River Capital, has provided a six-figure growth loan to Jones AV Ltd, the Birkenhead-based operating theatre integration specialist, to support the company’s continued international expansion and strengthen its working capital as it delivers a record volume of projects.
The funding, made through River Capital’s North West Business Growth Loan Fund, follows Jones AV’s largest contract win to date: a four-year framework agreement to deliver operating theatre integration across Southern Norway, covering up to 40 operating theatres and worth in excess of £4.5 million.
Founded in 2008 and based on the Wirral, Jones AV designs and installs integration technology for hospital operating theatres through its MyOR software platform, working with hospitals and health trusts across the UK and Europe. The new funding will help the business manage the working capital demands of its growing project pipeline as it scales to meet increased demand.
This is the second time River Capital has backed Jones AV following a previous six-figure funding package in 2024 that helped the company deliver its flagship theatre integration project at Drammen Hospital in Norway and expand its in-house software development team. Since then, Jones AV has achieved B Corp certification, been recognised among the UK’s Top 100 Best Places to Work, and added ISO 27001 and ISO 45001 accreditations to its existing ISO 9001 and 14001 certifications — making it one of the most highly accredited small businesses in its sector.
The new investment is expected to support the creation of up to seven new jobs in the Liverpool City Region over the term of the loan, as Jones AV plans to relocate to larger premises to expand its office, workshop and warehouse capacity and support its next phase of growth.
On the funding Ingo Aicher, Managing Director, Jones AV said:
“This funding comes at exactly the right moment for us. Winning the South Norway framework is the biggest contract in our history, and this support gives us the working capital headroom to deliver it properly while we keep the rest of the business moving.
River Capital have backed us since 2024 and having a funding partner who understands how project-led businesses like ours actually work has made a real difference. We’re now looking at new premises to give the team the space to grow, and we expect to be creating jobs here in Liverpool as a result.”
River Capital Investment Manager, Jim Moore added
“Jones AV is a great example of the kind of ambitious, high-growth business we set out to support through the North West Business Growth Loan Fund.
Since we first backed them in 2024, they’ve won a landmark contract in Norway, achieved B Corp status, and built a genuinely impressive record on accreditation and workplace culture. This latest funding will help them manage the growth they’ve earned and create new jobs right here in the Liverpool City Region — which is exactly what this fund exists to do.”