Azets has supported Turtle Doves, a design and manufacturing group, in securing additional working finance to fund its expansion and the creation of new jobs.
Specialising in post-consumer textile waste to make new cashmere garments and accessories, Turtle Doves currently operates with over 50 staff members.
However, the group, which has a flagship store on Wyle Cop in Shrewsbury, will see 70 new job roles created following the financing.
The positions come through outsourced opportunities in Wolverhampton and Leicester, and will be introduced as Turtle Doves also develops additional manufacturing capacity.
Graham Holbrook, CEO at Turtle Doves, said: “We’re delighted to have secured this finance, which enables us to capitalise on our recent success and accelerate further expansion. Azets has been invaluable in helping us to achieve this.
“The team has made us feel valued, whilst offering clear, pragmatic and commercially focused advice. It’s an exciting time for Turtle Doves and we look forward to working with Azets as we continue on our growth journey.”
The funding package represented the inaugural use of Azets’ strategic partnership with cashflow forecasting software business Fluidy, which has included SME funding since June 2021.
It marks a decade of partnership between the firms, with James Dawson, partner at Azets Shrewsbury, and Mark Huddlestone, funding and strategic partnership director at the firm, working on the deal.
Huddlestone added: “Having worked closely with Graham over a number of years, it’s been a pleasure to support Turtle Doves and we’re pleased to get this finance deal over the line.
“It’s particularly pleasing to support a British business with strong values around sustainability.”