Hangar Seven takes off with Catapult funds
Midlands investment fund Catapult Venture Managers has invested £1m in creative production agency Hangar Seven.
The company, which has offices in Manchester, London and Portugal, provides marketing services including photography, publications and advertising production.
Hangar Seven said the £1m investment from Catapult would be used to develop its facilities, expand the range of services and provide working capital.
Richard Bucknell of Catapult, which has offices in Birmingham and Leicester, said:
"We got to know the team at Hangar Seven over some time, and built an appreciation of the entrepreneurial drive and the special culture which exists within the company.
"The business has already built a strong position in the ‘home interest’ photography niche, we’re now looking forward to helping the team take full advantage of their latest venture into high volume fashion photography. This is a really exciting development for the company and has the scope to add significantly to the business."
