FAST-growing communications firm Daisy has been boosted after backers increased its overdraft by £40million.
The business, based on the Lomeshaye industrial estate, in Nelson, now has a credit facility of £115million to fund new takeovers.
Meanwhile, Barclays has joined Lloyds, Yorkshire Bank and HSBC as a backer of the company.
Chief financial officer Anthony Riley said: “We are delighted Barclays has joined our existing banking syndicate.
“The increased facility provides funding for further growth, and demonstrates the confidence that the participating banks have in our ability.”
Daisy, founded by entrepreneur Matthew Riley, has spent £300million on acquiring rivals in the business telecoms sector in the past 18 months.
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