£250,000 loan from The North West Fund for Loans Plus to spearhead further expansion at Bowdon Group
An engineering support services company based in Cheshire can
now continue expanding thanks to a £250,000 loan from The North
West Fund for Loans Plus managed by FW Capital.
Turnover and profits have both risen
consistently at the Bowdon Group (Bowdon) since it was established
in 2008 and today the Group provides a comprehensive range of
specialist end-to-end support services to the engineering
Bowdon, which has expanded by acquisition,
will use the loan from The North West Fund for Loans Plus to
underpin further expansion and boost staff numbers.
“Bowdon Group has expanded successfully since
2008, winning contracts from both existing and new clients.
We’ve widened our capabilities, increased our sector focus and
built up our capacity so we can now provide clients with end-to-end
services closely tailored to their needs.
“The loan from The North West Fund for Loans
Plus has provided us with the capital to take advantage of the
growth in the UK construction industry and will help position
Bowdon as a market-leading provider of engineering support services
in the North West – creating new business and job growth
opportunities,” explained Chief Executive, Brian Benson.
As the parent company of a number of niche and
leading businesses in the engineering support sector, including
Skelair International, Sema Services and Ford Mainwaring, Bowdon
has consistently grown year on year.
The Group’s clients include public sector
organisations, leading contractors and major private companies.
The North West Fund for Loans Plus, managed by
FW Capital, is part of the £155m North West Fund and is financed
jointly by the European Regional Development Fund and the European
FW Capital Senior Investment Executive, Chris
Pestell worked with Bowdon to come up with a loan that would
provide the injection of capital the company needed. He said:
“Brian and his team have considerable experience in the sectors
they operate in. Bowdon has grown solidly under their leadership
and they have integrated a number of brands to provide an
“This loan will enable Bowdon to continue to
grow and expand further into engineering support services, with the
company looking at numerous job creation opportunities – from board
level through to engineering apprentices.”
The Bowdon Group provides a wide range of support services
including implementing major electrical projects; mechanical
service and maintenance; safety and security installations and