HPI Racing Ltd and Ripmax Ltd
Independent Growth Finance (IGF)
Programme: Investment Programme and our other commercial investments
Ripmax Ltd is a global distributor of radio-controlled models. HPI Racing Ltd, is a leading designer and manufacturer of radio-controlled cars.
Following Ripmax’s takeover of the HPI Racing brand in 2016, refinancing facilities from British Business Investments partner Independent Growth Finance (IGF) enabled the companies to demerge from their group structure, while providing tailored finance to meet each company’s needs.
IGF facilities have helped both companies to fulfil demand for their products more quickly, manage their international trade and supply chains more effectively, and have provided capital to enable growth.