Member Article

Manchester-based Capital for Colleagues invests £2.7m

Manchester-based Capital for Colleagues the investment company that focuses on the Employee Owned Business (EOB) sector has announced that it has lent or invested a total of £2.7m.

The investment is spread across ten unquoted EOBs and 12 publically traded companies that have demonstrable employee engagement.

The companies that have been invested in include Greggs, BT group, Hire and Supplies Limited (`H&S’) and Lancashire Group.

Chief executive of Capital for Colleagues, John Eckersley, said: “This has been a further successful period of implementing our investment strategy, supporting companies with attractive fundamentals which also show a genuine commitment to employee ownership.

“As one of the only companies offering both investment and advice to companies in the EOB space, we believe we are ideally positioned to capitalise on the sector’s potential.

“We now have a portfolio of 22 companies and recently completed a crowdfunding which raised over GBP 300,000 to support future investments.

“We remain excited about the future and look forward to updating shareholders on the portfolio and our activities as we continue to seek out attractive returns for our investors.”

This was posted in Bdaily's Members' News section by Sophia Taha .