The funding will be used by the Company as growth capital to strengthen their presence in the region.
MEIF Debt Finance, managed by Maven, , has provided a £150,000 funding package to Corporate Finance and Accounting experts, Sunaxis Limited (“Sunaxis”). The funding will be used by the Company to strengthen their presence in the region.
Founded in 2008, Sunaxis’ originally specialised in providing strategic, financial and transactional advice to shareholders, directors and management teams. They have since broadened their offering to cover support businesses on franchising, flotations, acquisitions, mergers and disposals.
Internationally, Sunaxis also provides management consulting services, mergers and acquisitions advisory services and equity and debt financing to business owners in a broad range of industry sectors through their international organisation Corporate Finance Associates Worldwide (CFAW).
CFA Nottingham (Sunaxis) provides management consulting services, mergers and acquisitions advisory services and equity and debt financing to business owners in a broad range of industry sectors. Specialism in the food industry, have led to the firm acting for franchise businesses and the completing work for a broad base of franchise firms in several different industries.
Backed by a dedicated management team, Managing Director Carl Chadwick was formerly a Partner at both PKF and Grant Thornton, leading all forms of corporate transactional activity ranging from shareholder and corporate reorganisations to raising capital for the development of clients businesses.
Carl Chadwick, Managing Director at Sunaxis said: “We are committed to maximising the value we deliver to our clients. We are thrilled to partner with Maven and the MEIF with this funding package to facilitate this next step for our business.”
David Tindsley, Investment Manager at Maven said: “A key benefit of managing the MEIF is our ability to support firms like Sunaxis across the Midlands and the UK, fueling their growth. We look forward to working with Carl and his team to drive the firm forward and strengthen our relationship with them.”
The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.
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