Due Diligence

/Due Diligence

Coniq IQ raises fundings

2020-01-20T11:19:09+00:00

HMT LLP undertook financial due diligence for Guinness Asset Management (“Guinness”) and Maven Capital Partners (“Maven”) on their investment in all-in-one marketing platform Coniq. Founded in 2011 by Ben Chesser, Coniq is a dynamic, fast-growing proptech business which provides customer loyalty and CRM solutions to leading developers, landlords, retailers and shopping centres across the world. Coniq operates in 24 countries providing mobile-enabled programmes for 1,800+ brands in over 5,000 locations. The Coniq IQ suite is used by over [...]

MBO of Pet Mate

2020-01-16T09:04:27+00:00

HMT LLP advised Ethos Partners on the management buyout of UK based designer and manufacturer of pet products, Pet Mate Ltd. Founded in 1986 by husband and wife Chris and Barbara Kirk, Pet Mate is a market leader in its pet product niche and has grown consistently at 15% per annum in recent years to over £2m EBITDA. Under the brands of Cat Mate, Dog Mate and Fish Mate, the company has established a reputation (over 30 years) [...]

CIPHR acquires Payroll Business Solutions

2019-12-17T13:10:44+00:00

HMT LLP advised LDC backed HR software solutions provider CIPHR Ltd on their acquisition of payroll software & service provider Payroll Business Solutions (“PBS”). Established in 1992 and based in Marlow, CIPHR is one of the UK’s most trusted HR systems providers and supplies UK small and medium sized businesses with HR Software as a Service (Saas), payroll software and eRecruitment solutions to enable their customers to manage their workforce more effectively. PBS provides end to end payroll [...]

Active Navigation secures $11million Series A funding

2019-12-02T12:00:31+00:00

HMT LLP advised Mobeus Equity Partners (“Mobeus”) on their investment in data privacy software company Active Navigation. Headquartered in Winchester with offices in the USA, Active Navigation is an industry leader providing unique file analysis software used for content discovery, compliance, classification and ongoing governance and control of unstructured data for leading commercial and government organisations across the world. Mobeus led the $11million fundraising, to support the launch of a new SaaS product and accelerate Active Navigation’s further [...]

Arbuthnot Commercial ABL completes £5m refinance deal

2019-11-27T10:41:52+00:00

HMT LLP advised Arbuthnot Commercial Asset Based Lending (“Arbuthnot Commercial ABL”) on the refinancing of window and door supplier GJB Group, including Listers Central Ltd (“Listers”). Based in Rayleigh, Essex, with Listers located in Stoke on Trent, GJB Group have been manufacturing and supplying market-leading window and door systems for over 25 years, making them one of the industry’s most experienced and forward-thinking trade suppliers. Arbuthnot Commercial ABL supported the window and door suppliers with a package totalling [...]

MBO of Motocaddy

2019-10-23T09:00:40+00:00

HMT LLP have completed a combined buyside advisory engagement comprising debt advisory and financial due diligence for Ethos Partners on their investment in UK leading golf trolleys and accessories retailer Motocaddy Holdings to support the MBO. Founded in 2004, Motocaddy aims to bring the very best in design, build and functionality to golfers of all ages and abilities looking for reliable and affordable golf trolleys. They have developed an award-winning line of electric and push models available in [...]

Festicket acquires Event Genius and Ticket Arena

2019-08-30T10:17:20+00:00

HMT advised leading festival booking platform Festicket on their acquisition of ticketing platform Event Genius and their consumer facing brand Ticket Arena. Founded in 2012 by Zack Sabban and Jonathan Younes, Festicket empowers music fans with a seamless service to discover and book tickets and travel packages to over 2,000 music festivals worldwide. The two-sided marketplace uses a network of nearly 6,000 accommodation and travel suppliers to create unique festival experiences for millions of festival-goers from around the [...]

Refinancing of Precision Technologies

2019-07-11T08:44:57+00:00

HMT LLP advised Arbuthnot on the refinancing of specialist precision component manufacturer Precision Technologies Ltd. Arbuthnot provided a cash flow loan and receivables financing facility to Precision Technologies. Based in Tamworth, Precision Technologies is a high precision engineering company specialising in the manufacture of gears, gauges and splines which are used in the most demanding and high profile industries such as aerospace, healthcare, oil and gas, motorsport and automotive. Precision Technologies’ Engineers use the latest technologies in CAD/CAM, [...]

MBO of Whiteleaf Furniture

2019-04-29T15:10:05+00:00

HMT LLP advised contract furniture manufacturer Whiteleaf on their recent MBO.    Established in High Wycombe in 1870 by specialist chair maker William Goodearl, Whiteleaf produces contract bedroom and living room furniture predominantly for the student accommodation market. Working independently or alongside design professionals, Whiteleaf offers a complete service; from manufacture & supply only, to a project managed, turn-key option; inclusive of bedroom, kitchen, lounge and communal furniture. The investment will enable Whiteleaf to grow the business and [...]

MBO of Amberjack backed by LDC

2019-04-25T12:12:15+00:00

HMT LLP advised on the management buy-out of graduate recruitment services firm Amberjack Ltd. LDC Private Equity invested £17.6 million to support the business. Based in Newbury, Amberjack provides specialist career services and software to many of the UK’s largest employers, with a particular focus on graduates, school leavers and apprenticeship programmes. It uses proprietary cloud-based software tools to automate processes, manage application volumes and provide data driven insights to help assess and select candidates and also provide [...]