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Reading: HCT raises £17.8m to accelerate rate of growth
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routeone > Minibus and minicoach > HCT raises £17.8m to accelerate rate of growth
Minibus and minicoach

HCT raises £17.8m to accelerate rate of growth

routeone Team
routeone Team
Published: October 21, 2018
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HCT has raised £17.8m of funding and it is led by Dai Powell (pictured)

Social enterprise HCT Group, which operates community transport and other bus services around the UK, has raised £17.8m of funding via a refinancing of its existing debt and an injection of new capital to accelerate growth.

The money will allow HCT to continue its policy of acquiring commercial operators and turning them into social enterprises, which it has already done with Powells Bus of Rotherham and Impact Group, based in London.

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