Higland Venture leads £1m investment in Ice Factor

Greg Gille
@unquotenews
10 September 2010

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Higland Venture, the Scottish Enterprise fund and founder Jamie Smith have injected £1m in Ice Factor, an ice-climbing wall operator based in Kinlochleven.

The fresh funds will be used to franchise the business in the UK and abroad. Ice Factor states that it is already looking for an additional site in Inverness.

Highland Venture members Robert Murray and Neil Cunningham have joined the company following the investment, as finance director and chairman respectively.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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