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South East Growth Fund
2nd Floor Orbital House
85/87 Croydon Road
Caterham, Surrey CR3 6PD
t: 01883 337111
e:mail@segrowthfund.co.uk
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Date of Initial Investment:
Sector:
Product/Service:
Stage:
Location:
Website:
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25 May 2007
Engineering
Repair and replacement of underground pipes without the need for excavation
Development Capital
Windsor, Berkshire
www.nationalpipecare.co.uk
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National Pipe Care is the trading name of Drainmate Limited, a company that exploits technologies to repair and replace underground drainage pipes without the need for major excavation. National Pipe Care has proven capabilities in this sector, having carried out no dig rehabilitation works for water companies, construction companies, owners of industrial parks and private residents. The technologies reduce cost and disruption to clients and lend themselves particularly to work on pipelines that are difficult to access such as those buried under buildings or roads.
Following two years of rapid growth at National Pipe Care, SEGF invested £250,000 to support the continued expansion of the company in response to huge market demand for its services. A Non-Executive Chairman has been selected to assist management going forward who will provide additional corporate governance and financial expertise to the management team. |
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South East Growth Fund is managed by West Midlands Enterprise Ltd. West Midlands Enterprise Ltd is a company registered in England No 1616121, registered office: Wellington House, 31-34 Waterloo St, Birmingham, B2 5TJ. Authorised and regulated by the Financial Services Authority in the conduct of its designated investment business. |
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