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Quantuma has advised Croftstone Management Limited, an infrastructure consultancy firm, on securing working capital financing to fund its growth.
West Midlands-based Croftstone was established in 2011 and is a multi-disciplinary management consultancy providing end-to-end support for large scale infrastructure programmes. It has a footprint across both the UK and Canada.
The Quantuma team worked closely with Tony Cave, CEO at Croftstone, to understand its financial requirements and provide tailored advice.
The firm said this “collaborative” approach, led by Finlay Mcloskey, helped it secure a funding solution from Eric DeArmitt at Optimum Finance that will enable Croftstone to “effectively manage cash flow and support the business in pursuing its long-term aspirations”.
Tony Cave, managing director at Croftstone, said: “The guidance provided by Quantuma has been invaluable throughout this process. They’ve been there every step of the way, helping us secure the right funding to support our needs.”
Finlay Mcloskey, analyst in Quantuma’s Capital Advisory team, added: “We are delighted to have supported Croftstone in securing this funding. This deal highlights that our capability spans across the entire spectrum of finance, and we are able to support businesses at any stage in their growth cycle. I look forward to seeing Croftstone achieve great success moving forward.”
Eric DeArmitt, director at Optimum Finance, concluded: “SME businesses like Croftstone are the backbone of the UK economy and supporting them is what we do really well at Optimum Finance. Tony has been great to work with and we look forward to seeing the growth of the business.”
