Our Strategy

We bring the skills and experience to support businesses in periods of transition, often in challenging sectors and with financial volatility. In addition, we have the ability to support companies across multiple jurisdictions.

We provide flexibility, deal certainty and speed of execution. We are focused on asset value rather than profitability, adopting a “blank canvas” approach with flexibility across all asset classes, and without any asset mix or percentage requirements.

We partner with management teams and shareholders to provide debt-only solutions, helping our clients solve problems, and providing financial and operational flexibility to build long term value.

We can provide a comprehensive standalone solution or be a complementary partner to bank debt and junior capital.

Transaction types

Acquisitions

Growth capital

Refinancings

Recapitalisations

Restructurings / Turnarounds

Exit financings

Rescue financings

Secondary debt purchases

Key Criteria

Debt size: £20m to £300m+

Structure: Flexible asset-based debt structures, including: senior term loan and RCF, stretch ABL, unitranche, FILO, second lien, split lien, bifurcated

Geography: UK, USA and selected European and other jurisdictions

Asset type: Real estate, plant & machinery, inventory, receivables, IP/brand

Financials: No minimum EBITDA; focus placed on a viable business plan