The last major shock to the UK economy was in 2008 when the debt market was dominated by the high street banks whose appetite to lend all but stopped. However, since then the UK debt landscape has developed beyond recognition, with the addition of numerous new debt providers, such as the Debt Funds and a plethora of debt products providing numerous funding solutions.
HMT, led by Partner Andrew Thomson and Director Ricky Lane, advised the shareholders of London-based smart home technology solutions provider SM Contracts Limited (“SMC”) on a partial exit of the three founders by way of MBO. The deal was funded by an 8-year term loan from funding specialist Caple International.
HMT LLP led by Partner Paul Read and Manager Andrew Reid advised Rockpool Investments on their investment in system integration and data analytics specialist Xiatech.
And so we come to our final seasonal message this year, HMT of Christmas Future. Having shared some of our highlights from the last 28 years, then briefly looked at the strange times in which we find ourselves, we wanted to conclude by giving you a glimpse into some of our plans for 2021 and beyond.
HMT LLP advised YFM Equity Partners on their £3.75million investment in global commodities broker ARRACO Global Markets.