VIT Security Group Receives Investment of £510,000 as Tranche 1 of a £1.5million Raise
The award-winning supplier of evidential quality surveillance solutions, VIT Security Group is delighted to announce that it has secured Tranche 1 investment of £510,000, of a total raise of £1.5million. The funding has been awarded through a team of private equity investors managed by the investment house Committed Capital.
VIT Security Group’s technological innovation along with its strong management team, client portfolio and commitment to developing synergetic relationships impressed Committed Capital’s investment team of the company’s significant potential for growth. The new funding will be used principally to develop VIT Security Group’s international sales presence.
On securing the investment, CEO of VIT Security Group, Dave Harmon said: “We are extremely grateful to Committed Capital for all of their hard work in pulling everything together, and to the investment team for showing such confidence in VIT Security Group and our technology. The capital raised has afforded us the opportunity to realise VIT Security Group’s potential and we are very excited to be able to take our business to the next level”.
About Committed Capital
Committed Capital specialises in providing support and corporate finance advice to fast-growing companies. The company has developed strong relationships with strategic, institutional and high net worth investors and is particularly focussed on providing support for developing UK-based companies seeking to raise funds and fulfil their growth potential.
About VIT Security Group
VIT Security Group is a producer of evidential quality video surveillance solutions with world leading capabilities in a wide range of both ordinary and challenging environments. Each of the company’s products are developed in line with VIT’s core objectives - to improve and maintain security levels and the surveillance capabilities of its clients with a view to saving lives in the process.
For Press Enquiries
Bonnie Harmon
Director of Marketing and Communications
VIT Security Group Ltd
9A Great Northern Works, Hartham Lane, Hertford, Herts, SG14 1QN
Tel: 01992 535 814
Email: info@vitsecuritygroup.com
Web: www.vitsecuritygroup.com
Committed Capital Limited
107 New Bond Street, London, W1S 1ED
Tel: 020 7529 1350
Email: info@committedcapital.co.uk
Web: www.committedcapital.co.uk