Vehicle Converter

Vehicle ConverterProvided a total funding and management solution package into a £6 million turnover loss making business.

Initially, Advent re-structured the company, removing one of the incumbent shareholder/directors and the 3rd party funder/shareholder. With the new funding in place supported by increased banking facilities, Advent proceeded to work with the management team, developing new products and markets, increasing capacities and creating a world class manufacturing facility, turning the business back to profit within 4 months and setting it on a path to doubling turnover within an 18 month period. The journey continues.

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