 200 staff across its four offices, had a turnover of over £32m in 2014.
It has over 600 clients across a number of sectors including Etihad Airways, The Man Booker Prizes, Sotheby’s International Realty, Intercontinental Hotels Group and Kinleigh Folkard and Hayward.
FinSMEs
05/08/2015