Valldata banks on RBS in pursuit of growth strategy


Valldata banks on RBS in pursuit of growth strategy

Valldata Services Ltd (Valldata), the UK's leading relationship management company for the charity sector, has transferred its banking arrangements to The Royal Bank of Scotland (RBS) to support its overall growth strategy.

Supporting corporates

31 October 2011

Having established itself as the strategic partner for UK based charities, providing innovative donation processing and fulfilment services and products, Valldata are still in a period of strong growth. The company has built a renowned reputation for utilising advanced technology and IT systems which handle large volumes of transactions, including donations via mail, telephone and online. Their data analysis systems enable Valldata to provide charities with the right information required to maximise their fundraising.

With over 30 years' experience, Valldata prides itself on its inside-out knowledge of the charity sector and a team that's committed to providing excellence every step of the way. Helping charities achieve more from fundraising is a common goal throughout the company.

The financial package from RBS Corporate & Institutional Banking (CIB) will enable Valldata to pursue strategic acquisitions in order to consolidate a fragmented market. Arranged by its Bristol office, RBS CIB utilised the experience of its specialist charities and structured finance teams to build a funding strategy that will meet Valldata's day-to-day banking and working capital requirements.

Simon Hardman, chief financial officer, Valldata Group Ltd, said: "The move to RBS is a significant one for Valldata and puts us in a great position for the future. They have a very experienced team in this area and took time to really understand our business and its growth plans. We went through an extensive selection process, the package they were able to put together was best suited to our needs and we felt the RBS team was one that we could partner with for the future".

Stuart Allison, relationship director, Bristol, RBS Corporate & Institutional Banking, said: "Valldata is a fantastic south west business that is developing its focus in the charity sector and we are delighted to be supporting its strategy. We are proud of the way we have been able to draw on our experience across the various teams at the bank to meet the client's requirements."

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