Press Release:
River Capital, through its North West Business Growth Loan Fund, has announced a further £100,000 investment in Instacam Limited, a Liverpool based security systems provider specialising in CCTV tower rentals and security solutions for the construction sector.
This follow on investment builds upon River Capital’s initial £100,000 loan provided to Instacam in October 2022, reflecting the strong performance and growth trajectory the company has demonstrated over the past two and a half years.
Instacam has seen its CCTV tower fleet expand from 60 units to over 120 towers currently deployed across various construction sites, with many contracts extending through to 2028.
As a result of that growth, Instacam has gone from three staff members in 2022 to seven employees today, including five engineers and two accounts/admin support personnel.
The new £100,000 funding will enable the business to purchase additional CCTV towers to meet increasing client demand, accelerate new product development including innovative manufactured units by Trime, develop new Pod system technology, and enhance their competitive position in the security systems market.
Jim Moore, Investment Manager at River Capital said: “We are delighted to continue our support of Instacam, a business that has continued to grow steadily and who have performed strongly since the initial investment.
The management team’s expertise and hands on approach, combined with their strong industry relationships, positions them well for continued success in this growing market.
Alan Felton, Director of Instacam commented: “This additional funding from River Capital comes at the perfect time as we experience increased demand for our CCTV tower services and the investment allows us to expand our fleet significantly and accelerate our product development initiatives, particularly our innovative Pod system technology.
River Capital has been instrumental in our growth journey, and we’re excited to build on the momentum we’ve created over the past two and a half years.”
River Capital operates the North West Business Growth Loan Fund, providing growth capital to small and medium enterprises across the North West region.
The fund focuses on supporting businesses with strong management teams and clear growth strategies, particularly those creating jobs and contributing to regional economic development.
ENDS