DFx Technology designs and manufactures energy saving solutions for global brands. Its 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 new 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.
Paul Wilson, Shaw Gibbs Corporate Finance Manager, comments: “I am delighted for the directors and employees of DFx Technology to have assisted in securing this investment. The funding will provide the company with the necessary resources to reach the next stage of its development. Shaw Gibbs looks forward to working with the team over the forthcoming years to ensure their vision is achieved.”
Alyn Wyn-Davies, DFx Technology Co-Founder adds: “We are extremely pleased to welcome Percipient Capital to DFx Technology. Percipient has a strong record of funding and supporting high-growth companies, helping them to expand both in the UK and abroad. We look forward to working with them over the coming years.”
When the funding was completed, Percipient Capital Co-founder Jason Gould said: “We are delighted to have made an investment into DFx Technology Ltd in order to help the business expand further. The company has developed a market leading set of products and technologies and we have been very impressed with the rapid growth evidenced over the last few years.”
“Our investment will enable the company to invest in infrastructure, expand its operations and accelerate growth. The company already has an enviable client base, including major international groups, and the investment will ensure that the company can expand the roll-out of these strategically important energy-saving technologies.”
Legal advice for the project was provided by Oxford-based law firm Blake Morgan.