Advise on £1.2 million Atkinson Vari-Tech
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North west commercial law firm Taylors have
advised Blackburn-based furniture manufacturer Atkinson Vari-Tech on
a major seven-figure investment.
Copyright 2006 - 2010 Taylors Solicitors
The £1.2 million investment from venture capitalist YFM
Private Equity will be used to expand the business. Atkinson Vari-Tech,
which was established more than 30 years ago and today employs 110
people, produces art, design & technology, food technology, ICT,
science and general classroom furniture.
YFM’s investment manager, Deborah Heyes, said the firm decided to
back Atkinson Vari-Tech due to it’s dedicated and market-focused
approach in a growing market.
“There is no doubt a massive opportunity in this sector and Vari-Tech
has laid the ground work to lead developments in a substantial way,”
she added. “Management’s experience and product range are second to
none and there are definitely exciting times ahead.”
Atkinson Vari-Tech was advised by the Business Deals team at north
west leading commercial law firm Taylors and the team was led by
corporate partner Adrian Leslie, who said:
“This was a challenging and complex deal. The locally based team at
Taylors is delighted to have been able to provide the legal resource
to get it done and support a strong and successful Blackburn company
in the next stage of it’s growth.”
Business Deals team
continue to provide expert commercial support together with a much
sought after local market knowledge and it is this that clients are
finding increasingly invaluable.