News

Sale of Weymouth firm (‘FGP Systems Ltd’) saves 98 jobs – DorsetECHO

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Original Article: http://www.dorsetecho.co.uk/news/13791749.Sale_of_Weymouth_firm_saves_98_jobs/Alex Peace, Trainee Reporter / Tuesday 29 September 2015 / NewsALMOST 100 jobs have been saved at a Weymouth engineering firm following its sale. It has been announced that the business and assets of FGP Precision Engineering, which is based on the Granby Industrial Estate...

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TOP 5 AEROSPACE PRECISION ENGINEER- FGP SYSTEMS – BACK IN PROFIT FOLLOWING ACQUISITION AND TURN AROUND BY CYRUS

  |   Press Releases

LONDON, 21 December 2015 – Cyrus Investment Management LLP (“CIM”), the specialist precision engineering EIS investment adviser, is pleased to announce the acquisition and turn-around of FGP Systems Ltd. (“FGP”), one of the UK’s top five aerospace precision engineering companies with funds raised through the...

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We need a US model where banks only provide 20% of growth finance to SMEs, says former City heavyweight David Hitchcock

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Original Article: http://www.walesonline.co.uk/business/business-news/need-model-banks-only-provide-10509333 16:58, 26 NOV 2015 UPDATED 17:19, 26 NOV 2015 BY SION BARRY David Hitchcock tells Cardiff Breakfast Club that more sources of alternative finance are needed to support the growth of SMEs.The growth potential of SMEs in the UK is being stifled by an over dependence...

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CIM completes growth investment in City Engineering

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PRESS RELEASE For Immediate Distribution.  15 September 2015 CIM is very pleased to announce the completion of its investment in City Engineering by Cyrus Secured Loans Precision Engineering EIS Fund 1. City Engineering is an approved supplier to some of the industry leading companies in the Aircraft, Space and...

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From the Gurkhas to the City but now David Hitchcock has his sights on creating world class precision engineering firms in the UK

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06:00, 27 AUGUST 2015 UPDATED 07:35, 27 AUGUST 2015 BY SION BARRYEbbw Vale-born City heavyweight David Hitchcock is raising £40m to help UK precision engineer firms move into the expansion fast lane  For source material please visit: http://www.walesonline.co.uk/business/business-news/form-gurkhas-city-now-david-9929190 [caption id="attachment_980" align="aligncenter" width="615"] David Hitchcock[/caption] After Cambridge, where he was awarded a...

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Firm that made anti-terror doors for the Bank of England (“Rhino Doors”) is first in Wales bought by investment firm Cyrus

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18:04, 25 AUGUST 2015 UPDATED 18:10, 26 AUGUST 2015 BY SION BARRY For source material please visit: http://www.walesonline.co.uk/business/business-news/firm-made-anti-terror-doors-9926778  Cyrus Investment Management is chaired by Welshman and former managing director of JP Morgan David Hitchcock  [caption id="attachment_980" align="aligncenter" width="615"] Cyrus-RW Group executive chairman David Hitchcock[/caption] An investment company set up with the aim of acquiring...

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CIM Chairman David Hitchcock joins Chris Blackhurst for ‘The Headline Interview’ on London Live

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CIM Chairman David Hitchcock joins Chris Blackhurst on ‘The Headline Interview’ for London Live. They talk about David’s career, British manufacturing, and what makes Cyrus Investment Management’s strategy different from other investors in the market.   View source version on London Live: http://www.londonlive.co.uk/programmes/the-headline-interview/8bc626c6...

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David Taylor joins CIM as Non-Executive Director

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Cyrus Investment Management LLP recently appointed David Taylor as a Non-Executive Director. David has extensive experience in precision engineering having spent over 25 years successfully leading SMEs in the engineering and manufacturing sectors. Over this time David has built a track record of creating significant shareholder...

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