Close Brothers, the largest independent fully quoted merchant bank in the UK, has injected a further £3m into Insite. The finance has been used to fund 11
Close Bros. first invested £5m into Insite in July 2009; the height of the recession. They invested a further £6m shortly afterwards in April 2010. This third investment increases their total investment to over £14m.
Insite also has a £25m revolving credit line with Lloyds TSB, a substantial part of which remains undrawn in anticipation of a growing acquisition pipeline.