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Blackpool rescue training business set to scale new heights with funding injection

Thursday September 13th, 2018

Blackpool based rescue training business Reax has secured a £35,000 investment from NPIF – BFS & MSIF Microfinance – a product fund managed by GC Business Finance in partnership with MSIF and part of the Northern Powerhouse Investment Fund (NPIF). The investment will be used to fund new jobs and a significant expansion of the company over the next five years.Government Opportunities

Run by former emergency services personnel including Pete Langley and Keith Parmley, Reax Limited is a specialist access and rescue training provider, based at an industrial simulation training facility in Blackpool.

The company was launched in 2014 by a skilled group of former and current emergency services personnel from the fire service, specialist rope rescue units, North West ambulance service paramedic teams, urban search and rescue teams and mountain rescue. With over 240 years’ operational experience between them, the Reax team now provides training to the emergency services, utility, telecoms, construction and engineering sectors, specialising in a range of confined space courses, industrial simulation, rescue training, first aid courses and equipment sales.

The £35k loan from NPIF will be used to create at least five new full-time jobs and fund Reax’s exhibition and event attendance to raise awareness of the training programmes. The funds will also be invested in further development of Reax’s training facility, which already features purpose-built areas to recreate scenarios faced working at height, in confined spaces and industrial and rescue situations.

Reax Director Pete Langley said:

“Since we launched four years ago, our specialist training services have been in high demand across the North West. This funding from GC Business Finance and NPIF will enable us to develop our current facilities and to recruit more rescue and first aid and trauma trainers, ensuring that we are able to continue to expand and improve our business.

Across our growing team, we have faced every situation and danger that you might expect to encounter in challenging work and rescue situations over many years in the emergency services. This expertise means that we are able to work with and train individuals and companies – from emergency services teams to utilities companies and telecom firms – to ensure that they won’t face the dangers that we have.”

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