New Prestigious Base for Barnsley Company
Published: 31st July 2007
Pictured from the left are Charles Lilley, of the Capex Group; Paul Howell, of HSBC; Rob Watson, of Gibson Booth and Kevin Steven of SYIF.
A successful Barnsley-based company that specialises in working within the health sector has moved to new premises thanks to a £50,000 loan from South Yorkshire Investment Fund.
Capex Group was formerly based in the Barnsley Business and Innovation Centre (BBIC) based at Wilthorpe. Capex has spread its wings and moved to a prestigious new office at the borough’s new Capitol Park development in Barnsley – just off junction 37 of the M1.
Set up just five years ago, the company has gone from strength to strength and now employs 50 staff recruited locally.
Capex Group works exclusively in the health sector implementing technology. The group comprises two companies – Capex Health IT, which provides health IT products and services, for example software supporting health professionals in hospitals, and Capex Health Services which provides a range of technology-based health services such as Genio, a new online antenatal screening service offering pregnant women greater choice than the standard service available from the NHS.
Charles Lilley of Capex Group, said: “The loan has helped us to move to new prestigious premises in Barnsley’s latest development area, with good access to the motorway network. The move will provide the company with an ideal base to build on its plans for growth.”
Kevin Steven, Investment Manager for SYIF, said: “The Capex Group is the type of organisation we want to be involved with. It is highly successful and provides jobs for residents from the surrounding area. We wish them all the best for the future.”
SYIF provide loans, equity linked packages and seedcorn finance ranging from £15k to £2.5m to businesses already in, or prepared to relocate to, South Yorkshire. For more information on how SYIF can help businesses, please call 01709 386 377.
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About South Yorkshire Investment Fund
South Yorkshire Investment Fund provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.
Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.
South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.
Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.
For further details please contact Suzanne Tinkler, on 0845 649 0000.
South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).