Fresh Thinking Advisory supports on £6.5m deal set to fuel growth plans - Insider Media
Summary
People advisory firm New Street Consulting Group (NSCG) has raised \xa36.5m to accelerate its growth plans. Leeds-based Fresh Thinking Advisory supported the management team in developing the funding round and securing a deal with White Oak UK, a specialist SME funder.By providing impartial support to businesses when dealing with lenders, Fresh Thinking Advisory assists firms looking for a wide range of secured and unsecured finance options.The company offers a whole market funding advice service and leverages its knowledge and connections to assist clients in obtaining and renegotiating debt financing.The deal marks the end of a busy quarter for Fresh Thinking Advisory, which has seen it support regional companies in raising over \xa310m in funding.Andrew Walls, director at Fresh Thinking Advisory, said: "A strategic review revealed several viable options for NSCG, given its high-quality customer base, robust internal controls, and exceptional finance team. "After evaluating the groups long-term strategic objectives, Fresh Thinking Advisory concluded that a combination of several facilities would be the most suitable solution. "Working with Fresh Thinking Advisory ensured we could bring new expertise and experience to the management team to expedite our fundraising. The team helped us secure a funding partner that understands our business and goals."