YFM injects £1.5m into E2E

The fresh capital will enable the business to launch its NeatAccess communications node, designed to solve communications-based issues related to low-cost platforms, including airborne drones, unmanned aerial vehicles and small satellites.

As part of the deal, YFM has introduced Mark Hurley, a director of the GP's portfolio company Insider Technologies, to the E2E board.

The GP made the investment via its British Smaller Companies and British Smaller Companies 2 venture capital trusts.

Company
Dual-headquartered in Welwyn Garden City and Gateshead, E2E was founded in 1999. The company has historically provided technical consultancy and engineering services to the telecommunications industry, with a particular focus on satellite communications.

People
YFM Equity Partners – Andy Thomas (investment director).
E2E Engineering – Barry Ross (CEO).

Advisers
Equity – NEL Fund Managers (corporate finance); Keeble Hawson, Matt Ainsworth, Michael Hall (legal); Irving Ramsay, Michael Cook (financial due diligence); Access Partnership, Colin Thomson (commercial due diligence); Stratton HR, Anna Cornwallis (management due diligence).
Company – Bird & Bird, Richard Bloomfield, Struan Penwarden, Robert Taylor (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• YFM Group