Hull-based digital printer Springfield Solutions is set to expand after securing funding from HSBC UK.
The firm, which was set up in 1975, specialises in print, media and brand management. Its services have expanded into audgmented and virtual reality in recent years.
As part of the growth strategy, chairman and founder Albert Dass will focus on special projects, with his son Matt Dass (above) stepping into the managing director commercial and innovation role.
Matt Dass said: “All parties have worked closely and collaboratively resulting in the management team having the financial resources to take the business to the next stage of its development.”
Dan Wilson, relationship director HSBC, added: “It has been a pleasure to support such a long- standing client with these new facilities which will provide them with the financial resources to continue to grow and develop the business under the leadership of the next generation of the Dass family.”