Posted on February 19, 2019 by staff

North West IT firm gains £500,000


Manchester-headquartered one-stop IT services firm Wenso has gained £500,000 in funding to support its expansion.

The company will use the funding from the Northern Powerhouse Investment Fund, managed by FW Capital Debt Finance, to significantly increase staff numbers.

The group, which also has offices in Ireland, Canada, and the US, currently employs 60 staff.

Clients include Newell Brands, Safariland, TDA Capital, Institute of Banking Studies and The Seimon.

Mushtaq Mohammed, founder and managing director of Wenso, said: “This funding enables the Wenso team to further study, understand and analyse our clients’ complex businesses.

“We then deploy next generation solutions and continuous improvement of process frameworks which improves efficiency and therefore contributes to business growth.”

Andy Traynor, senior investment executive at FW Capital, said: “Wenso have an extraordinary team of people who are highly skilled and passionate about delivering an excellent experience for their customers.

“They have a strong track record across the whole of the IT sector and are well positioned to take forward a number of excellent opportunities. We are happy to support the company in this next phase of their growth plans.”