Black Diamond set for high-tech boost with £60k investment

A Doncaster-based business specialising in technology-led security is set to enhance its high-tech offering after securing an investment from Finance Yorkshire.

Black Diamond Security, which operates primarily in the rail and construction sectors, has secured a £60k loan from Finance Yorkshire’s Business Loan fund which it will invest in additional fixed and mobile CCTV equipment.

The business was established in 2010 by directors Martin Hawley and Ian Raeburn, who used their previous experience in rail and construction to establish a technology-led service which meets the needs of clients in the Infrastructure and Utilities, Industrial and Commercial sectors. Among Black Diamond’s clients include Network Rail, Keir and Babcock.

Black Diamond was recently selected by VINCI Construction UK to fulfil a six-month contract that involves providing manned guarding and asset protection at Nottingham Train Station’s multi-storey car park.

Martin Hawley explained: “Our client is Network Rail and we therefore had to be RISQS approved prior to securing the contract. This is the UK rail industry supplier scheme which provides a common registration, qualification and audit process for suppliers to the industry, and it confirms that we operate to the highest possible standards.”

Black Diamond has developed, in-house, a range of fixed and rapid deployment camera systems, specifically for the rail and construction sectors.

The £60k boost from Finance Yorkshire will allow the business to invest in similar high-tech security equipment, the demand for which is currently outstripping supply.

Martin added: “The demand for high tech security equipment including both fixed and mobile CCTV systems, offering features such as time-lapse photography, has never been higher, and the Business Loan from Finance Yorkshire will play a vital role in helping us meet the demand.”

David Ward of Finance Yorkshire also commented: “Black Diamond Security has capitalised very effectively on the previous industry experience of directors Ian and Martin, and in a short space of time has established itself with a raft of major clients. Its focus on technology and the highest industry standards has clearly reaped rewards, and we’re delighted to support them as they continue to grow.”

Black Diamond Security also received investment from Handelsbanken.

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