Digging the Latest Small Business News

+1 202 555 0180

Have a question, comment, or concern? Our dedicated team of experts is ready to hear and assist you. Reach us through our social media, phone, or live chat.

Fusion Consulting Group Secures Large Debt Funding Package to Increase Acquisitions in Professional Services Industry

Fusion Consulting Group, a leading multi-disciplinary professional services firm catering to Private Clients and SMEs, has recently announced that it has secured an 8-figure debt funding package from alternative finance provider, Growth Lending. The funding will be used to accelerate Fusion’s ambitious Buy-and-Build program, allowing for the acquisition of larger and more prominent professional services firms.

Established in 2015 by Mitch Young and Adam Maurice, Fusion Consulting Group has quickly become a comprehensive advisory practice, offering a diverse range of services including Taxation, Accountancy, Financial Services, Recruitment, Legal Services, and Business Advisory. The firm’s unique approach of providing 360° advisory services to private clients, entrepreneurs, and SMEs has been a key factor in its rapid growth and success, a feat typically only achieved by the Big 4 for large companies and ultra-high net worth individuals.

Since its initial funding round in 2022, Fusion has successfully completed five acquisitions in just five months, adding two accountancy firms, two IFA firms, and a finance recruitment firm with CFO-as-a-Service capabilities to its portfolio.

Co-Founder of Fusion, Adam Maurice, expressed his excitement about the new debt funding, stating that it will allow the firm to pursue larger acquisitions as it continues to expand its Buy-and-Build program. Maurice also expressed gratitude to Growth Lending for their partnership and belief in Fusion’s vision as they embark on the next phase of their growth journey.

With a strong infrastructure in place, including over 85 employees across three UK offices and a growing team in Johannesburg, Fusion is well-equipped to deliver top-notch services and client experiences. The firm’s recent investments in talent and technology have further strengthened its capabilities.

In the coming months, Fusion will also be launching Fusion-Nexus, a bespoke web and mobile app designed to serve as a one-stop-shop for all of its clients’ professional services needs.

Co-Founder Mitch Young added that after a period of integration, the firm is eager to seek out high-quality businesses to add to their portfolio. The new funding will provide significant resources to execute larger transactions swiftly and expand their market share in the near future. Young also hinted at an upcoming acquisition announcement.

Regional Head of Debt Finance (London) at Growth Lending, Adam Brinn, commented on the partnership with Fusion, stating that they are thrilled to support a business with a compelling story, a scalable offering, and a strong leadership team driven to take the business to the next level. Brinn also expressed excitement for the ongoing success of Fusion and its Co-Founders.

Growth Lending specializes in providing bespoke funding solutions, including growth capital and acquisition finance, to fast-growing mid-market businesses.

Share this article
0
Share
Shareable URL
Prev Post

Revolutionary Cricket Play Goes to the Next Level with Notts Sports PICS, Bringing the Game to Unconventional Settings

Next Post

“Join the Fun and Support International Animal Rescue on International Orangutan Day!”

Read next
0
Share