Fast-Growing Quartix Secures New Debt and Equity Investment Worth Pounds 12m

Summary


A MID WALES supplier of vehicle tracking systems, Quartix, has secured a new debt and equity investment totalling more than pounds 12m.

Bank of Scotland Corporate, through its integrated finance team, have financed the deal, which also sees the bank taking a 20%equity stake in the business.

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Extract


Fast-Growing Quartix Secures New Debt and Equity Investment Worth Pounds 12m

The remaining 80% will continue to be held by the management team, which will continue to ...

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