Following its buyout by Bain Capital back in the Spring, Moorepay is investing significant sums in its growth over the short and medium term.
The most tangible sign of that investment – £100m over the next ten years – is its move to custom-built new office space in Lowry Mill, Swinton, Greater Manchester.
This new space is needed to accommodate Moorepay's growing northern team. It has already invested heavily in apprentices, with 27 joining in the last quarter alone, and plans to expand the team by another 40% in the coming months and years.
On Tuesday 20 November a Grand Opening event was held to celebrate this landmark occasion.
The event provided an excellent opportunity for guests to network with more than 50 local businesses as well as industry and VIP guests, with the new Northern Hub officially opened by Salford City Mayor Paul Dennett.
During his keynote speech he said: “We are proud to have another great business in Moorepay who buy into the vision we have of the area.
“It is about building partnerships and creating jobs where people can learn new skills and have opportunities to progress in their careers.
“Salford is a great, vibrant city that’s really going places – investments like this show the business community is recognizing that, and seeing our city as the perfect place for ambitious businesses to prosper.”
Other keynote speakers included Moorepay CEO John Petter and Moorepay CEO Alistair Blaxill, who said: “At Moorepay, we strongly believe in regional investment. This includes our office, graduate and apprenticeship scheme, and our commitment to regional suppliers and local customers – all of which is aligned with the HM Government Northern Powerhouse Strategy.
“This marks the beginning of an exciting new phase of growth for us as a company.”