Finance raising for Nexus Strategic Partnerships
The Directors of Nexus Strategic Partnerships are delighted to announce that they have secured debt facilities from The Royal Bank of Scotland to fund the development of the company.
The company is a new and innovative force in contract publishing, event management and membership services and was established in 2004 when two Nexus directors won the contract to publish the Commonwealth Yearbook. This is the Commonwealth Secretariat’s flagship publication and is published annually. Nexus won the contract ahead of four other strong contenders and three other Commonwealth titles have since been awarded to Nexus.
Nexus was founded by CEO, Smuts Beyers, who has previously held Managing Director posts with Pearson and Oxford University Press. His co-founder and director is Simon Goodlad who was Director of Contract Publishing with TSO. Fred Perkins is a non-executive director and was CEO of TSO and participated in the MBI which privatised HMSO.
Smuts Beyers commented, “There are great opportunities for Nexus’s distinctive approach to contract publishing, and this is funding which will enable us to pursue them. PEM Corporate Finance helped us to present the company and to approach the bank in the best way to secure the funding quickly.” Lake Falconer, head of PEM Corporate Finance LLP based in Cambridge commented, “We were pleased to help Nexus, the company has a great team, and its prestigious contracts with the Commonwealth are a great foundation to build the business on. We appreciated the support of Val Dring and the team at Royal Bank of Scotland who helped to deliver the package.”