Transaction

Clearwater advises Hobs Reprographics on investment from BGF

Transaction

Hobs Reprographics received investment from Business Growth Fund

Sell-side

Undisclosed

Role

Adviser to Hobs Reprographics on receiving investment from Business Growth Fund

Sector

Business Services

Region

UK

Clearwater has advised Hobs Reprographics, the UK's largest independent 3D, digital & print support services company, on its investment from Business Growth Fund (BGF).

Employing over 300 people across 29 offices in the UK with total revenue in excess of €40m, Hobs provides state-of-the-art 3D printing. Founded in 1969 as a reprographics specialist, printing architectural drawings for customers in the legal, healthcare and utility sectors, the business has expanded to provide animation, augmented & virtual reality and CGI solutions to a broad array of industries including engineering, construction and product designers.

The deal will help the business further expand on its Hobs Studios, which opened in Manchester in December 2013 and London in May 2014. BGF's investment will help the business achieve the long-term aim of becoming a national service provider of all 3D printing-related solutions.

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Advisers

Transactions