Partnership Investment Finance

ETHOS SURFACE SOLUTIONS INVESTS IN NEW MACHINERY

  Ethos Surface Solutions, a specialist company in flooring systems for the commercial and industrial sectors, has secured a £48,000 investment from Partnership Investment Finance.

Scunthorpe-based Ethos Surface Solutions will use the cash to invest in plant and machinery to support its continued expansion.

The company provides a range of resin flooring applications for clients such as Marks & Spencer in the retail sector and several blue chip clients in the industrial sector.

Partnership Investment Finance is a £37m investment fund aimed at supporting growing businesses in Yorkshire and Humber. It aims to encourage enterprise and economic regeneration by providing equity investments and loans to eligible businesses in the region’s Objective 2 areas.

Ethos Surface Solutions Managing Director John Clayton said: “We have installed floors in aircraft hangars, factories and on the bridge decks of ships and we operate throughout the UK.

“Established in 1987 Ethos Surface Solutions brings its specialist knowledge and experience to the flooring industry and our management team has more than 50 years experience in our field.”

Partnership Investment Finance Lending Manager Peter Caffrey, said: “This is one of several companies we have supported in the Scunthorpe area – we recently invested £1.4m in specialist training provider 7KS. Ethos Surface Solutions is a very solid business with a strong track record and an excellent profile in its sector.”

Alex McWhirter, Head of Enterprise at Yorkshire Forward said: “PIF continues to source new investment opportunities across the region, particularly in areas that are often ignored by more traditional financiers. Ethos Surface Solutions is one of many companies to benefit from PIF’s support.”