Yard secures six figure equity investment from Finance Wales
Yard, the technical marketing agency based in Cardiff, has secured a six figure equity investment from Finance Wales.
Finance Wales provides SMEs throughout Wales with debt and equity investment to help them grow. The funds will be used to further the growth the agency has recently experienced, following the opening of a new office in Glasgow in July last year, as well as further innovating and expanding the agency.
Sam Macalister-Smith, who structured Finance Wales’ investment in Yard said: “Yard has built up an enviable reputation over the last 10 years, expanding significantly and taking on new staff since receiving a loan from Finance Wales in 2013. Stephan and Paul are focused on growth and our latest equity investment provides them with the financial backing they need to continue expanding. They can further invest in recruiting the high-calibre staff they need to boost a number of Yard’s specialist teams and strengthen the company’s position as a leading digital agency in the UK.”
Directors and co-founders Stephan Briggs and Paul Newbury commented on the investment: “We are delighted to complete the investment with Finance Wales and to continue our successful relationship with the team. We have a history of attracting and retaining the best talent in digital and our focus is on curating a team who are passionate about what they do and are encouraged by us to achieve their full potential.
“The investment from Finance Wales not only supports our existing growth plans, it enables us to continue to recruit the most exceptional and hard-working individuals. This strategy is critical to the future success of the business, ensuring that our expanding client base is guided through the continually evolving digital marketing landscape by the best minds in the industry.”
Founded in 2006 in Cardiff, Yard also has offices in Edinburgh, Glasgow and London and works with clients such as Sainsbury’s, Penguin Random House Group and British Gas.
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