Member Article

Huddersfield soil firm secures £250k investment

Huddersfield firm Rogers Geotechnical Services Ltd has secured a £250k investment from Finance Yorkshire.

RGS specialises in soil investigation and provides site consultancy services to the construction, property development and insurance industries.

The Equity Linked Investment from Finance Yorkshire is enabling the company to update its fleet of vehicles and invest in a new drilling rig as well as refurbish its soils laboratory at its Barncliffe Business Park premises.

RGS is a family-run firm with 15 employees and this year celebrates its 10th anniversary. Managing director Emma Rogers is supported in the business by her husband and operations director Chay and his father Steve who is technical director.

Emma said: “Despite difficult times through the recession, we have grown the business, largely by seeking new markets and we have got to the point where we needed to invest in new equipment, including a drilling rig.

“Finance Yorkshire’s investment provides capital to the business and enables us to maintain our position in what is a competitive sector.”

Finance Yorkshire investment director, Paul Gower, said: “RGS is an innovative, family business with a strong reputation for providing quality services. We’re confident our investment will support RGS in growing in size and scale, serving current and newly acquired customers.”

RGS was advised in the deal with Finance Yorkshire by Cathy Cook from Jordans Solicitors, Wakefield and by Martin Bown of My Management Accountant.

To date, Finance Yorkshire has made 617 investments totalling over £77 million.

This was posted in Bdaily's Members' News section by Clare Burnett .