National SME specialist boosts Leeds manufacturer with new investment

SME investor Newable Capital has announced its majority investment in a West Yorkshire manufacturer of cavity fire barriers.

Newable has invested an undisclosed sum in Leeds-based firm ARC Building Solutions, which specialises in the manufacture and supply of certified cavity fire barriers to the UK house building and construction markets.

The investment coincides with ARC’s factory move to Gildersome Spur in Leeds, which has doubled the capacity of the previous facility.

Newable Capital’s investment follows the recent appointment of Peter Barrand as managing director. Peter commented: “Newable Capital has been established to support excellent UK companies working at the heart of the economy.

“The team has screened over 300 investment opportunities this year and ARC is the first of a number of strategic investments we plan to make in the coming months.

“We are delighted to be supporting Andrew, Russell and the team through the next phase of growth.”

Founding shareholder at ARC, Andrew Danzey along with fellow founding shareholder Russell Irving, will continue with the company, which currently employs 60 members of staff.

Andrew commented: “ARC has been looking for a new investor for a period of time who can help provide the finance and support to help us drive the business forward as we move to the new factory, develop new products and expand across the UK.

“We are delighted to be working with Newable Capital to help realise the potential of the business.”