Knight has recently advised Siphon Networks on its £1.5m investment from Finance Wales. Siphon Networks a Cwmbran-based solutions provider of advanced voice and unified communications technology. The investment from Finance Wales will accelerate the next phase of Siphon’s growth plan as it looks to increase its presence in the UK and Europe.
Steve Harris, MD of Siphon commented “securing this investment is a significant milestone for Siphon and demonstrates Finance Wales’ confidence in our business model as well as in our professional and technical expertise. Knight were instrumental in securing the investment and providing us with a range of options”.
Paul Billingham of Knight commented “ICT businesses with strong management teams continue to be held in high regard by institutional investors”
New Faces
Knight is delighted to announce that Jemma Price has joined the team in Warrington as Corporate Finance Executive. Jemma joins from HCP Social Infrastructure that operates a £12bn portfolio of PFI projects on behalf of private equity investors. Previously Jemma had qualified as a Chartered Accountant at Deloitte.
Warrington Office
The Knight Warrington team has moved into new premises in the heart of the town centre. 19 Bold Street overlooks Palmyra Square in Warrington’s Cultural Quarter and is less than 10 minutes walk from Bank Quay and Central stations ensures they are easy to reach from North, South, East or West on the rail network.