Friday, 27 July 2012

Seneca Group Investment Deal

Further to our announcement on the website in June as part of our 15 year anniversary article, it has been reported in recent press articles that Groundlevel has secured the financial investment of Seneca Group to back its further expansion.

Seneca has taken a minority stake in Groundlevel, and we are delighted to welcome Tim Murphy and Richard Manley who will take a seat on our Board. This investment underpins our plans for growth and is a boost to our staff who remain committed to their professions and ambitious in their desire to succeed.

Manchester Evening News (MEN Media) reported the investment on 4th July. "Groundlevel cash fillip to soar to new heights. FAST-GROWING facilities management firm Groundlevel have today announced a £450,000 boost to fund its expansion. Groundlevel, which is based in Warrington, has received backing from investment business Seneca Group and FW Capital”

The news was also reported by Insider News on the same day. “Independent corporate finance and wealth management group Seneca has taken a minority stake in Warrington-based Groundlevel.”

We would like to take this opportunity to extend our appreciation to our supplier partners who have continued to support us; we look forward to continuing the relationships for many years to come. Thanks also to our valuable clients and customers, this boost will enable us to continue to invest in the business, ensuring that we remain competitive and dynamic in the services and technologies that we can offer.

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