Recent Deals 2011
November 2011
TRAVELZEST PLC
HW Corporate Finance is pleased to report that Travelzest plc announced on 29 November that it reached agreement with its current lending bank, Barclays Bank plc, to amend the terms of its existing debt facility and provide them with a £16m debt package. View full details.
October 2011
MARKET TOWN TAVERNS
Market Town Taverns, the niche operator of a chain of specialist ale and wine bars in North and West Yorkshire, has been acquired by the Isle of Man’s biggest hospitality operator, Heron and Brearley. The Market Town Taverns board was advised by Miles Stanyard, Director of Corporate Finance at Haines Watts Leeds. View full details.
TRUST TECHNOLOGY INVESTMENTS LIMITED
HW Corporate Finance South East is delighted to announce the successful capital fundraising for Trust Technology Investments. Trust has the sole rights to sell the "Noisefield Technology” process which provides a safer mobile phone experience for consumers. The team at HWCF, led by partners Charles Whelan and David Lock, provided lead advisory, assisted in the preparation of the business plan, ran the fundraising process and coordinated the transaction. Funding was raised through an SPV from a number of high net worth individuals. This transaction valued the business at c.£6 million. View full details.
September 2011
DRURY PSM LIMITED
HW Corporate Finance has provided deal support to Alcumus Group on its acquisition of Drury PSM Limited. Established in 1991 and headquartered in Bradford, Drury provides expert advice and guidance on complex compliance issues to over 1,200 clients nationwide. Services include HR and employment law advice, employment tribunal representation and support, health & safety audits, risk assessments and safety policy development. The acquisition is Alcumus’ third bolt-on transaction. HW Corporate Finance has advised on all three transactions having acted on the original buy-out and formation of the Alcumus Group in 2009.
June 2011
HW Corporate Finance South East, has assisted a world leading medical research University spin-out, in the preparation of their business plan, in order to raise £25 million from investors.
March 2011
EAT. THE REAL FOOD COMPANY LIMITED
HW Corporate Finance North-West has provided deal support to Lyceum Capital LLP on their acquisition of a controlling stake in EAT, one of the UK’s leading brands in the food and coffee ‘to go’ market. The transaction will see Lyceum invest alongside the founders and management to support a significant store roll-out and brand development programme.