Bowman Power Group celebrates the success of BOOST&Co, one of the company’s investors. BOOST&Co recently won ‘Alternative Lender of the Year’ in the 2016 Solent Deal Awards, run by The Business Magazine.
The Business Magazine runs five major awards each year, including the Solent Deal Awards, which attracts entries from banks, private equity houses, business advisors and lawyers.
BOOST&Co is an independent venture debt provider which creates growth finance for up-and-coming SMEs alongside existing shareholder capital. The company’s portfolio of innovative and disruptive businesses spans the cleantech, software and life sciences sectors. In late 2015, BOOST&Co provided £3m investment to Bowman, to support the company’s growth plans in the power industry, and product development strategy.
Collecting the award for ‘Alternative Lender of the Year’, Bowman CEO, Dr Toby King said, “I am delighted to have accepted this award on behalf of BOOST&Co, and everyone at Bowman sends their congratulations to the team. This recognition is well deserved.”
Lance Mysyrowicz, Partner, BOOST&Co also commented, “Awesome! We are delighted with this award and would like to thank Bowman Power Group for nominating us. We have worked hard to find quality opportunities to provide growth lending to companies in the Solent area and are delighted that we were able to fund Bowman last year. We look forward to our continued development in the region and wish all of the finalists the same success in 2016.”