Smith & Williamson advises on £3.5m Bright Network fundraising

Employment & Skills | Funding | South West | Technology
Iain Lownes, Smith & Williamson

The Bristol office of financial and professional services firm Smith & Williamson has advised Bright Network – the media data and analytics platform for employers looking to reach, find and recruit high-calibre students and young professionals – on a £3.5m fundraising.

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.

Lownes said: “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. 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.”

James Uffindell, CEO of London-based Bright Network commented: “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.”

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