Shuropody, a Coventry, UK-based specialist footcare provider, has received a £3m growth financing from the Business Growth Fund (BGF).
The investment is comprised of £1.5m of ordinary shares and £1.5m of loan notes.
The company intends to use the capital to expand upon its current garden centre based sites, as well as the introduction of new community service locations.
Founded in 2007 by Managing Director Frank Duffy, Shuropody offers podiatry services and comfort-focused footwear products. It has local branches in Birmingham, Coventry, Leamington Spa and Stratford-Upon-Avon within its 63-strong national store network.
The company has 400 employees, of whom almost 150 are medically qualified podiatrists.
FinSMEs
10/09/2012