Par Equity concludes £800k round of investments

Par Equity, an owner-managed venture capital firm specialising in identifying and supporting rapid-growth businesses, has invested GBP800,000 in Kibosh Ltd, the designer of a leaking-pipe repair kit.

Ross Dickinson, a plumbing and heating engineer invented Kibosh in 2009. The kit allows professional plumbers and trades people to mend leaking pipes without having to turn off the water supply to water and central heating systems.

Par Equity’s investment in Kibosh will allow the firm to continue its plans to develop equipment to deal with leaks in pipes carrying oil, gas and other liquids. Kibosh also plans to accelerate its expansion in the oil and gas sector.

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