‘We are excited to be supporting the company as it looks to grow its international presence,’ says BGF.

RMS International receives investment backing from BGF

RMS International has revealed it has secured a growth capital investment from Business Growth Fund (BGF) to help expand its global operations.

Founded in 1982, RMS’s operations include product innovation and design, research and testing and supply chain audits to service major retailers worldwide.

Over the past 25 years, the company has designed a range of products under its own brands, including Grafix, Blocktech, GL and Games Hub.

Most recently, the firm has been building a licensed product line with Disney, Universal and other major franchises.

In addition, RMS has appointed Stuart Rose, former chairman of toy group Hamleys and MD of The Body Shop, as the company’s chairman.

Tyrone Farber, CEO of RMS International, said: “With the support of a strong management team, we have built a sizable and reputable business over the past 30 years and we know that there are further, unexploited opportunities, particularly overseas.

“BGF’s flexible and long term approach to funding and partnership fits with our own needs, and our desire to remain in control of the business. I am extremely excited to have Stuart Rose on board. His knowledge and experience in the retail sector will undoubtedly prove valuable to RMS as we continue to grow.”

The investment was led for BGF by Matt Windall and Rhys Davenport, plus RMS is also backed by Barclays Corporate Banking.

Matt Widdall, an investor at BGF, added: “RMS has built significant expertise, with a strong reputation for quality, creativity and distribution. We are excited to be supporting the company as it looks to grow its international presence.”

About Robert Hutchins

Robert Hutchins is the editor of Licensing.biz and ToyNews. Hutchins has worked his way up from Staff Writer to the position of Editor across the two titles, having spent almost eight years with both ToyNews and Licensing.biz, and what now seems like a lifetime surrounded by toys. You can contact him by emailing robert.hutchins@biz-media.co.uk or calling him on 0203 143 8780 You can even follow him on Twitter @RobGHutchins if ranting is your thing...

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