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Intempo secures development capital

By Mark Dunne on October 09 2007

Consumer electronics specialist Intempo Digital is to develop its products in growing technology fields, such as Internet radio and Bluetooth, after securing £11.8 million.

The company received the funding from Leeds-based fund manager YFM Private Equity and will also use to the finance to expand its distribution into Europe, the US and Asia.

Intempo Digital, which was established in 2003, designs, develops and markets a range of iPod docking stations, DAB digital radios and speaker systems.

YFM investment manager Deborah Heyes told local reporters: “YFM Private Equity was first involved with Intempo at an early stage of its development and has been supportive throughout. It’s a great company with a fantastic growth story.”

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YFM Group

YFM Group is the UK’s most active investor in SMEs, and has been successfully backing businesses since 1982. This experience and expertise means we can arrange funding quickly and efficiently.

Its ten offices across the UK give national geographical coverage, so wherever you are it’s worth finding out how we can help you.

We manage funds in excess of £280 million. You’ll have the reassurance that these funds are backed by The European Investment Fund, high street banks, large corporates, pension funds, private individuals, public sector bodies as well as the European, UK Government and regional development agencies.

See Website: YFM Group

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