Tom Parker Creamery Secures £750,000 Investment to Fuel Growth
Deal News | Dec 12, 2024 | Maven Capital Partners
Tom Parker Creamery, a producer of free-range milks and creams based in South Somerset, has received a £750,000 investment from SWIF Maven Equity Finance. This funding will support the company's growth by facilitating a move to a larger facility, increasing production capacity, and providing additional working capital. The investment underscores Tom Parker Creamery's strong positioning in the dairy market and its commitment to sustainable, high-quality products. Established partnerships with major retailers such as Waitrose, Sainsburys, Tesco, and Ocado highlight the brand's market presence. Maven's support will also aid in the company's product development and workforce expansion. Rob Yates, CEO, expresses excitement over the partnership, emphasizing the importance of meeting rising consumer demands for natural and minimally processed foods. The investment marks SWIF Maven's continued commitment to fostering sustainable growth within the South West region through the South West Investment Fund, which has made 100 deals since its launch, totaling over £40 million. This deal with Tom Parker Creamery represents their dedication to backing businesses that drive local economic impact.
Sectors
- Dairy Industry
- Private Equity Investment
- Sustainable Agriculture
Geography
- United Kingdom – Tom Parker Creamery is based in South Somerset, UK, and SWIF Maven Equity Finance supports businesses in the South West of England.
- South West England – The South West Investment Fund focuses on fostering business growth in this geographical area.
Industry
- Dairy Industry – This sector is relevant because Tom Parker Creamery is a producer of milk and cream products.
- Private Equity Investment – Maven Capital Partners is a PE firm that invests in growing businesses, and this article focuses on their investment activities.
- Sustainable Agriculture – Tom Parker Creamery's commitment to producing sustainably sourced dairy products positions it within this industry.
Financials
- £750,000 – The investment amount from SWIF Maven Equity Finance into Tom Parker Creamery.
- £40 million – Total investment delivered by the South West Investment Fund since its launch.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tom Parker Creamery | Target Company | Company | A producer of free-range milks and creams based in South Somerset, UK. |
| SWIF Maven Equity Finance | Bidding Company | Company | A finance provider under Maven Capital Partners investing in businesses across South West England. |
| Maven Capital Partners | Private Equity Firm | Company | A private equity firm backing the investment in Tom Parker Creamery through SWIF Maven Equity Finance. |
| Rob Yates | CEO of Tom Parker Creamery | Person | CEO of Tom Parker Creamery guiding the company's growth. |
| Rafi Khan | Investment Manager at Maven | Person | Maven manager involved in the investment decision for Tom Parker Creamery. |
| Jody Tableporter | Director UK & Regional Funds at the British Business Bank | Person | Oversees the South West Investment Fund and its impact on regional economic growth. |
| South West Investment Fund | Financing Body | Government | Supports businesses in the South West of England by increasing access to early-stage finance. |
| British Business Bank | Parent Organization | Government | Owner of the South West Investment Fund, enhancing regional business funding opportunities. |