In a deal negotiated through Glasgow-headquartered private equity outfit Maven Capital Partners, Vamosa will receive £1m of mezzanine finance from the government fund to help it continue its expansion drive.
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Vamosa chief hails £1m funds from Mandelson for growth
Glasgow-based software company Vamosa is among the first beneficiaries of Lord Mandelson’s Capital for Enterprise fund – formed to help sound businesses which would struggle to obtain fresh finance from banks given the credit market turmoil.
