Summertown-based Shaw Gibbs Corporate Finance has assisted in the recent completion of a £1.2 million investment into award-winning company DFx Technology, which designs and manufactures energy-saving solutions for global brands.
Shaw Gibbs helped to secure the funding from Percipient Capital, a leading provider of venture capital.
DFx Technology’s products are all manufactured and supplied from the firm's UK facility in Witney, Oxfordshire, and cover a range over three categories: Planetsaver LED lighting, Industrial Controls and RemSense Remote Energy Management Systems.
The funding will be used for a new, purpose-built manufacturing facility and laboratory designed to streamline production, aid product development and help service customers more efficiently. The investment will also provide vital growth capital to support the company’s future sales strategy.
The project was completed with Shaw Gibbs Corporate Finance working closely with DFx Technology to secure the funding. This included writing the business plan, preparing forecasts and introducing prospective investors. Shaw Gibbs Corporate Finance assisted DFx Technology throughout the process and project-managed the transaction through due diligence to legal completion.
Legal advice for the project was provided by Oxford-based law firm Blake Morgan.