Derby concrete contractor secures growth funding
A Derby-based firm that specialises in concrete and ground remediation has been supported with growth funding from Thincats.
Established in 2013 and employee-owned since 2021, Restek uses Ground Penetrating Radar (GPR) technology and software to deliver precise remediation solutions nationwide.
The funding from ThinCats will help with Restek’s growth trajectory in serving clients like Network Rail, Highways England and Coal Authority.
Kevin Steven and Jimmy Moore from Pierce Corporate Finance, Paddy Sturman from Irwin Mitchell, and Carly Brown from Clarion facilitated the transaction.
Tim Knight, CEO of Restek, said: “We pride ourselves on delivering real value for our clients on each and every project we undertake. Therefore, it was important to work with a funding partner who understands our values and vision for the future. Ben and the team at ThinCats took the time to get to know our business and provided a funding package that will support our future growth.”
Ben Kimball, director of business development at ThinCats, said: “It’s been fantastic working with Tim and the expert team at Restek whose industry experience and vast portfolio of remedial services sets them apart in the market. Delighted to be supporting an innovative, employee-owned business and we look forward to seeing them go from strength to strength.”
