Duke Capital ( (GB:DUKE) ) just unveiled an announcement.
Duke Capital Limited has announced a follow-on investment of £3.3 million into New Path Fire and Security Limited, a buy-and-build platform in the fire and security sector. This investment will support New Path’s acquisition of Elite Entrance Systems Ltd, enhancing its capabilities in the security space and expanding its client base. The financing increases Duke’s total credit in New Path to £14.30 million and raises its ownership stake to 20.9%. This strategic move strengthens New Path’s operations in SE England and London, with over 135 employees and a customer base exceeding 10,000.
More about Duke Capital
Duke Capital is a leading provider of hybrid capital solutions for SME business owners in Europe and North America, combining features of both equity and debt. Since 2017, Duke has offered long-term financing solutions that eliminate refinancing risks and align returns with business success. The company focuses on capital preservation, attractive dividend yields, and providing upside upon exits. Duke is listed on the AIM market and is headquartered in Guernsey.
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