London, 15th August 2024 – Fusion Consulting Group, a leading multi-disciplinary professional services firm, is proud to announce the successful acquisition of an 8-figure debt funding package from Growth Lending, a prominent alternative finance provider. This strategic financing will aid Fusion in their ambitious Buy-and-Build programme, allowing them to acquire larger and more prominent professional services firms in the near future.
Founded in 2015 by Mitch Young and Adam Maurice, Fusion Consulting Group has quickly become a comprehensive advisory practice, offering a wide range of services including Taxation, Accountancy, Financial Services, Recruitment, Legal Services, and Business Advisory. The firm’s unique proposition of providing 360° advisory services to private clients, entrepreneurs, and SMEs, has only been successfully implemented by the Big 4 for large companies and ultra-high net worth individuals.
After a successful funding round in 2022, Fusion completed five acquisitions in just five months, adding two accountancy firms, two IFA firms, and a finance recruitment firm with CFO-as-a-Service capabilities to their portfolio.
Adam Maurice, Co-Founder of Fusion, expressed excitement about the new debt funding, stating, “We are thrilled to announce this new funding, which will allow us to pursue larger acquisitions as we continue to expand our Buy-and-Build programme. We are grateful to Growth Lending for their partnership and belief in our vision as we embark on the next phase of our growth journey.”
With a strong infrastructure in place, including over 85 employees across three UK offices and a growing team in Johannesburg, Fusion is well-equipped to provide top-notch service and client experience. The firm’s recent investments in talent and technology have further strengthened its capabilities.
In the coming months, Fusion will launch Fusion-Nexus, a bespoke web and mobile app designed to serve as a gateway for all of its clients’ professional services needs.
Mitch Young, Co-Founder of Fusion, added, “After a period of integration, we are eager to seek out high-quality businesses to add to our portfolio. This new funding provides us with significant firepower to execute larger transactions swiftly and expand our market share in the near future. We anticipate announcing our next acquisition shortly.”
Adam Brinn, Regional Head of Debt Finance (London) at Growth Lending, commented, “Fusion represents exactly the type of business that Growth Lending likes to support; one with a compelling story, an in-demand, scalable offering, and a sturdy leadership team that is hungry to take the business to the next level. This investment will enable Fusion to step boldly forward as it continues on an acquisition-led growth trajectory, and I am excited to watch the ongoing success of Mitch, Adam, and the rest of the Fusion team.”
Growth Lending is known for supporting fast-growing, mid-market businesses with custom funding solutions, including growth capital and acquisition finance.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.