1st April 2021
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Maven Capital Partners has led a £1.5 million investment in Boiler Plan (UK) Ltd, a market disruptive online platform that sells, installs and services boilers across the UK. The transaction includes a £500,000 investment from the North East Development Capital Fund, supported by the European Regional Development Fund and £250,000 investment from NPIF Maven Equity Finance, part of the Northern Powerhouse Investment Fund (NPIF), both funds are managed by Maven. A further £750,000 was invested on behalf of the Future Fund, a government scheme backed by the British Business Bank.
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