Deal Round-up 5/12/01

3i puts £5m into Teesside transport specialist.

The Northeast of England division of venture capital firm 3i has committed £5m to JCM Group, a family-run transport company based in Billingham. The money raised will be used expand the 12-yr-old business.

JCM Group offers refurbishment advice to retailers refitting their premises. The company also handles a shop’s transport arrangements during a refit. The company will remain under the control of its owners, with 3i taking what is described as a sizeable stake in return for its investment.