Smith & Williamson advises on £3.5m Bright Network Fundraising

  • Written By: Iain Lownes
  • Published: Tue, 28 Jul 2020 17:00 GMT

Smith & Williamson has advised Bright Network - the media data and analytics platform for leading employers to reach, find and recruit high-calibre students and young professionals - on a £3.5 million fundraising.

Iain Lownes, Smith & Williamson

Iain Lownes, partner and corporate finance director at Smith & Williamson, was lead adviser on the transaction and was supported by Roland Brook and Paul Stagg.

“Bright Network marries the need of employers seeking the very best and most diverse pool of talent with the need of students and young professionals to develop exciting careers and showcase their talents,” says Iain Lownes.

“The business is already a success story, but this fundraising will enable it to continue its growth by investing in its people and platform infrastructure.

“Smith & Williamson has a strong focus on working with technology businesses and I was delighted to work with the Bright Network team to help them towards delivering the next step of their important strategy.”

“Having the right advisers on board is critical and Smith & Williamson has done a wonderful job of securing the next stage of our growth plan. Today, in these challenging times, pooling expertise and working in partnership is more important than ever,” says James Uffindell, CEO of London-based Bright Network.

By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication. Details correct at time of writing.

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