£6.75m BFS facility supports AMC acquisition of Linsco

AMC Private Equity Ltd. (AMC) has secured a £6.75 million funding package from Bibby Financial Services (BFS) to support its acquisition of Linsco Ltd., a Nottingham-based construction recruitment agency with 47 years of experience in the sector.

The funding, which includes an invoice discounting facility and loan, will help Linsco and AMC pursue their growth plans, with Linsco aiming to become the UK’s largest construction-focused recruitment agency.

The introduction to BFS was made by Pinnacle Business Finance through Mike Stevens, Business Development Manager for the South West. The deal was led by Glenn Souter, Corporate Business Development Manager at BFS, with support from Simon Thomas, Andrew Strike, Ian Bennett, and Jo Wilkins.

Jeff Cruddington, Partner at AMC Private Equity, said: “BFS supported us at every stage of the process. From the outset, they took the time to get to know our business and develop a clear understanding of our goals, ultimately creating a funding facility which was precisely tailored to our needs. Their speed and efficiency – completing the deal in under two months – made all the difference. Glenn and his team have been excellent partners, and we’re excited to enter this next phase for both AMC and Linsco Ltd.”

“Their ambitious growth strategy, combined with our team’s expertise in the construction and recruitment sectors, has created a strong foundation for success. We’re proud to provide a flexible invoice discounting facility to support both AMC and Linsco Ltd., and we look forward to seeing their continued growth.”