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Corporate team advise WAMBIZ on £600,000 investment

Sep 14, 2014

Waterfront’s corporate team of Patrick Peake and Matt Cunningham recently acted for WAMBIZ. The social networking platform secured £600,000 of investment from the Allan Murdoch Group, a consortium of eight investors that backs technology ventures.

WAMBIZ operate primarily in the educational sector and their recent link up with South Staffordshire College featured in the Sunday Times.

The company’s Co-Founders, Harry Jawanda and Andrew West, both played international hockey for England before embarking on the WAMBIZ application, which also recently launched on Apple’s appstore.

Harry Jawanda said “This investment comes at a key time for the company as we to enter into a large number of collaborations with colleges and universities across the country. Patrick and Matt delivered an excellent service and were always on hand to help with the various issues arising from the deal in a friendly and accessible manner.  Waterfront has been dealing with all legal matters for WAMBIZ since the company started and we look forward to continuing to work with them.”

Patrick Peake commented on the investment:  “This was the biggest deal that WAMBIZ have been involved with so far and it has been great to see how quickly the company has grown in a short space of time. I am delighted for WAMBIZ at getting such a big vote of confidence for the business from experienced investors like the Allan Murdoch Group.”