Advisory firm branches out with deal

● Capital business acquires stake in knotweed business extending its reach

thousands of sites to date, enabling development, mortgage lending and peace of mind to clients. The industry is at something of a tipping point and with our commercial sector business beginning to really take off, having Mike and Full Circle Partners behind us and opening doors through its network is helping us to make great strides.”

Full Circle Partners director Welch said: “We were impressed with Tom from the start and he’s built the best team in the UK to address what is an ever-bigger problem for householders and companies alike. We’re excited to be backing TP Knotweed during their next phase of growth.”

Welch founded online tyre business Blackcircles.com, selling it to French giant Michelin for £50 million in 2015, and he bought the assets of online fashion retailer Atterley from administrators at KPMG the following year.

Atterley is part of the portfolio of Full Circle Partners, along with wearable tech start-up Playerdata, with the advisory firm launched in 2017 to help early-stage companies along the road to growth. It also has an office in Singapore.

Welch said he had spotted a gap in the market after engaging with venture capitalists over funding and then selling Blackcircles.com to Michelin.