Member Article

Agile Group receive funding for Expansion

Stockton based IT and Communications specialists Agile Group have announced that the company has secured a six-figure investment that will allow for expansion and development.

Through sources including Northstar Ventures, Lloyds TSB and the Regional Growth Fund programme, Agile Group have secured the funding that will allow the company to kick on from the success in recent years

The company has expansion plans in place which includes the recruitment of new staff, the development and moving into a new premises as well as building a state-of-the-art Data Centre.

Agile Group Managing Director Simon Scotchbrook said “the funding that we have secured is testament to the team at Agile and the work we have put in over recent years. Everyone associated with the company is excited to have secured these funds and be part of the development of Agile Group”.

Richard Charnley, Investment Manager at Northstar Ventures, said “Simon Scotchbrook is an impressive individual with a good team behind him. When he and the team at Agile presented their plans to us we were struck by their commitment, focus and drive to making Agile a success.”

Agile would like to place on record their thanks for Northstar Venture, Lloyds TSB and the Regional Growth Fund programme for their support with the funding

This was posted in Bdaily's Members' News section by David Elvis .