Ev Agrees Pounds 8.7m Deal for Clothing Firm Stake

Summary


The Birmingham office of venture capital firm EV has secured a substantial minority equity stake in outdoor brand Trekmates as part of an pounds 8.7 million deal.

Additional debt facilities were provided by The Co-operative Bank and EV said the funding package meant the business was well positioned to continue to grow.

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Ev Agrees Pounds 8.7m Deal for Clothing Firm Stake

Nottingham-based Trekmates supplies a broad range of outdoor clothing and accessories to more than 500 retailers in t...

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