Transcend Corporate, the mid-market corporate finance advisory firm, has advised the shareholders of DB Systems Limited in raising equity finance to support its ongoing growth. The funding comes from equity investors WestBridge Capital
Tewkesbury-based DB Systems supplies state-of-the-art audio visual and IT equipment, interactive software and temporary network infrastructure to trade shows, large exhibitions and live events in the global events market.
CEO David Bulley said: “This is a very exciting time. I remain passionate about what we do and after years of carefully nurturing this business into a respected and trusted supplier, we now have a significant capital injection to help us realise our future growth potential. Transcend Corporate have been a huge help in introducing and delivering a complex package of equity and debt finance. Their willingness to roll up their sleeves and help overcome the numerous hurdles as the deal came together has been indispensable.”
Ian Curtis, Partner at Transcend commented “we are delighted to have provided the shareholders of DB Systems with a solution which will provide a fabulous platform for its future.”