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.
Trade Sales
01 September 2015: Eastwood Anglo Corporate Finance advised Havelock Europa plc (AIM:HVE.L) the international interior solutions provider on the sale of Skipton based Teacherboards. Teacherboards is an educational supplies business that manufactures, procures and distributes display boards, presentation equipment and other related products.
In the year to 31 December 2014 Teacherboards had sales of £4.4m and was sold to Sundeala, a manufacturer of environmentally sustainable boards. For the market announcement click here and for the Insider Media click here
Company Acquisition
05 May 2015: Eastwood Anglo Corporate Finance advised Morgan Tucker on the acquisition of North East based BES Consulting Engineers. The deal was completed just weeks after Eastwood Anglo assisted Morgan Tucker in securing a £1m cash injection from the £40 Foresight Nottingham Fund.
Private Equity Investment
07 April 2015: Eastwood Anglo Corporate Finance advised Morgan Tucker on raising a £1m cash injection from the £40m Foresight Nottingham Fund in a move that could create 100 jobs. The investment will support the Newark based company’s acquisition ambitions.
Morgan Tucker is an award winning independent consulting engineering business with an ambitious growth strategy. Foresight Group, an independent infrastructure and private equity investment manager launched the Foresight Nottingham Fund, a £40m fund looking to invest in high growth business with a focus on Nottinghamshire and Nottingham. For the Insider Media report click here
Company Acquisition
05 Nov 2014: Eastwood Anglo Corporate Finance advised Newark based Morgan Tucker on the acquisition of Bolton Priesley. Managing Director Matthew Tuck said: “this acquisition of Bolton Priestley will further develop our client services in the capital by expanding our structural engineering division there.” Morgan Tucker is an independent consulting engineering business with an ambitious growth strategy. For the Insider Media report click here.
Re-Banking and Re-Financing
01 December 2012: Eastwood Anglo Corporate Finance advised DisplayPlan Ltd on the re-banking of its finance facilities. Eastwood Anglo previously advised the management team on the Management Buy Out of DisplayPlan in January 2012 raising both equity funding and senior bank debt to fund the transaction. Successful growth post buy-out allowed the company to secure more favourable senior bank funding.
Business Structuring and Property Refinance in France
01 May 2012: Eastwood Anglo Corporate Finance advised successful racehorse trainer Eoghan J. O’Neill on acquiring an extensive training property in Normandy, France funded on an interim basis. Bill Eastwood of Eastwood Anglo Corporate Finance advised on the best and most tax efficient structure, prepared a business plan and sought funding offers to refund the interim solution. A local bank offered a 17 year mortgage with fixed annual repayments including an attractively priced fixed interest rate. Eastwood Anglo acted as adviser on the notarial transaction obviating the need for local solicitors.
Eastwood Anglo Corporate Finance is passported under EU regulations to offer Corporate Finance advice in France (and Germany & Italy) and is included on the Banque de France list of advisers.
