Accounting Firm secures debt finance package through MEIF II

Accounting practice, Jackson Stapleton, has received a six figure funding injection from Maven through MEIF II - Debt Finance East and South East Midlands.

Jackson Stapleton Accountants was established in 2017 with a clear mission to redefine service excellence using traditional values, whilst harnessing the power of technology. In 2021 the business completed the strategic acquisition of Lincoln-based, Fawcett & Co to enhance its achievements and standards for clients in both locations.
     
The funding through the Midlands Engine Investment Fund II will support sustainable growth, enabling the acquisition of an additional practice in Retford to expand its regional presence and further develop its client base.

Through MEIF II - Debt Finance East and South East Midlands, Maven can provide flexible finance options to address a variety of business needs, including enhancing working capital, purchasing new machinery, capital expenditure, export finance, product development, and team expansion. The Fund has supported a number of businesses across the region to date, including Advance Tapes, a specialist adhesive tapes manufacturer, and DUKE Distribution, a logistics and trackway installation provider.

Pictured above: Harry Smith, Client Partner, and Mark Jackson-Stapelton, Managing Partner.

"In September 2024, we proudly acquired our third office in Retford, formerly known as Mill Accountancy. This acquisition marks another significant milestone in our journey, as we remain committed to surpassing past successes and setting new standards of excellence in accounting services. We believe that by continually investing in advanced technology and the ongoing development of our staff, we can offer more efficient and tailored services to meet the evolving needs of our clients. I would like to extend my sincere thanks to Richard and the Maven team for their excellent support in securing the necessary finance for this acquisition. Their expertise and dedication have been invaluable to our continued growth."

Mark Jackson-Stapleton, Managing Director at Jackson Stapleton

“Maven are excited to be supporting Jackson Stapleton through the Midlands Engine Investment Fund II as it expands its business. The business has a highly experienced management team, capable of growing the business and taking its service offering to the next level.”

Richard Altoft, Investment Director at Maven

"It is great to see finance from the Midlands Engine Investment Fund II being used by Jackson Stapleton Accountants to build on its success and explore new opportunities for growth and expansion while creating a positive impact in the local economy in the Midlands.”

David Tindall, at British Business Bank

The £400 million Midlands Engine Investment Fund II was launched in February 2024 and covers the entire Midlands region, providing debt finance from £25,000 to £2 million and equity investment up to £5 million to help a range of small and medium sized businesses to start up, scale up or stay ahead.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is looking at debt finance as a solution to fund future growth please click here.