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SME Capital supports EOT for Welsh agency staff provider

SME Capital is thrilled to announce our latest deal, completing the funding of an Employee Ownership Trust transaction for Total Staffing Solutions, a leading provider of agency staff to the healthcare sector and nursing homes in South Wales

Based in Merthyr Tydfil and supplying staff throughout the South Wales area, they are experts in providing staff to the Medical, Nursing, Education, Social Care, AHP/HSS and Personnel industries.

With over ten years of experience as a recruitment agency supplying both temporary and permanent healthcare staff to a broad range of clients, the team consists of former professionals who have many years of first hand experience of working in the healthcare sector, having a solid understanding the regulatory and legislative controls and frameworks that are relevant in the provision of healthcare. 

Total Staffing Solutions

Led by Regional Director Colin James, SME Capital have provided a bespoke long term funding package to support the Employee Ownership Trust transaction.

Commenting on the deal, Colin James said:

"It’s been an absolute pleasure working with the team at Total Staffing Solutions. The services they provide are an important part of health and social care services in South Wales and we are delighted to support their EOT transaction."

Chris Jones, Total Staffing Solutions, added:

"We have been delighted with the support provided by Colin and the team at SME Capital in assisting us with the transition to EOT ownership. This is a very important step for the business and SME Capital have been great in helping us structure the right funding package to support our Employee Ownership Trust transaction.”

Corporate Finance advice was provided by Craig Blackmore of GS Verde Corporate Finance.

If you would like to discuss in more detail 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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September 2023

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