Majority sale of shares for Orbital Fabrications
PEM Corporate Finance were appointed by Orbital Fabrications to provide M&A advice on the sale of 80% of its shares.
Lake Falconer helped the directors at the Chalkface Project raise finance for the future development of this well-established publishing business.
Chalkface is a well-established educational publisher set up in 1982. Chalkface has always been innovative; publishing firsts include introducing DTP to book publishing (1985) and introducing print-on-demand (1992). Its PaperlessSchool product is unique in that it is the only e-learning platform specifically designed for the school environment.
Bank finance was raised to support the company’s move from traditional publishing to innovative online delivery of content.
Debt Finance was provided by the Royal Bank of Scotland in Cambridge.