A Yorkshire company that supplies marquees to exclusive events around the UK has secured a six-figure funding package.
The English Marquee Company, based in Ripon, was launched in 2018 by brother and sister Sam and Tor Peters after they spotted a gap in the market for marquee hire, and the company now employs around 30 staff.
Now, to take the business to the next level, the company has secured the significant sum from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II), to add a new structure to its range.
The 500 sq ft marquee, known as the Nord, can hold 350 people and is currently installed at a high-profile private members’ club and hotel in the Cotswolds.
The Nord has been made to the company’s own specification and consists of glass panels with a glulam frame – a wood product that is a more sustainable alternative to steel. It is one of a growing number of marquees that the business offers, alongside its glass orangeries, pagodas, glass marquees and more traditional pole tent range.
The company provides structures for everything from small garden parties to lavish weddings and major corporate events, with customers including Newby Hall and Grantley Hall in Yorkshire, as well as high-net worth individuals and leading event planners.
Tor Peters, founder and director, said: “In recent years, particularly since the pandemic, both businesses and individuals have placed greater value on bringing people together, creating connections and crafting unforgettable experiences. Our marquees provide an exceptional centrepiece or backdrop to any event.
“We pride ourselves on our stunning range, our responsive customer service and our ability to transform even the most challenging, hard to access sites. This latest funding from Mercia and NPIF allows us to add another innovative marquee to our range in line with our aim to create the most sought-after event spaces.”
Andy Clough of Mercia Debt said: “Sam and Tor had a vision to take marquee hire to a new level and create the most spectacular events spaces. The business has been growing exponentially and is now the go-to supplier for elite event planners and private clients. Mercia and NPIF have provided several rounds of funding to help them build their product range and are pleased to have played a part in their success.”
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