Doncaster decontamination business borrows £150,000 to expand
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IP&C Solutions secured the funding to support growth following its acquisition of British Clinical Services. IP&C decontaminates laboratories and Wolverhampton-based BCS installs lab safety cabinets.
The two businesses, which are amongst only a handful of such specialists in the UK, between them serve clients including Oxford and Cambridge universities, the NHS and Cancer Research UK.
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Hide AdIP&C Solutions, of King Oswald Rd, Epworth, Doncaster, was founded in 2017 by Neil Anderson and Carol Duke, a former BCS technician who has more than 20 years’ experience in office management.
Neil said: “We initially focused on building our client base but soon recognised the potential to expand our services. After working alongside BCS on a number of projects, we saw it was an ideal fit. This funding will allow us to take on the additional workload, while continuing to build our expertise and our profile within the laboratories sector.”
The acquisition of BCS enabled the previous owner to retire. It will continue to trade under its existing name.
IP&C borrowed £150,000 loan from NPIF - Mercia Debt Finance, which is part of the Northern Powerhouse Investment Fund.
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Hide AdThe Northern Powerhouse Investment Fund is supported financially by the European Union using cash from the European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank. NPIF is run by the Sheffield-based British Business Bank.