TP Matrix acquired by Amcomri Group03 February 2022

In 2021, TP Matrix was acquired by Amcomri Group, a fast-growing, acquisitive group of quality British engineering and manufacturing businesses.

Based in Oldham near Manchester, TP Matrix has supported the rail industry for over 30 years, providing engineering, test, repair, and overhaul services for a wide range of safety-critical equipment associated with passenger and freight rolling stock electronics, including mainline trains, trams, and London underground fleets.

It offers condition assessment, obsolescence management, repair & overhaul and engineering services.

Recently, Arbuthnot Commercial Asset Based Lending has structured and delivered a flexible funding package to support the refinancing of TP Matrix. The facility comprises a revolving invoice discounting line and cashflow loan, which will support a combination of objectives, including the provision of working capital headroom to drive future growth.

Operations Engineer

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