17 August, 2016
An ambitious Dorset business that makes sleeping bags for babies and toddlers is going from strength to strength following a £200,000 injection of funds to help the business grow.
Wimborne-based Slumbersac, who specialise in making safe and comfortable sleeping bags for all babies, toddlers and children, is looking to grow in to new markets in Canada, Japan and India thanks to the working capital injection from HSBC and the legal support from Steele Raymond’s commercial team.
Slumbersac Managing Director Karina Grassy said:
“As a business it was important that we surround ourselves with the right advisers and an experienced commercial solicitor that would help us grow was one of those. Steele Raymond have depth of knowledge across all of their commercial teams has given us the confidence to grow the business knowing that we are built on very solid foundations.”
Steele Raymond partner and company and commercial solicitor Nick Davies said: “We started working with Slumbersac in 2012, advising on the acquisition of the business. Since then we have seen the business grow dramatically.”
Nick continued: “Slumbersac is the latest in a long list of clients who we have helped achieve their growth strategies. Working with Karina on such a variety of legal challenges and seeing the business flourish is all the more fulfilling. We very much look forward to continuing to work with Karina and advising Slumbersac on their next chapter of growth.”
To view the Slumbersac website please visit www.slumbersac.co.uk.