Aspin Secures £25 Million for Growth Plans

Recently arriving into Derby, rail sector specialist and Marketing Derby Bondholder Aspin has secured £25 million to support its future growth.

Based in Pride Park, the firm specialises in the design and construction of foundations for the rail sector and has received the cash from private equity firm LDC. Currently benefiting continued investment in the rail sector such as the electrification of large swathes of the rail network, including the Midland Main Line, LDC has secured a minority stake in Aspin.

LDC’s investment demonstrates their belief in our business model and provides us with a strong platform to maximise our growth ambitions
— Barry McMahon, Co-Founder at Aspin
There are record levels of investment being made in rail electrification over the coming years and Aspin is well placed to further accelerate its growth and expansion plans
— John Green, Investment Director at LDC