Halifax-based Northern Escalator Installations, which installs, refurbishes and repairs escalators, has secured a £6.4 million investment from the Business Growth Fund (BGF) to support its expansion in the UK and Europe.

Founded by managing director Kevin Johnson in 1999, the company employs a team of 85 people; recent projects include
an escalator at Anfield Football Stadium in Liverpool and an installation at Paddington Station, as part of the London Crossrail project (www.northerninstallations.co.uk).

The company, which generated revenues of more than £12 million in 2017, will use BGF’s funding to expand its services.

It works closely with major escalator and lift manufacturers such as Kone, Schindler, Otis and Thyssen Krupp, and it is well placed to capitalise on the increase in commercial and transport infrastructure projects.

As part of the BGF investment, Stuart Black joins the company as non-executive chairman; Gareth Judson also joins the board as operations director.

Mr Johnson said: “We have attracted and retained a first-class team of engineers, which — alongside our focus on quality — has helped us to build a solid reputation and take on very technical projects.

“BGF’s long-term minority investment will allow us to press forward with our growth plans, while retaining control of the business.”