Construction
The construction is being driven by changes in society, a need to be less impactful which at the same time meeting the needs of a technological world. Market participants encompass a broad range of businesses involved developing and building hotels, commercial and residential property.
With the industry being increasingly impacted by legislation and sustainability-focused investors governments and businesses are increasingly focused on the journey to net zero and improving the sustainability of their operations, including their buildings and infrastructure. This has led to a growing demand for sustainable construction practices and materials, such as green buildings, renewable energy systems, and recycled building materials.
Firms that demonstrate these requirements, as well as a broad customer base, a niche market or strong market position, continue to attract quality buyers and funding.
Recent Transactions
Sale of e-commerce specialist to US-based Malouf
Advised the shareholders of Plastico during their debt renegotiation with HSBC
Foresight provided development capital for intelligent fire suppression specialist, iMist
Refinancing of eGreen from HSBC to Arbuthnot Latham
Assisting Casa Cuervo on its purchase of Irish whiskey distillery, Bushmills, for $760m from Diageo
MBO of GTK, a semiconductor business, backed by Yorkshire Fund Managers
Vendor initiated MBO of high-technology cables manufacturer funded by Lloyds Bank Plc
Debt advisory for KIMS Hospital with Clydesdale bank providing senior debt and Magnetar Capital providing mezzanine for new-build hospital
Debt advisory and sale to management of leading retail packaging business
Growth capital provided for green building materials business by Octopus Ventures and Clydesdale Growth fund
New Zealand’s first take-private transaction, Pacific Retail Group, funded by Logan and GE
Series of bolt-on acquisition for Graphite PE, backed by Micheldever Tyre Services
Strategic advice on the restructuring of Powerhouse for New Zealand-listed Pacific Retail Group - this included the first use of a CVA to limit shareholder exposure to long leases
Sale of platform lift business, Gartec, to Sweden-based Aritco Lift AB
Renegotiation of debt facilities following acquisition
Assisted Mobeus in its investment into logistics business Anthony Ward Thomas, Bishops and Aussie Man in a Van
Sale of eDrive Engineering Services Limited to US tech buyer
Disposal of ingredients business to Maven-backed Atlantic Foods
Assisted in debt raising from Clydesdale Bank for leading Burger King franchiser
Advised management on its MBO of flow meter business, with funding from Natwest Bank
Corporate finance advice for this specialist VW camper vehicle business, an early adopter of online sales
Capital raising from Nigel Wray into this branded consumer products business
Advised Altitude Partners on its investment into this specialist manufacturing business
Accelerated disposal of South Coast steel construction business
Advised the shareholders of Parker on approaches from potential bidders - sold to Cairngorm Capital
Acquisition of Independent Components Limited - a flue systems manufacturer
Strategic advice to world-renowned classic Aston Martin specialist
Strategic valuation advice to shareholders
Advised on the disposal of Claydon Group Holdings to a private investors group
Debt advisory on working capital facility provided by Nucleus Commercial Finance, for green building materials business
Acquisition advice on purchase of Spanish Agromark and its UK distribution partner, Marshalls
Sale of British & Brazilian to AG Thames Holdings Limited
Acquisition of MMF Group Limited - a specialist chimney and flue supplier
Advised on Acquisition of Overtis Solutions, a security software and hardware business, out of Overtis Group
Advised founders on their exit to co-shareholders