UK based Swanbridge Hire and Sales (SHS), an industrial scaffolding service, has secured £5.4m ($8.8m) of growth capital from The Business Growth Fund

Founded in 1998, the 14 year-old company, which is the first in Wales to be backed by the fund, will use the investment to create over 100 jobs. SHS, which is based in Barry, South Wales, will now expand into wider sectors.

The chief executive and founder of SHS, Paul Smith, said: “We plan to strengthen our…

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