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Recent deals

July 2009

Lloyds TSB Commercial Finance Limited - capital raising undertaken by Findel plc

We advised Lloyds TSB Commercial Finance Limited in connection with a capital raising undertaken by Findel plc, a retailer operating in the home shopping, education and healthcare sectors.

March 2009

Inter MK financing deal

We acted for Inter MK in respect of a further financing deal with Clydesdale Bank plc.  The funding is to assist with the development and completion of the Stadium MK and arena.

Sectorguard plc's acquisition of Legion Group plc

We advised National Westminster Bank plc in connection with AIM listed Sectorguard plc's acquisition of Legion Group plc. Legion Group plc is the UK's oldest established policing services and security services group.

December 2008

Becatech Limited - management buy-out

We acted for West Register (Investments) Limited (a wholly owned subsidiary of The Royal Bank of Scotland plc) who assisted with the debt funding to allow Becatech Holdings Limited to acquire the shares of Becatech Limited.

Becatech Limited was formed in 1993 and provides security advice and solutions to various departments of the UK infrastructure, departments of Government, heritage industries and private sector companies.

October 2008

Digital Marketing Group plc's - acquisition of Gasbox Limited and Cybercom Group UK Limited

We acted for Barclays Bank Plc who provided various loan facilities to AIM listed Digitial Marketing Group plc to assist with the purchases of Cybercom Group UK Limited and Gasbox Limited. Digital Marketing Group plc is one of the largest digital marketing agencies.

July 2008

Hotbed Limited - acquisition of Bentima House

We acted for Hotbed on the £9m acquisition of Bentima House (on Old Street, London) by a Guernsey acquisition company on 17 July 2008. Our team comprised lawyers from corporate, banking and real estate and funding comprised bank facilities and an equity and mezzanine split. 

April 2008

F&S Pipework Services Limited - management buy out

We advised HSBC Bank plc in connection with the provision of debt funding to assist the management buy out of F&S Pipework Services Limited, a mechanical services company based in Luton.

SHG Holdings Limited - acquisition of South Hereford Garages Limited

SHG Holdings Limited acquisition of South Hereford Garages Limited completed on 4 April 2008. Our banking team acted for National Westminster Bank Plc who provided term and working capital facilities. South Hereford Garages was established in 1973 and is one of the UK’s leading Volkswagen retailers.

March 2008

Falkland Islands Holdings plc - acquisition of Momart International Limited

We acted for HSBC Bank plc who provided various term and working capital facilities to AIM listed Falkland Islands Holdings. The transaction involved the £10.27m acquisition of the world's largest transporter of fine art.

Sectorguard plc – acquisition of Manguard Limited

We acted for National Westminster Bank Plc and RBS Invoice Finance Limited who provided term and working capital facilities to assist with the purchase by AIM listed Sectorguard plc of the issued share capital of Manguard Limited.  Sectorguard plc is one of the UK’s largest guarding companies.

December 2007

Barclays Bank plc – Dominos Pizza UK & IRL plc

During 2007 we advised Barclays Bank plc on its provision of working capital and revolving credit facilities to Dominos Pizza Group and Dominos Pizza Group Employee Benefit Trust.

November 2007

Inter MK – stadium development finance

We acted for Inter MK in respect of its financing deal of £28m with Clydesdale Bank plc.  The funding is to be used to help complete phase 2 of the development of Stadium MK the home of the MK Dons football team.

August 2007

HSBC Bank plc – Refinancing of GK Foods UK Limited

We acted for HSBC Bank plc of the £17m refinancing of senior debt and working capital facilities following GK Foods UK Limited’s acquisition of WT Foods Limited.  WT Food’s brands include Encona sauces.  

The Vending Corporation Limited - management buy out

We acted of National Westminster Bank plc and Royal Bank of Scotland Invoice Finance Limited who supported the management buy out of The Vending Corporation, the UK’s leading independent distributor of chilled beverage and snack vending machines.  Private equity investment was provided by Beringea.

April 2007

Hotbed Limited – acquisition of Trafalgar Court Guernsey

We advised Hotbed in connection with the banking facilities provided by Royal Bank of Scotland International used to help fund the £63m acquisition of Trafalgar Court office park in Guernsey.

 
© EMW Picton Howell LLP 2009