Seneca drives growth at forecourt specialist

Seneca drives growth at forecourt specialist

Rotherham-based forecourt specialist MSSR has secured a second cash injection from Seneca Investments.

MSSR is one of a three-strong group of complementary businesses in which Seneca has invested £1.3m over the past 15 months.

The other two are retail display systems specialist T & E Display in Birmingham and Tienda, an interior design and construction company based in Grantham and Cambridge.

Since launching in 2012 to support small and medium enterprises, Seneca has backed 13 companies in and around Yorkshire.

Michael Cantwell, a corporate partner at law firm hlw Keeble Hawson which acted for the turnaround fund, said: “The MSSR deal will boost growth, continue to build a new client base for all three complementary businesses and be able to offer clients a full turnkey package – all of whom will benefit from a high level of strategic expertise and capital investment from Seneca.”

Seneca director Patrick Bywater added: “This second funding injection for MSSR is aligned to our strategy to bring the three businesses together into one dynamic group in the near future.”

MSSR is a £5m-turnover specialist which builds petrol forecourts and ancillary services nationwide.

See the article in full at TheBusinessDesk.com

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