Laboratory services firm to create new jobs with six-figure funding
A Doncaster business which provides decontamination services to research centres is set to expand after securing six-figure funding.
IP&C Solutions has secured a £150k loan to expand operations and increase its workforce from NPIF - Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund.
Founded in 2017 by Neil Anderson and Carol Duke, IP&C Solutions recently completed its acquisition of Wolverhampton company British Clinical Services (BCS).
The new funding will be used to hire two new members of staff to service the additional contracts as a result of the acquisition.
IP&C Solutions co-founder, Neil Anderson, commented: “We initially focused on building our client base but soon recognised the potential to expand our services. After working alongside BCS on a number of projects, we saw it was an ideal fit.
This funding will allow us to take on the additional workload, while continuing to build our expertise and our profile within the laboratories sector.“
Mark Dickinson and Kelvin Fitton from Smith Craven Chartered Accountants advised IP&C on fundraising while Andrew Best of HSR Law provided legal advice to the company.
Pete Sorsby, investment manager with Mercia, added: “IP&C Solutions has gone from strength to strength since its inception just over two years ago, and is now an established name within the industry with a loyal client base.
“This funding will enable Neil and Carol to expand the scope of their services and their geographical coverage and take the business to the next stage of development.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →