Foresight invests £1.9m into Surrey printing firm

Foresight invests £1.9m into Surrey printing firm

Funds advised by Foresight Group LLP have invested £1.9m into Surrey’s Regency Design & Print Limited.

Regency is a designer and manufacturer of printed materials for the beverage equipment and retail point-of-sale sector.

Founded in 1986, the company is the UK market leader and boasts a longstanding customer list comprised of blue chip beverage companies such as Coca Cola Enterprises and Lucozade Ribena Suntory.

Over the last few years, Regency has developed a market leading proprietary branded housing for self-serve coffee and tea machines, known as coffee pods. Customers for this product include Jacobs Douwe Egberts and Nestle.

Matt Smith, Partner at Foresight Group, said: “Regency already has a market leading position in the UK and a long history of delivering high-quality products and service levels to its customers, most of whom are demanding multinational FMCG companies.

“We look forward to working with the management team to scale the business, taking advantage of the growth opportunities presented in the UK and Europe over the coming years.”

David Harkness, Regency’s managing director, added: “We are excited to be working with Foresight at an important stage in the company’s development.

"We have a huge opportunity to really accelerate the business by delivering on the pipeline, moving into new geographies and adding more blue-chip customers.”

Royal Bank of Scotland’s corporate transactions team supported the transaction with attractive banking facilities, which alongside Foresight’s investment, will provide the team with resources to pursue their growth plan.