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Sizeable investment for 1st Group

by Kevin Rose
23 May 2012
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The 1st Group has garnered a six-figure equity investment from FW Capital in order to help it with its growth plans.

The Newcastle-based property group is looking to expand its range of services and enter new markets across the asset management, valuation and surveying sectors.

“Our management team has over 80 years’ combined experience in property and financial services and our practical approach has helped us win new business and build our reputation,” said Graham McIntosh, 1st Group’s chief executive.

“We’re always looking for new ways to minimise costs and maximise value for our clients and we’ve spotted an opportunity to capitalise on our market insight.”

FW Capital made the investment from the £20 million North East Growth Plus Fund which can provide single-round investments of between £350,000 and £1.25 million.

Rob Jones of FW Capital, who led the deal, said: “We’re pleased to back the 1st Group with this investment. They’ve spotted an opportunity and created a strong market offering by drawing upon their combined knowledge and technical expertise.

“We’ve been extremely impressed by their commitment to providing their clients with the highest quality of service.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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