Vimeo logo Twitter logo LinkedIn logo

Case Studies

Header icon
Back to Case Studies
Business men Telling architecture image

Telling Architectural

Business men Telling architecture image

Staffordshire-based company will use MEIF funding to execute ambitious growth plans by expanding their facilities and supporting a recruitment drive

The Midlands Engine Investment Fund (“MEIF”) Debt Finance, managed by Maven Capital Partners (“Maven”), has provided Telling Architectural Limited (“Telling”), architectural façade design specialists, with a £750,000 loan to expand their facilities, creating 7 new roles in the region.

Architectural specialist, Telling, designs and supplies a variety of façade rainscreen systems, specialising in clay, brick, ceramic and stone cladding as well as Glass-fibre Reinforced Concrete (GRC) cladding in the UK. With offices in the UK and New York, the company has internationally built a reputation for its expertise in cladding, offering clients design services, technical assistance and installation support.

According to Market Research Future, the global GRC market is valued at approximately $1.83 billion (£1.48 billion) and is expected to reach $3.35 billion (£2.72 billion) by 2023 representing a CAGR of c.10.3%. Demand is heavily affected by trends in construction activity, which has been resilient due to investment from the private sector and government initiatives introduced to stimulate the residential market, growing adoption of environmentally friendly and lighter weight material to meet the new government nett zero carbon targets for construction by 2050.

Telling is backed by an experienced management team, which include Mike Wood, Chief Executive and Russell Clark, Managing Director, who both co-founded the business in 2002.

Mike Wood, Chief Executive of Telling, said, “It is the perfect time for us to receive this loan from MEIF Maven Debt Finance as our business is on a growth trajectory. The funding will be used to expand our facilities and support recruitment drive; enabling us to grow our team, continue to produce quality products and services, all whilst meet growing demand. We look forward to the exciting plans ahead.”

Sajid Sabir, Investment Associate at Maven said: “Telling is an established player in the UK façade and GRC cladding product market. The business was a pioneer in the UK market to introduce brick-faced GRC cladding products and is continuously working with customers to provide innovative solutions. It is truly an exciting time for the business, and Maven look forward to working with management to support their next phase of development.”

The deal was supported by Orbis Partners, who undertook due diligence on behalf of Maven.

The Midlands Engine Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Follow @midsenginv

Birmingham-based 9 Wholesale secured a £150k funding boost from #MEIF and @B_C_R_S to support its cashflow and create three new jobs.

Read the full story in @insiderwestmids: https://t.co/WRvFk7S8nn https://t.co/Ogxorvz7tn
MidsEngInv photo

Are you a #Midlands business owner looking to secure finance?

The @BritishBBank’s Business Finance Guide is a key tool, with information on speaking with investors and what finance type is suited to your business needs.

Download it here: https://t.co/2ePyWkBSKk https://t.co/6b5Lw7yn4v
MidsEngInv photo

#MEIF Equity Finance is well-suited to established businesses or large start ups with ambitious growth plans.

Find out more about the finance type here: https://t.co/vQd1Jk7PHJ https://t.co/6cl9DWZVj3
MidsEngInv photo

The #MEIF Early Assessment Report revealed that 84% of investee businesses now have greater confidence in raising private sector finance.

Read more about the fund's impact here: https://t.co/NnfU2oqVQm https://t.co/KStNhpIott
MidsEngInv photo

Northampton-based @HumleyAI is set to expand following a £700k investment from #MEIF and @Mercia_PLC.

The #AI company develops conversational assistants capable of manning helpdesks and answering technical enquiries.

Read more about the deal: https://t.co/lCzVTOyNBq https://t.co/ghWvUhwYNE
MidsEngInv photo
Find Out More

If you would like to meet with one of MEIF's appointed Fund Managers to talk in more detail please go to Funds Available to find the Fund Managers operating in your area

small business loans

Small Business Loans

£25k – £150k

Small Business Loans page
Learn More
debt finance

Debt Finance

£100k – £1.5m

Debt Finance page
Learn More
equity finance

Equity Finance

£50k – £2m

Equity Finance page
Learn More
proof of concept

Proof of Concept

Up to £750,000

Proof of Concept page
Learn More