ACABL provides £3m funding package to fire suppression specialists

Arbuthnot Commercial Asset Based Lending (ACABL) has completed a £3 million funding package for Reacton Fire Suppression Ltd and Fireward Limited, a global manufacturer and distributor of fire suppression systems.

The funding solution, structured by ACABL, includes a £2 million confidential invoice discounting facility and a £1 million Growth Guarantee Scheme Loan Facility. This comprehensive package will refinance the group’s existing facility and provide additional working capital to support their continued expansion in the fire suppression market.

Reacton, founded in 1968 and acquired by its current owners in 2016, operates from a state-of-the-art headquarters in Chelmsford. The company is a leader in manufacturing advanced fire suppression systems and holds 10 industry certifications—more than any of its competitors. Reacton serves global markets, including the bus and coach, CNC machinery, and heavy plant & machinery sectors.

Fireward, established in 2010, acts as Reacton’s UK distributor, specialising in installation, service, and support for mobile plant and machinery. Together, the companies have demonstrated exceptional growth, bolstered by investments in product certifications, approvals, and an enhanced management team.

Sam Malins, Group CEO of Reacton and Fireward, expressed his enthusiasm for the partnership with Arbuthnot: “Arbuthnot instinctively understood what we needed to achieve and put together a very competitive offer. We have enjoyed substantial growth and are confident that with the excellent support of Arbuthnot, we will accelerate our business journey even faster.”

Ed Barnes, Group CTO, highlighted the company’s competitive advantage: “Simply put, we are the most comprehensively certified provider of what we do. This is a tremendous competitive advantage. With the new facility in place, we have a springboard to consolidate our global distribution and expand our territories internationally.”

“We are pleased to provide this flexible funding package to support Reacton and Fireward. These companies lead the market with innovative technology, diverse revenue streams, and a strong growth trajectory. Our success in winning this mandate stems from a thorough understanding of their ambitions and crafting a tailored working capital solution that addresses the specific needs of the business. With extensive experience in the fire safety sector, we look forward to supporting the next exciting phase of growth.”