DF Capital has helped Ducati Manchester Group (DMG) acquire Ducati and Triumph stores in Glasgow.
Over the past 20 years, Ducati Manchester has gone from strength to strength, opening further showrooms located in Preston, Stoke and Worcester. And now it has a presence in Scotland. DF Capital has provided DMG with an inventory finance facility since 2017. And, to coincide with the Glasgow acquisitions, that facility has been increased to support expansion of the business.
Commenting on this relationship, DMG supremo Chris Booth said: “I used to work with another lender but it wasn’t willing to support my growth ambitions. Then I was introduced to Andy Stafferton and Paul Evans from DF Capital, who were a breath of fresh air. They saw the potential and came up with a number of great solutions to help me expand and grow DMG’s footprint. Without the DF Capital team, I would never have been able to achieve this level of success.”
Andy Stafferton, chief commercial officer and co-founder of DF Capital, added: “It’s a pleasure working with Chris Booth. He has such drive and a razor-sharp focus that enables him to identify opportunities and act on the ones most likely to succeed. Our partnership with him is very much a two-way street. He’s also helped us to grow, by championing us to other distributors and dealers.