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Business

Peter A Walker

Pipeline tech firm signs multi-million growth funding deal

Paradigm Aberdeenshire

Paradigm Flow Services has secured a funding package from alternative lender ThinCats.

The loan aims to facilitate the accelerated growth of Paradigm’s fleet of specialised equipment to meet the high level of demand for both its pipeline remediation and fire protection technologies.

The transaction was introduced and advised by Bridge and York Capital Partners, while Stronachs provided legal support for Paradigm. Clyde & Co supported ThinCats on legal and Azets conducted financial due diligence.

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