17 March 2020 | Prithvi Pandya
Churchill Group has announced that it has received an investment from ESO Capital Partners UK LLP ("ESO"), a provider of flexible capital solutions to European SMEs.
The investment will provide institutional capital and support for the organisation as it continues its programme of investing in its people, its innovations and its service delivery in line with its values to 'Always do right', 'Always seek better' and 'Always put people first'.
Joel Briggs of Churchill Group, said: "It was hugely important for us to find a partner that shared our vision for Churchill. ESO's backing will greatly support our values, business goals and our rapid and resilient growth. With an institutional partner on board, we will be able to focus on our strategic priorities of people, the environment and digital transformation and continue to build sustainable relationships with our valued clients across all sectors."
Stephen Edwards of ESO Capital, said: "Phil Moxom and Joel Briggs have built an incredibly successful business and we look forward to working with them over the coming years. We have been particularly impressed with their high levels of customer service and their forward-thinking approach to the technology-led changes in the industry through their online platform Mo:dus. We are confident our expertise in supporting high-growth companies will benefit Churchill as we work with them to develop the business and support its future growth."
ESO will take a minority stake in the business and both Stephen Edwards and Stuart Hamilton of ESO will join the Churchill board.