Towergate in control despite credit crunch

As the wider economic market suffers from a global credit crunch, Towergate has managed to raise an ...

As the wider economic market suffers from a global credit crunch, Towergate has managed to raise an additional £276m without anyone blinking. Every company, bank and private equity house out there is struggling to raise capital and yet HBOS has absolutely no qualms in lending Towergate's burgeoning business even more money to expand. Evidence of the repercussions of the market turmoil has emerged with a report saying that the private equity arm of US investment bank Goldman Sachs failed to raise