Peter Hargreaves invests in Goonhilly Earth Station

, ,

2018-05-24T08:58:34+00:00

HMT LLP undertook financial due diligence for Peter Hargreaves on his £24 million investment in Goonhilly Earth Station. Founded by entrepreneur and satellite communications engineer, Ian Jones, Goonhilly Earth Station Ltd acquired the Goonhilly satellite station from BT in 2014 with a vision to create a multi-faceted space hub. Goonhilly is famous for being involved in the first trans-Atlantic TV transmission in 1962, beaming images of the moon landing across Britain in 1969, and taking part in almost [...]

Downing and NVM invest in Channel Mum

,

2018-05-24T09:48:42+00:00

HMT LLP advised Founder Siobhan Freegard and the shareholders of online video channel aimed at millennial mums Channel Mum on their third fundraising round. Downing and NVM invested £3 million to support the business. Siobhan Freegard, the Founder and Managing Director of Channel Mum is a highly successful entrepreneur who founded in 2000 the UK’s biggest parenting website Netmums. In 2011, HMT advised Siobhan and the other shareholders of Netmums on the disposal of the business to the [...]

Investment in Smyle Creative Limited

, ,

2018-05-09T09:51:22+00:00

HMT LLP advised Rockpool Investments and Chad Lion-Cachet on their investment in leading event and creative agency Smyle Creative Limited. Founded by Rick Stainton and Matt Margetson in 2003, Smyle is a leading creative agency delivering live and digital experiences to business and consumer audiences around the world, employing 70 full time staff with global brands as clients from sectors including tech, media, IT, finance and pharmaceutical. Smyle has delivered numerous international events for clients such as Samsung, [...]

Roma Finance secures funding from Foresight

, ,

2018-05-03T11:45:47+00:00

HMT LLP advised Foresight Group on their provision of a debt facility to independent principal property lender, Roma Finance. Foresight have provided a debt facility of up to £25 million to Roma. Based in Manchester, Roma provides short-term bridging finance to property developers, secured on residential, commercial and industrial properties, throughout England & Wales. Roma has a strong track record, having completed just under 500 transactions since 2014 and grown its loan book by almost 50% since January [...]

Downing invests in Glownet

, ,

2018-05-01T10:16:50+00:00

HMT LLP undertook financial due diligence for Downing Ventures on their investment in contactless solution provider for the event industry Glownet. Glownet develops a software solution that revolutionises the live event experience by creating frictionless, secure and optimised experiences for attendees, vendors, organisers and brands. The cloud-based platform delivers access control, cashless payments, crew management, social media activations, loyalty programs and customer insight solutions to music festivals, food & beverages festivals, nightclubs, trade shows, sporting events and more. Glownet [...]

ITG acquires Interact

, ,

2018-04-24T14:39:33+00:00

HMT LLP advised Ben Benson and ITG (International Training Group (Holdings) Limited) on the Management Buy-In of pioneering business training provider Interact (IRP Limited). The acquisition was supported by private equity house Rockpool Investments LLP. Interact is an internationally renowned corporate training provider with a focus on management and leadership courses.  It is unique in using actors to deliver interactive and immersive learning methodologies to provide effective practice-based learning to its clients.  The approach used responds to an [...]

Waterbear raises funding from Maven

, ,

2018-04-18T10:13:50+00:00

HMT LLP advised the shareholders of start-up Waterbear Education Ltd (“Waterbear”) on their fundraising. Maven Capital Partners (“Maven”) invested £1.1 million in the business. Waterbear is a private college working in partnership with a University offering Master of Arts and BA (Hons) Degree programmes to creative people. WaterBear’s industry-connected creative courses will be accredited and validated by the University of Chichester. Its innovative syllabus will deliver a blended learning programme, both online and on site, with a key emphasis [...]

YFM invests in Ncam

, ,

2018-03-22T17:40:42+00:00

HMT undertook financial due diligence for YFM Equity Partners (“YFM”) on their investment in augmented reality specialist Ncam. Ncam was founded in 2012 by Nic Hatch (CEO), Sam Boivin (CTO) and Brice Michoud (Senior R&D Engineer) to develop a unique augmented reality solution which combines patented camera tracking hardware that fuses data from multiple sources with proprietary software to adapt the application to its target markets. Ncam’s award winning products are utilised globally across Broadcast, Film and Episodic [...]

MBO of Rowan International

, , ,

2018-02-28T12:10:33+00:00

HMT LLP undertook financial due diligence for Connection Capital on their investment in Rowan International to support the management buy-out. Founded 30 years ago, Rowan International is one of Europe’s largest residual stock management distributors, which specialises in buying and re-selling branded goods to the discount market. The company purchases surplus stock of fast-moving consumer goods such as leading-brand toiletries and cosmetics or household items that are left over, for instance when a promotional campaign comes to an [...]

Acturis acquires insurance software business ICE InsureTech

, ,

2018-02-28T16:16:33+00:00

HMT LLP undertook financial due diligence for leading insurance software provider Acturis on their acquisition of the ICE suite of insurance software products from Hubio Technologies Limited. Founded in 2000 by David McDonald and Theo Duchen, Acturis is the leading Software as a Service provider to the general insurance industry offering an all-in-one insurance software solution to its clients. Acturis is one of the UK’s highest rated and fastest growing technology companies, and has won multiple industry awards, [...]

Disposal of Key2Futures to Horizon

,

2018-04-05T11:42:20+00:00

HMT LLP have advised the shareholders of specialist care and support business Key2 Futures Ltd (“Key2”) on the disposal of the business to Horizon Care and Education Group (“Horizon”). Key2 was set up in 2004 to meet the needs of young people leaving local authority care with complex and high support needs. Since then, Key2 have diversified to offer a range of services and expanded to become an important provider across the Midlands and South of England providing housing [...]

Investment in ADC Biotechnology by Maven

, ,

2018-03-01T10:25:51+00:00

 HMT LLP advised Maven Capital Partners (“Maven”) on their investment in anti-cancer drugs manufacturer ADC Biotechnology (“ADC”). ADC Bio operates in the highest growth sector within oncology therapeutics and has developed a unique patented Lock-Release technology for the development and manufacture of Antibody Drug Conjugates (ADC) group of cancer therapies which are designed to specifically target and kill tumour cells. Known as ‘magic bullets’, ADCs are the next generation of anti-cancer drugs which combine the unique targeting capabilities of [...]

Investment in TRX by Edge

, ,

2018-03-01T10:25:49+00:00

HMT LLP undertook financial due diligence for Edge Investments (“Edge”) on their investment in Dial Square 86 Ltd, the holding company for online TV rights licensing platform The RightsXchange (“TRX”). TRX is an online deal-making platform for TV rights licensing. It enables TV programme buyers to search for content, access instant rights availabilities, negotiate a deal and sign the contract entirely online. Presently transactions in this market happen offline and person-to-person, leading to long deal times and operational inefficiencies. [...]

Acquisition of Belcom247 by Indigo Telecom Group

, ,

2018-03-01T10:26:05+00:00

HMT LLP provided buy-side advisory services to Indigo Telecom Group (“Indigo”) on the acquisition of Belcom247 (Bellcom UK Ltd). Indigo is a leading provider of multi-vendor managed and project services to Tier 1 and 2 telecom network operators, equipment vendors, multi-national corporations and government clients. The business specialises in the design, planning, build, supply, management and support of UK, European and global telecommunications networks. Belcom247 is a trusted, specialist provider of field engineering and datacentre connectivity solutions worldwide. Belcom247 [...]

Acquisition of MCN Associates by FMP Global

, ,

2018-03-01T10:26:27+00:00

HMT LLP undertook financial due diligence for Tenzing Private Equity’s portfolio company FMP Global (“FMP”) on their acquisition of international HR consultancy firm MCN Associates (“MCN”). FMP Global is a leading provider of international and domestic payroll management services to international and UK headquartered SMEs utilising an extensive network throughout 135 countries. The company also provides a wide range of complementary services, including company set up, international payment facilitation and HR and payroll software. MCN provides specialist HR consultancy [...]

Investment in Trade Skills 4U by Palatine

, ,

2018-03-01T10:26:44+00:00

HMT LLP undertook financial due diligence for Palatine Private Equity (“Palatine”) on their investment in electrical training courses firm Trade Skills 4U. Headquartered in Crawley with sites in London and Warrington, Trade Skills 4U provides a range of electrical courses for individuals who have little or no electrical knowledge who want to become electricians, while also providing further training to those already in the profession or associated trades. Palatine invested to support the existing management team. The investment marks [...]

Whistl acquires e-fulfilment business Prism DM

, , ,

2018-03-01T10:26:56+00:00

HMT LLP provided buy side advisory and due diligence services to Whistl UK Ltd (“Whistl”) on their acquisition of e-fulfilment company, Prism DM. Headquartered in Marlow, Whistl are the leading delivery management company with activities in Business Mail, DoordropMedia and Parcels. They are market leaders in Downstream Access Mail (DSA) services, handling over 50% of bulk business mail in the UK and their mail expertise and infrastructure supports their continued growth in the parcel delivery and the e-commerce market. [...]

BIMBO of Gradwell Communications backed by Chiltern Capital

,

2018-03-01T10:27:05+00:00

HMT LLP undertook financial due diligence for Chiltern Capital (“Chiltern”) on their investment in Gradwell Communications (“Gradwell”) to support the buy-in management buy-out. Founded by Peter Gradwell in 1998, the Bath-based business has been a pioneer of voice over internet protocol (VoIP) telephony in the UK. The business has now diversified and provides a wide range of cloud-based services and connectivity to SMEs. Gradwell is a Microsoft Gold Partner for hosting, participating in the Microsoft Partner Network for hosting solutions. [...]

NVM invests in Knowledgemotion Ltd

,

2018-03-01T11:21:51+00:00

HMT LLP undertook financial due diligence for NVM Private Equity (“NVM”) on their investment in online educational content provider Knowledgemotion Ltd (trading as “boclips”). Founded in 2013 by David Bainbridge, Knowledgemotion has developed boclips, a video platform designed specifically for the education sector. boclips enables education providers to easily find, license and use video clips in their teaching products and services. The platform hosts over forty international content producers including the BBC, Getty Images, PBS, Bloomberg and Associated Press [...]

Porta Communications PLC secures funding from Clydesdale

, ,

2018-03-01T10:28:27+00:00

HMT assisted international communications and marketing group Porta Communications Plc (“Porta”) secure a £3.3 million Revolving Credit Facility from Clydesdale Bank PLC (“Clydesdale”). Porta is an international consultancy business offering their clients a range of communications, marketing, design, advertising and analytical services to meet the fast changing communications and information landscape. Porta currently owns seven specialist brands with 18 offices in 9 countries across Europe, Middle East and Asia Pacific. HMT’s debt advisory team helped Porta to raise a [...]

Jump In secures funding

,

2018-03-01T10:28:39+00:00

HMT LLP advised indoor trampoline arena operator GoJumpin Ltd (“Jump In”) on its recent development capital funding to support its continued expansion. Founded by Vernon West and Gavin Lucas together with mumpreneur Linda Willaford-West, Jump In is a leading UK leisure and recreational activities business. Jump In now has six indoor trampoline arenas nationwide in Slough, Tonbridge, Enfield, Aberdeen, Warwick and Walsall and offers jumping, fitness and free-running classes as well as jumping sessions for kids and adults. This [...]

Acquisition of Tru Solutions by TFM Networks

, ,

2018-03-01T10:28:44+00:00

HMT LLP advised connectivity service provider TFM Networks (‘TFM’) on their acquisition of Tru Solutions Ltd (‘Tru Solutions’) supported by Santander Corporate and Commercial (‘Santander’). Founded in 1995, TFM is a provider of voice, data and IT network connectivity services to multi-site SMEs across the UK. Based in Derby, Tru Solutions is a B2B mobile communications provider and will complement TFM’s range of connectivity services. Tru Solutions is the third company acquired by TFM as it has expanded in recent [...]

MBO of Nu-Heat backed by Bestport Capital

, , ,

2018-03-01T10:28:56+00:00

HMT LLP have completed a combined buyside advisory engagement comprising Financial Due Diligence and Debt Advisory for Bestport Capital (Bestport) on the MBO of underfloor heating specialist, Nu–Heat. Established in 1992, Exeter based Nu–Heat has grown to become the market leader in the design and supply of underfloor heating (“UFH”) systems and integrated renewables solutions. Employing over 100 staff, it achieved revenues of £14.7m and EBITDA of £1.8m in the year to 31 March 2017. The MBO was led by CEO, [...]

MBO of ProspectSoft Ltd backed by Maven

, ,

2018-03-01T10:30:06+00:00

HMT LLP undertook financial due diligence for Maven Capital Partners (“Maven”) on their £6 million investment in cloud-based technology company  ProspectSoft Ltd (“ProspectSoft”) to support the management buy-out. Founded in 2000 and based in Buckinghamshire, ProspectSoft provides niche, award-winning Customer Relationship Management (CRM) and e-commerce software for the Business-to-Business (B2B) market. Its technology can be fully integrated with clients’ existing accounting and Enterprise Resource Planning (ERP) packages including market-leading systems such as Access Dimension, Exchequer, Pegasus and Sage. ProspectSoft have [...]

Sohonet secures Growth Funding

,

2018-03-01T10:30:01+00:00

HMT LLP advised global media connectivity provider Sohonet Group Limited (“Sohonet”) and FPE Capital (“FPE”) on a refinancing of the business to facilitate further growth. As long time trailblazers at the forefront of connectivity and data management for the Media and Entertainment sector, Sohonet’s customers, from the big studios to post-production houses and VFX shops, have counted on them for over 20 years to knowledgeably provide creative technological solutions to fit their individual needs.  Sohonet has stuck to its three [...]

Acquisition of Vee Bee Filtration by Signum Technology

, ,

2018-03-01T10:30:36+00:00

HMT LLP undertook financial due diligence for private equity backed Signum Technology Group (“Signum”) on their acquisition of filtration equipment manufacturer Vee Bee Filtration Ltd (“Vee Bee”). Signum is a market leading group of specialised engineering businesses operating in the safety and critical service flow control sectors with a particular focus on the oil, gas and LNG industries. Signum’s vision is to build a family of quality, market leading businesses through a buy and build acquisition strategy. The post-acquisition strategy [...]

Investment in Xupes by Downing LLP

, ,

2018-03-01T10:30:36+00:00

HMT LLP undertook financial due diligence for Downing LLP (“Downing”) on their investment in leading retailer of pre-owned luxury goods Xupes Limited (“Xupes”). Founded in 2009 by Frank and Joseph McKenzie, Xupes has grown from its roots as a family business to one of the leading retailers of pre-owned luxury goods, employing approximately 25 members of staff. As well as selling high-end watches, jewellery, handbags, fine arts and antiques, Xupes also offers servicing and repairs on their luxury goods. Downing’s [...]

MBO of Clamason supported by Connection Capital

, ,

2018-03-01T10:31:24+00:00

HMT LLP advised on the management buy-out of Clamason Industries Limited (“Clamason”) supported by Connection Capital (“Connection”) and Santander. Clamason is Europe’s leading manufacturer of precision pressings and stampings.  With facilities both in the UK and Slovakia, Clamason is a multi-award winning market leader for precision pressings in the automotive, medical and domestic sectors, with established international blue-chip clients. The Management Buy-out was supported by Connection Capital whose clients invested £5.4million in the business. Funding and banking facilities were also [...]

Investment in My 1st Years by Beringea

, ,

2018-03-01T10:32:33+00:00

HMT LLP undertook financial due diligence for Beringea LLP (“Beringea”) and Hargreave Hale (“Hargreave”) on their £5 million growth capital investment in personalisation site for children’s products My 1st Years. My 1st Years is an ecommerce company that provides personalised gifts for babies and children. The company was founded by Daniel Price and Jonny Sitton in 2009, and has since become a favourite with celebrities including Dannii Minogue and Elton John as well as the royals. My 1st Years is [...]

Funding to Support Acquisition of Whittlebury Hall & Spa

, ,

2018-03-01T10:32:35+00:00

HMT's 5 Deals of Christmas - a hotel and golf resort HMT LLP advised family-owned golf resort operator Whittlebury Park on its acquisition of Whittlebury Hall & Spa for an undisclosed sum. Located in the countryside of South Northamptonshire adjacent to Silverstone racing circuit, Whittlebury Park is a prestigious resort comprising two 18-hole golf courses, venues for weddings and corporate events, outdoor and indoor activities, campsite and accommodation. Whittlebury Hall & Spa is a 254 room, 4* hotel with three [...]

Investment in Newsflare by Edge Investments

, ,

2018-03-01T10:32:44+00:00

5 Deals of Christmas - 3 videos uploading... HMT LLP undertook due diligence for Edge Investments (“Edge”) on their £2.4million investment in online video news community Newsflare. Newsflare is a video marketplace platform for video creators, licensing UGC video to some of the world’s biggest media players. Newsflare matches video content to demand and distributes the content to clients and partners around the world. Newsflare provides video to a wide range of media players, all of whom seek compelling video [...]

Connection Capital invests £4.6m of growth capital in IconX

, ,

2018-03-01T10:33:03+00:00

5 Deals of Christmas - 4 keys cutting... HMT LLP advised the shareholders of IconX Ltd (“IconX”), an innovative British manufacturer of semi-automated key cutting machines, on their fundraising supported by Connection Capital LLP (“Connection”). Established in 2010, IconX has developed “My Key Machine”, a unique, self-contained key cutting machine that is able to scan and cut more than 90% of the UK’s domestic key range. Using a unique technology, My Key Machine replicates keys quickly, efficiently and accurately, providing [...]

Acquisition of PDF by The EPI Group

, , ,

2018-03-01T10:33:03+00:00

HMT's 5 Deals of Christmas - 5 oil engineers working... HMT LLP advised the management team of The EPI Group (“EPI”) on their acquisition of leading UK-based Oil & Gas geoscience consultancy P.D.F. Limited (“PDF”). EPI is a world-class leader in consultancy services to the energy industry, covering a broad range of technical disciplines including specialist knowledge of seismic quality control.  EPI provides consultants whose specialist capabilities, experience and expertise add significant value to their client’s oil and gas exploration programs. [...]

Jump In secures funding from Santander

, ,

2018-03-01T10:33:03+00:00

HMT's 5 Deals of Christmas - 2 children jumping... HMT LLP advised indoor trampoline arena operator GoJumpin Ltd (“Jump In”) on their fundraising supported by Santander Growth Capital (“Santander”). Founded by dadpreneurs Vernon West and Gavin Lucas together with mumpreneur Linda Willaford-West, Jump In is a leading UK leisure and recreational activities business. Jump In has three indoor trampoline arenas in Slough, Tonbridge and Warwick and offers jumping, fitness and free-running classes as well as jumping sessions for kids and [...]

Investment in Dovetail Games by Alcuin

, ,

2018-03-01T10:33:03+00:00

HMT LLP undertook financial due diligence for Alcuin Capital Partners (“Alcuin”) on their investment in simulation games provider Dovetail Games (“Dovetail”). Established in 2009, Dovetail Games is a market-leader in the development and publishing of simulation entertainment products. Initially responsible for producing the Train Simulator series of products on PC, Dovetail has expanded its range of games to include flight and fishing simulation games, available for both PC and console. The company has grown from 7 employees to over 130 [...]

Investment in Chic Retreats by Maven

, ,

2018-03-01T10:33:04+00:00

HMT LLP advised Maven Capital Partners (“Maven”) on their investment in technology company Chic Lifestyle Ltd, which operates under the brand Chic Retreats (“Chic”). Chic Retreats operates in the online B2B travel and tourism sector, enabling independent and boutique hotels, as well and luxury villas, to optimise the distribution of their rooms, rates and availability online.  The Company’s innovative software targets an under served segment of the market allowing these smaller properties to manage inventory in real time and process [...]

Kallidus secures funding from RBS

, ,

2018-03-01T10:33:17+00:00

HMT LLP advised FPE Capital (“FPE”) and Cirencester-based software company Kallidus Ltd (“Kallidus”) on their financing supported by Royal Bank of Scotland (“RBS”). Founded in 2000, Kallidus is a leading provider of learning and talent Saas solutions with more than 200 clients including Boots, Telefonica, Transport for London and Eurostar. Kallidus employs around 100 staff and is majority owned by FPE following a secondary management buyout from Westbridge Capital in 2015. The funding package from RBS will support new product [...]

Investment in Contact Engine by Beringea and Amadeus Capital

, ,

2018-03-01T10:34:09+00:00

HMT LLP undertook due diligence for Beringea LLP (“Beringea”) and Amadeus Capital on their investment in SaaS solutions provider ContactEngine. Founded in 2009, ContactEngine is a SaaS platform that automates the conversations between corporates and their customers, ensuring that crucial moments such as sales, deliveries and appointments are executed with precision and minimum effort. ContactEngine’s ground-breaking solutions have attracted major clients, including Whirlpool, Virgin Media, Sky, Telecom Italia and British Gas. The company has already established a presence in Italy, Germany [...]

Investment in Channel Mum by NVM

,

2018-03-01T10:35:42+00:00

HMT LLP advised Channel Mum Ltd (“Channel Mum”), the UK’s first parenting Youtube community on their recent equity fundraising with NVM Private Equity (“NVM”). Siobhan Freegard, the Founder and Managing Director of Channel Mum is a highly successful entrepreneur who founded in 2000 the UK’s biggest parenting website Netmums. In 2011, HMT advised Siobhan and the other shareholders of Netmums on the disposal of the business to the No 1 publisher of women websites worldwide Aufeminin. Siobhan created Channel Mum [...]

Investment in MPB by Mobeus

, ,

2018-03-01T10:35:42+00:00

HMT LLP undertook financial due diligence for Mobeus Equity Partners (“Mobeus”) on their £2.1 million investment in the UK’s largest online marketplace for photographic equipment MPB. Based in Brighton, MPB was founded by Matt Barker in 2008. The business has developed a custom-designed technology that provides a more efficient and enjoyable way of selling and buying used camera equipment and is now the UK’s largest online marketplace to sell, buy or exchange camera equipment. MPB which was launched with a [...]

MBO of Indigo Telecom backed by Maven and YFM

, ,

2018-03-01T10:35:48+00:00

HMT LLP undertook financial due diligence for Maven Capital Partners (“Maven”) and YFM Equity Partners (“YFM”) on their £12 million investment in Indigo Telecom Group Ltd (“Indigo”) to support the management buy-out. South Wales based Indigo designs, installs and maintains telecom networks across the UK and Europe, enabling customers such as Vodafone, Sky and BT to deliver fixed line, broadband, mobile and other data services to a wide variety of corporate, enterprise and consumer end users. Its key capabilities include Project [...]

Investment in Thread by Beringea

, ,

2018-03-01T10:35:58+00:00

HMT LLP undertook due diligence for Beringea LLP (“Beringea”) on their investment in UK men personal styling service provider Thread Ltd (“Thread”). Founded in 2012 by entrepreneurs Kieran O’Neill, Ben Phillips and Ben Kucsan, Thread is a free online personal styling service, offering tailored advice to men on how to dress. Thanks to their unique combination of personal stylists and algorithms, Thread is able to sort millions of items to create the best outfits for each one of their clients, [...]

Disposal of QTR Transport to Palletforce Ltd

,

2018-03-01T10:37:20+00:00

HMT LLP advised the shareholders of QTR Transport Limited (“QTR”) on the disposal of the business to Palletforce Ltd (“Palletforce”) for an undisclosed sum. Founded in 1980 by Paul White, QTR is based in Newbury & Reading and operates throughout the British Isles. The business provides overall distribution solutions and can operate over 100,000 square feet of warehousing. QTR’s client base includes blue-chip companies as well as smaller businesses. Palletforce is an award-winning distribution network for small and large goods across [...]

MBO of 1st Option Safety Group

, ,

2018-03-01T10:36:13+00:00

HMT LLP undertook due diligence for Royal Bank of Scotland (“RBS”) and Management on the MBO of 1st Option Safety Group. 1st Option Safety is the leading provider of safety advice, support, training and equipment to the media and entertainment sector. 1st Option Safety offers its services to over 400 production companies, venues and events including being safety advisers on Downton Abbey, The Apprentice, The Rugby World Cup and Britain’s Got Talent as well as the Royal Opera House. HMT [...]

Investment in Hive Online Ltd by Encore Capital

, ,

2018-03-01T10:36:16+00:00

HMT LLP undertook financial and tax due diligence for Encore Capital (“Encore”) on their investment in Hive Online Ltd (“Hive”). Established in 2005, Hive is a provider of unique code on-pack printing promotional services to FMCG companies. The company provides a patent-pending, end-to-end platform that uses unique codes to verify that a consumer has purchased the product enabling FMCG brands to measure the effectiveness of their promotional campaigns and customer loyalty. Hive has won 34 COGS Awards since its creation [...]

MBO of CIPHR backed by LDC

, ,

2018-03-01T10:37:37+00:00

HMT LLP undertook financial and tax due diligence for Lloyds Development Capital (“LDC”) on their investment in HR software provider CIPHR. Established in 1992 and based in Marlow, CIPHR provides many UK small and medium sized businesses with HR Software as a Service (Saas), payroll software and eRecruitment solutions to enable their customers to effectively manage their staff. CIPHR is one of the UK’s most trusted HR systems providers and has observed a strong period of growth in recent years [...]

Investment in Vantage Finance Ltd

, ,

2018-03-01T10:36:27+00:00

HMT LLP undertook financial due diligence for lower mid-market private equity firm  Chiltern Capital LLP (“Chiltern”) on their investment in Thames Valley-based Vantage Finance Ltd (“Vantage”). Established in 2004 and based in Gerrards Cross, Vantage Finance is a leading master broker offering property lending solutions spanning commercial mortgages, bridging loans, development finance and secured loans on a national basis. Chiltern Capital has taken a significant minority stake and will work closely with the team to build out the management structure [...]

Investment in Little Black Dress

,

2018-04-05T11:45:47+00:00

HMT helps online fashion retailer Little Black Dress source funding for growth following launch of exclusive Alesha Dixon range HMT arranged and advised on the development capital investment in Little Black Dress who have just launched their Spring/Summer collections including exclusive designs from Alesha Dixon. Based in Manchester, Little Black Dress is a leading fashion brand specialising in occasion wear. Their online store offers a wide range of party and occasion dresses from renowned brands such as Reiss, French Connection, [...]

Disposal of Centric Systems Ltd

,

2018-03-01T11:04:35+00:00

HMT LLP advised the shareholders of Centric Systems (“Centric”) on the disposal of the business to Equity Networks. Based in Cookham Dean, Berkshire, Centric is a highly acclaimed business technology and IT services company. Founded in 2004 by Abbos Azad, Centric has clients based in London and the Home Counties as well as internationally. Equity Networks, a leading UK Managed Communications Service provider based in Uxbridge, acquired Centric for an undisclosed sum. Abbos has been appointed as Managing Director and [...]

Sovereign led Management Buyout of Dalepak

, ,

2018-03-01T11:04:40+00:00

HMT undertook financial due diligence of Northampton-based logistics group Dalepak Ltd (“Dalepak”) in respect of the MBO funded by Sovereign Capital Partners (“Sovereign”) and Crescent Capital (“Crescent”). Founded in 1991, Dalepak delivers a portfolio of seamlessly integrated warehousing, distribution, packing, internet fulfilment and freight forwarding services that can be tailored around individual customer requirements. Operating from four warehouse centres across Northampton, Dalepak is currently the second fastest growing business in Northamptonshire. The management buyout was led by private equity firm [...]