TRANSACTIONS
We complete a range of transactions every year for a diverse selection of clients, buyers and funders.
Management Buy Out – Vendor Initiated (VIMBO)
4 July 2016: Eastwood Anglo Corporate Finance advised the shareholders on the Vendor Initiated Management Buy-Out (VIMBO) of Camloc. EACF introduced and negotiated the funding package. The Foresight Nottingham Fund provided £1.5m to support the transaction and the Royal Bank of Scotland provided a term loan and working capital facility.
Camloc is a Leicester based leading designer and manufacturer of gas springs and dampers with sales of circa £4m previously owned by US shareholders. For the Insider Media report click here.
Management Buy Out – Vendor Initiated (VIMBO)
14 December 2015: Eastwood Anglo Corporate Finance advised the shareholders on the Vendor Initiated Management Buy-Out (VIMBO) of QS Recruitment. EACF introduced and negotiated the multi-million pound funding package. The Foresight Nottingham Fund provided £2m to support the transaction and the Royal Bank of Scotland provided a term loan and invoice discounting facility. QS provides recruitment services throughout East Midlands and South Yorkshire in six specialist divisions; Driving, Industrial, Engineering, Catering, Office and Care with sales in excess of £8 million. For the Insider Media report click here.