Scottish refurbishment firm Insite Contracts Ltd has secured a £2m funding deal from Independent Growth Finance.
Based in the north of Glasgow, Insite has a client portfolio spanning the public, commercial fitout/refurbishment, industrial and retail markets.
Founded in 2004, Insite began its operations providing refurbishment and fit out services primarily within the office and healthcare sectors.
Initial success saw the company introduce an additional maintenance/FM service for a number of its key clients, followed recently by the formation of a subsidiary company, Insite Cladding and Roofing Ltd. which also predominantly operates in the refurbishment sector effectively complimenting their existing services.
Working across mainland Scotland and the North of England, Insite now employs over70 people, and achieved a 2015 revenue of £12 million.
Alan Anderson, ABL director – Scotland, Independent Growth Finance, said: “Insite is an excellent business to be involved with. The company’s success speaks for itself, as does the emphasis which its management team places on the organisation’s growth and development. This progressive attitude reflects the ethos promoted here at IGF, and for that reason we are excited to take this partnership into the future.”
Scott McMillan, managing director, Insite Contracts Ltd, added: “We are thrilled to have secured funding from a partner which clearly understands our business. By establishing a straightforward, efficient funding model, IGF has allowed us to focus on continuing our growth, and to deliver in the timescales set out at the beginning of the process.”
