It may well have slipped under your radar unless you’re an avid reader of the business news, but yesterday was a pretty momentous day in the life of The Climbing Hangar. CEO Ged Mac explains....
After months of hard work from everyone at The Hangar, I'm absolutely thrilled to announce that we have secured financial backing from private equity firm, NVM. This cash injection sets us up to rapidly grow our world class ‘Plymouth style’ Hangars across the UK and make much needed investment in our two oldest sites.
Plus, we’re now in a position to focus properly on delivering The Climbing Hangar mission to encourage people to come together, have fun, challenge themselves and connect through our shared passion for leaving the ground.
As a really small business, taking funding is a huge leap and something we considered very carefully. But we see so many people get so much from spending time at The Hangar; we wanted to extend those possibilities extend far and wide.
Commitment to our culture and community was a deciding factor in NVM coming on board and in us choosing them as a partner. You can be sure it will not only continue to be the driving force behind all our decisions, but will be better supported too.
So, with all that in mind, we want to thank everyone who climbs at the Hangar. You have been the inspiration for the business with your continued support, friendliness, sense of fun and warm welcome for every new climber who walks through the door. We can’t wait to see what the future holds, and to share it with all of you.
You rock!