Debt Solution Provider

Background

The Client is a full service consumer debt solution provider Their Business comprised three Shareholders, one requiring a full exit, and the other two requiring a partial exit The Company operated within a turbulent market with much uncertainty Ford Campbell delivered a pioneering £40m debt funding package The two retained Shareholders obtained 100% of the equity Considerable cash-out achieved, and a significant working capital facility to allow the Company to continue growing For confidentiality reasons other information regarding this deal cannot be disclosed

Client Testimonial

"After considering various financing alternatives including private equity, mezzanine and flotation, Ford Campbell sourced a pioneering asset based lending structure from an overseas bank. Their creative thinking procured a unique facility that married up the needs of the shareholders (in terms of value extraction) with the ongoing working capital needs of the Business. We were delighted with the result."
Group Managing Director, Financial Services Business

Smart Storage

Background

Smart Storage is a small start-up self-storage business The two equal Shareholders required a multi-million funding package to fulfil their roll-out strategy and three year business plan Our Client was insistent that following the injection of investment they would still retain a majority stake Ford Campbell sourced and structured a flexible equity funding package which allowed the Client to roll-out five additional self storage sites Our Client's objectives of retaining a majority stake was also achieved We also recruited a Financial Director for the Business

Client Testimonial

"Ford Campbell did a superb job on our behalf. They introduced us to a like-minded funder and also negotiated hard on our behalf, enabling us to retain a majority stake. Our funder has since invested more funds to rapidly accelerate our growth plan."
Jon Wyles, MD, Smart Storage

Davenham

Background

Davenham plc is a leading specialist commercial finance business providing funding to SMEs The Business was owned by the Bank of Butterfield (Cayman) who were disposing of all non-core assets The Management Team's bid was successful despite competition from trade buyers Ford Campbell acted for the Management Team, leading negotiations with the Bank of Butterfield and raising the required funding package The innovative funding package included a mix of venture capital and mezzanine finance together with a syndicate of five banks Sufficient funding was raised to finance the acquisition and to meet the needs of the three year business plan

Client Testimonial

We needed £60m of funding to get the deal away, including a very complex syndicated banking facility. We were told this could not be done out of Manchester but Ford Campbell delivered it for us."
Steve Marsh, CEO, Davenham

City Wharf

Background

City Wharf is a 40,000 sq ft office block, which had been virtually vacant for 12 months A syndicate of business owners was brought together to acquire the building Each business owner invested equity to acquire a share of the Property and relocated the operations of their Business into the building Ford Campbell raised a £5m funding package within four weeks, supported by the business covenants of the new tenants A complex structure involving two Limited Liability Partnerships was used to create a structure that worked for the different business partners The Property was sold within five years for more than three times the purchase price

Client Testimonial

"We had already exchanged contracts without the funding being in place. Ford Campbell sourced and completed the funding together with a complex LLP structure within four weeks."
Jeremy Carr, Property Partner, City Wharf

Hydra Mining

Background

Hydra Mining is a manufacturer of coal mining drilling tools owned by an engineering plc Management wished to buy the Business, yet as it operated in an industry in terminal decline, traditional sources of funding were not available The fund raising was further complicated when the Business' holding company went into receivership during the process The MBO was completed from the receivers using a combination of asset based finance, private equity from local authority providers and a cleverly structured mezzanine facility from Ford Campbell's own pool of private investors The private investors ultimately exited for seven times their equity stake

Client Testimonial

"Ford Campbell did a fantastic job at pulling the deal together helping us buy-out the company from an under performing group. They raised money from a wide range of investments including their own bank of private investors."
Gordon McShannon, Chief Executive, Hydra Mining