Castle Corporate Finance is pleased to have advised “Kit for Kids”, the Sevenoaks-based designer and manufacturer of innovative child sleep and educational products, on its development capital fund raise with Connection Capital.
Kit for Kids has operations in the UK, Dubai, and Virginia USA, and trading relationships across 30 countries. The investment will enable the company to meet increasing demand from existing retail customers for its market-leading mattress products, and exploit further significant growth opportunities both in the UK and in key export markets.
Jan van der Velde, CEO of Kit For Kids, said: “This investment enables us to ensure we can keep pace with increasing demand from our customers, roll out growth that’s already underway and exploit the wide range of further expansion opportunities that are out there. Castle played a pivotal role in helping us secure this investment and worked immensely hard throughout the process in order to secure a fantastic result”.
Victoria Ansell, lead advisor at Castle, added: “Kit for Kids has an incredibly compelling proposition, which caught us from the outset. It was really important to find the right investor and partner for the business who could support their future growth. We thoroughly enjoyed working with the team at Kit for Kids, and Connection Capital is well placed to support them now and into the future. We are pleased to express our congratulations to all involved”.