With the incumbent lender seeking an accelerated exit and the business marketed for sale, we provided a short term working capital facility to enable B&W to fully negotiate its sale to Sound United.
When its private equity owners sought to exit their position following several years of declining sales, we acquired Bentley and affected a restructuring to create a sustainable business.
Steamer Trading is a UK based speciality retailer of cookware and kitchenware. The business was established in 1985 and grew to an estate of 42 stores, primarily around the south east of England.
When Moores’ US parent sought to divest its non-core operations, we invested in the Yorkshire-based kitchen and bathroom manufacturer.
When founder Alex Tilley announced his retirement in 2015, we acquired the business and effected a smooth transition to a new management team within six months.
When Staples Inc. sought to exit the UK, we acquired the retail stores and rebranded them at speed, ultimately selling the new business to its management team.
When Chapelle's founders sought to retire, we acquired the business and effected a smooth transfer to a new management team over a 12 month period.
When Australia’s oldest chocolate manufacturer became financially distressed, we restructured the business and backed a new management team to take Hillier‘s forward.
Having acted as agents to HMV’s Administrators to ensure that the stores continued to trade, we acquired the business out of administration in 2013.
We acquired the UK business of Oneida International, provided additional funding and achieved going concern sales of the RTA Wine Racks and Samuel Groves divisions.