ACS Clothing, a Glasgow, UK-based supplier of men’s hirewear, received an £3M venture loan.
BOOST&Co. provided the financing.
The company intends to use the funds to expand into the US market by establishing a 240,000 sq ft facility in Memphis from which to service the US wedding and prom market.
Established in Glasgow in 1997 by Richard and Joe Freedman, ACS provides formalwear across the UK stocking more than three million garments and processing circa 400,000 orders per year.
The company now has offices in Glasgow, Memphis and Chicago and employs over 150 people.
FinSMEs
06/12/2016