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New £40m fund launched to keep businesses Welsh
Western Mail
|September 17, 2025
NEW £40m fund backing deals that keep businesses Welsh-owned has been launched.
Nearly twice the size of the initial Wales Management Succession Fund, the new Wales Business Succession Fund is again being managed by the Development Bank of Wales. It will back management buyouts and buy-ins of Welsh SMEs
Financed by the Welsh Government and the Clwyd Pension Fund, the fund offers structured equity and debt packages of between £500,000 and £5m with terms of up to seven years.
It is forecasting to support more than 1,000 jobs across Wales.
It builds on the inaugural £25m succession fund which closes this year, having supported 26 buyouts and safeguarded over 700 jobs since its launch in 2019.
The new fund is expected to safeguard 1,000 jobs.
The first investment made through the new fund is a £5m package supporting a management buyout and the future of Tredegar-based Dragon Recycling Solutions (RS).
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