Day: 4 April 2019

eCommerce

The Hut Group secures £770 million revolving credit facility from

The Hut Group Limited (“THG” or the “Group”), one of the world’s largest online Beauty & Wellbeing businesses, today announces newly improved Group banking facilities, in excess of $1 billion (USD). The enhanced facility will support upcoming major investments in Beauty, Technology and Infrastructure, enabling the Group to continue to deliver on its growth plans. […]Read More

Business Software

Intechnica secures £2.85 million investment from Mercia

Intechnica – the Manchester-based technology business – has closed a £2.85million funding round. The lead investment of £2.0million came from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. An additional £750,000 was invested by Mercia Technologies PLC and £100,000 by existing private investors as […]Read More