Cable specialist planning for growth thanks to £2.5m investment
Private investment specialist Foresight Group has invested £2.5m in North Wales-based software provider Cimteq.
The deal is the 13th investment by the £58m Foresight Regional Investment Fund (“FRIF”), which is focused on North Wales and the North West.
Since December 2015 the fund, backed by local institutional investors including the Clwyd Pension Fund, has supported the creation of 260 new jobs.
Cimteq marks the Fund’s first investment into the thriving North Wales SME community, supporting growth in the region.
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