We are very pleased to have supported H.E.L Group (H.E.L), an innovative scientific instrument and software manufacturer, with a £3m refinance and working capital funding package.
With international sales and support offices, H.E.L has headquarters in Greater London, UK, including the companies’ research and manufacturing facilities. The global team has expertise across process and safety engineering, software design and development, electronics, mechanical design, and applications in chemistry, safety, and biotechnology.
Following significant growth, the company continues to extend the reach of its products to support and enable R&D and process optimization further across international markets. The extended reach includes the US, India, and China, where H.E.L has recently established a new subsidiary company. Introduced to ThinCats by Scott Barham at Connection Capital, the funding will enable H.E.L to refinance and provide working capital to achieve its longer-term strategic objectives.
“With a recent focus on our people, processes, and infrastructure, we have established a solid foundation for future growth. The funding from ThinCats will allow us to strengthen our innovation pipeline further and invest in new product development as we expand into high growth markets, such as biotechnology and energy storage. We will also continue to scale-up our international operations and, in particular, to build our presence in the US and Asia,” said Louise Madden, CEO of H.E.L Group.
Dave Sherrington, Regional Head of Sales, ThinCats: “The H.E.L offering is an exciting, niche business that knows exactly where its placement, products, and strengths lie, and the management team has a firm commitment to achieving their goals. We look forward to seeing their growth trajectory following this funding.”
We’re delighted to have this support from ThinCats – their approach was refreshing, as they took the time to understand our vision truly
Louise Madden, CEO of H.E.L Group