Shoosmiths has advised Biosite, a Midlands biometric company, on securing £4m of growth capital from Mobeus Equity Partners to further develop a new fingerprint scanning security system.

Solihull-based Biosite provides biometric access control and software-based workforce management products which facilitate safe and secure sites for the construction sector.

Shoosmiths’ corporate team was led by partner Alastair Peet with associate Alistair Hammerton and trainee solicitor Mike Nutman assisting.