Partner Article
Newcastle’s Winn Group lands multi-million pound funding to pursue acquisition opportunities
NatWest has granted Newcastle solicitors Winn Group an eight-figure refinancing arrangement to help the firm carry out its business growth strategy.
The business, which specialises in non-fault road accident and employers’ liability claims for clients, was founded in 2002 by Jeff Winn and now employs 263 members of staff across the group.
Winns, which recently moved its banking facilities to NatWest, is actively seeking new acquisition opportunities to support its business growth ambitions.
Iain Richardson, Finance Director, said: “New case volumes have grown significantly over the last few years as we expanded our overall offering to clients and increased our workforce.
“Over the next few months we hope to develop our services and target new markets as we roll-out our acquisition strategy. We chose to move to NatWest as we have been impressed with the bank’s commitment to supporting businesses like ours in our growth opportunities.”
John Dryden, Relationship Director at NatWest, said: “We are delighted to support Winn Group with this financing package which supports the firm’s growth aspirations.
“We have been very impressed with the management of the business and their successful track record. It’s an exciting time for Winns and we look forward to supporting them for many years to come.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs