Opex Group secures growth investment
09-Jun-10by Annie Byrne
Event and exhibition service supplier Opex Group says it has secured a “significant investment” from the venture capitalist Octopus Ventures’ Octopus Capital for Enterprise fund. The investment will be applied across the whole group, which includes; Stanco Exhibitions, Expo-Systems, Opex Venue Services and Excel Invision, to support its core business, new software development, and strategic opportunities and partnerships.“The timing of this investment is ideal,” says group financial and commercial director for the Opex Group, Justin Phillips. “We are very excited about our long-term partnership with Octopus and the potential it represents. “We are now in a position to invest further in our business having identified numerous opportunities both in our current marketplace and beyond. This availability of funds will enable us to maximise our potential and broaden our capacity and reach,” he adds.