This transaction comes shortly after the team worked alongside FinnCap Ltd on the successful IPO of Velocity Composites plc in May. The net proceeds will be used to support Altitude's Channl.com ecommerce platform, which provides sites for personalised product distributors and their customers, in exchange for a percentage of supplier revenue. In particular it will fund the UK launch of the platform, via the purchase of assets of AdProducts.com Ltd for £800,000.

Lisa Stavropoulos in the Manchester Corporate team advised FinnCap Ltd