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Taylors Advise on £1.2 million Atkinson Vari-Tech Investment

» Posted on: 20 November 2006
» Posted by: Taylors Solicitors
» Service area: General

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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.

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.”

Taylors 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.

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