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16th January 2019

Maven managed funds leads £1.95m investment in Dyer Engineering

Maven Capital Partners has, through its management of two regional funds, provided £1.95 million of capital to Dyer Engineering Ltd, the largest independent engineering business in County Durham. The North East Development Fund, supported by the European Regional Development Fund and the Finance Durham Fund, established by and using funds from Durham County Council have respectively invested £1 million and £750,000, with an additional £200,000 sourced from a local private investor. The investment will support the company’s growth plans to exploit new opportunities in multiple industries and will create up to 100 new jobs in the region.

 

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