PRINT specialist AlphaGraphics is expanding after the acquisition of one of its key clients.

The Stockton-based company has received a loan through NPIF - FW Capital Debt Finance, managed by FW Capital and part of the Northern Powerhouse Investment Fund (NPIF) to safeguard six jobs and create two new roles.

AlphaGraphics, is a cross media marketing specialist business with three locations across the North of England. Founded as a traditional printing business in 1993, it currently employs 69 staff and two directors, with a turnover of more than £7.5m.

Read more: £750,000 from NPIF helps metals research in Middlesbrough

Clients include NHS England, Durham University, The Premier League and Arriva Group. AlphaGraphics successfully pivoted during the Covid-19 pandemic to launch a new service offering tailored social distancing signs for commercial and corporate clients.

Now the company is expanding further following the acquisition of Class Fundraising, a company which raises funds for schools by providing products personalised with the children’s own designs. The NPIF investment will provide additional working capital to allow for growth following the deal.

The deal was facilitated by FW Capital Investment Executive Andy Castle, following an introduction by Graham Cornforth, of Azets.

Andrew Dalton, AlphaGraphics Managing Director, said: “Working alongside NPIF and FW Capital, this investment will allow us to successfully implement our growth strategy and realise our ambitions. We are now well-placed to move the business forward and take advantage of fantastic opportunities."

 

Keep up to date with all the latest news on our website, or follow us on Facebook, Twitter and Instagram.

You can also follow our dedicated Teesside Facebook page for all the latest in the area by clicking here.

For all the top news updates from right across the region straight to your inbox, sign up to our newsletter here.

Have you got a story for us? Contact our newsdesk on newsdesk@nne.co.uk or contact 01325 505054