Meridian Corporate Finance LLP (“MCF”) assisted South East of England based Safety Solutions (UK) Limited (“SSL”) raise an undisclosed amount of development capital and fund an element of cash out for one of the Directors of the business.
Formed in 1996 by Raj Lakha, Derek Stow and Toby Clark, SSL are one of the UK’s leading providers of certificated/accredited training and advisory services in safety and business continuity related disciplines to assist businesses and the public sector comply with the legislation and the rules of Risk Governance. It is also a leading international player and the funding will be used to further establish a presence in the Far East, India and the Gulf in particular.
Raj Lakha, Chief Executive at SSL comments, “We have been working with MCF for some time and we formulated our growth plans together. The funding is a critical stage of the development of the business and will fuel our continued growth and assist us in fulfilling our full potential”.
Commenting on the transaction, Darren Thompson of MCF said, “SSL is a great business with a first class reputation and management team; we are delighted to be associated with a company of this calibre”.
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