A Congleton-based marketing agency has received £250k investment from NPIF FW Capital Debt Finance.
TMC Strategic Communications have received the backing following “exceptional growth” over the last 18 months, including the setting up of the Copenhagen-based TMC Europe ApS.
The money will be used as working capital and to develop a new North West headquarters to accommodate its growing team. It’s already invested some of the cash in 6 new staff.
“Enabling us to accelerate the next phase of our growth ambitions, we have found that FW Capital are equally committed to our business goals and have already provided valuable expertise,” said Tim McCloud, TMC Managing Director.
FW Capital Senior Investment Executive Simon Berry added:
“TMC is a very innovative and fast-growing company with a strong management team. We are delighted to have been able to support them with this investment.”