A law firm which offers more

Call us: 0113 246 0622

Helping tackle the Olympic traffic challenge

Comments

A funding deal was agreed with P&D Specialist Services that will allow it to supply mobile solar-power signs transmitting key messages to road users during the Olympics.

A Yorkshire finance house is helping Olympic athletes and visitors find their way around the capital by backing a transport technology firm.

Reward Capital has agreed a funding deal with P&D Specialist Services that will allow it to supply mobile solar-power signs transmitting key messages to road users during the games.

P&D will supply Transport for London with 177 of the devices, sourced from Australia, thought to be the largest single deployment of "variable message signs".

David Jones, partner at Leeds-based Reward Capital, said: "We were initially approached by P&D's accountants to assist only with the deposits for the units but we had such confidence in the management team that we offered to provide a full funding package.”

Jonathan Simms, of Clarion, acted for Reward Capital on the transaction.

Source:  The Business Desk, 11 July 2012