Commenting on the announcement, Mitch Young said “We are proud to be one of the first firms in the UK to offer holistic advisory across our portfolio of expertise specifically targeted at SME’s and Entrepreneurs. Our offering ticks the boxes for what the next generation of entrepreneur is looking for by providing a blend of expert advisory and technology to add value and help them achieve their goals.”
Fusion will be investing heavily in both people and technology to deliver a best-in-class offering to expand its existing portfolio of services and to further enhance its client experience.
The business has built its existing group partly organically but also has completed a number of acquisitions since its inception in 2015. Fusion will be commencing a buy-and-build program in 2023 to consolidate existing advisory firms under the Fusion brand.
Adam Maurice added “Further acquisitions are paramount to us being able to deliver our strategic vision and I am delighted to be working with the team at SME Capital who completely understand our vision and are providing significant funding to enable us to deliver our buy and build strategy”.
Fusion completed its most recent acquisition in 2021 and already have a number of potential deals in the pipeline.
As Fusion continues to execute its plans, the company will shortly be announcing a number of key hires to expand its leadership team.
Kenny Hughes, Co-Head of Origination, at SME Capital added “From our initial meeting we were immediately impressed with the management team, their entrepreneurial ambitions, and the disruptive operating model they have created to shake up the professional services sector. We are delighted to have the opportunity support Adam and Mitch at this stage in their journey and look forward to working closely with them on future acquisitions.”
Richard Sealy, Katrina Groark and Rebecca Lakhani at Gately Legal provided legal advice to SME Capital.
If you would like to discuss growth financing in more detail or our wider funding capabilities do get in touch.
About SME Capital
SME Capital was founded to support the growing number of SMEs who face difficulty or frustration in accessing capital through traditional methods. We understand the importance of real and trusted relationships in the SME lending market and have dedicated Regional Directors based across the UK. By combining traditional lending expertise with the latest in data analytics, we are supporting established UK SMEs with their long-term objectives and business ambitions.
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