GE Capital invests £17m in Baird Group
Asset-based lending specialist GE Capital has provided two subsidiaries of Baird Group Limited with ТЃ17m of finance facilities.
BMB Clothing and Worth Valley Menswear will have the use of confidential invoice discounting and a revolving stock loan to support the companies' growth plans.
The investment will supply the firms with working capital in the region of £113m over the first year.
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 Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com
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