Jump In secures funding

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2017-11-01T11:02:27+00:00

Jump In secures funding HMT led by Partner Andrew Thomson and Senior Manager David Copp 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 [...]

Funding to Support Acquisition of Whittlebury Hall & Spa

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2017-08-11T12:44:26+00:00

Funding to Support Acquisition of Whittlebury Hall & Spa 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 & [...]

Jump In secures funding from Santander

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2017-08-11T12:38:32+00:00

Jump In secures funding from Santander 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 [...]

Investment in Dovetail Games by Alcuin

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2017-06-06T10:54:33+00:00

Investment in Dovetail Games by Alcuin HMT LLP led by Partner Paul Read 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 [...]

Investment in Chic Retreats by Maven

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2017-06-06T10:54:33+00:00

Investment in Chic Retreats by Maven HMT LLP led by Director Peter Wear 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 [...]

Disposal of The Green Board Game Company Ltd to Searainbow Group Ltd

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2017-06-06T10:54:34+00:00

Disposal of The Green Board Game Company Ltd to Searainbow Group Ltd HMT LLP led by Tax Director Holly Bedford advised the shareholders of High Wycombe-based The Green Board Game Company Ltd (“Green Board Game Co”) on their disposal to Searainbow Group Ltd (Searainbow). Established in 1991, Green Board Game Co invent and produce environmentally friendly games for families and groups to learn and play together. Green Board Game Co products include the best-selling BrainBox range, educational card games for [...]

Investment in The Light Cinemas Ltd by Connection Capital

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2017-06-06T10:54:34+00:00

Investment in The Light Cinemas Ltd by Connection Capital HMT LLP led by partner Andrew Thomson, director Paul Read and manager Adrian Howells advised Connection Capital LLP (“Connection”) on their investment in London based leisure and entertainment company The Light Cinemas Ltd (“Light Cinemas”). With three cinemas across the UK and Germany, Light Cinemas aims to provide a unique entertainment experience in a friendly relaxed environment that offers excellent customer service and value for money. Featuring the latest blockbusters, independent [...]

Financial Restructuring of Aldershot Town FC

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2017-11-29T20:30:25+00:00

HMT advised Quantuma LLP (“Quantuma Restructuring”) on the financial restructuring of Aldershot Town Football Club (“Aldershot Town FC”). Southampton-headquartered Quantuma is a restructuring and insolvency practice providing a partner led service to businesses and individuals facing financial distress. Launched in January 2013 by Carl Jackson, the business is quickly becoming the premier independent restructuring practice in the South. Aldershot Town FC, based in Aldershot, Hampshire, was founded in 1992 after the closure of debt-ridden Fourth Division club Aldershot [...]

MBI of Andante Travels Limited

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2017-11-29T20:48:16+00:00

HMT, led by partner Andrew Thomson and director Paul Read, advised Panoramic Growth Equity (“Panoramic”) and incoming CEO, Ian Finlay, on the management buy-in of market leading archaeological travel business Andante Travels Limited (“Andante”). Andante, founded in 1985 by archaeologist Dr Annabel Lawson, is a leading British provider of expert guided tours and specialist holidays to destinations of archaeological interest globally. Based in Salisbury, Wiltshire, the business runs over 100 tours in 32 different countries, led by their [...]

MBO of Intuitive Limited

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2017-11-29T21:00:45+00:00

HMT, led by partner Ian Barton, advised the management team of Intuitive and Newco, led by Paul Nixon, on the acquisition of the company from Lowcosttravel Group Limited. NVM Private Equity supported the buyout with an investment of £7m. Intuitive, which is based in Croydon, was established in 2003 and provides powerful, innovative software to the travel sector. Their web-based iVector platform was launched in 2005 and is a market leading product used by tour operators in 45 [...]

Acquisition of Reading Football Club

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2017-11-29T21:13:48+00:00

HMT, led by partner Andrew Thomson and associate director Holly Bedford, were delighted to advise Thames Sports Investment (“TSI”) on the acquisition of The Reading Football Club Limited (“RFC”). TSI is an investment vehicle owned by Anton Zingarevich, who obtained 51% of the share capital from long-standing owner Sir John Madejski. RFC, a professional English football club established in 1871, is one of the oldest teams in England and was recently promoted to the Barclays Premier League after [...]

Hallmark Hotels acquisition of Croydon’s Aerodrome Hotel

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2017-11-29T21:41:02+00:00

HMT, led by partner Andrew Thomson, introduced the Hallmark Hotels Group (“Hallmark”), backed by Palatine Private Equity (“Palatine”), to the opportunity to acquire the Aerodrome Hotel based in Croydon, for an undisclosed sum. HMT both sourced the opportunity and advised Hallmark throughout the negotiations with the vendors. Palatine established the Hallmark Hotels Group in October 2007 with the aim of acquiring underperforming three-star hotels and converting them into four-star luxury hotels. The Aerodrome is the eighth to be [...]

RJD Partners backs management buy-in of Dunham Leisure Limited

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2017-11-29T21:44:34+00:00

HMT advised an MBI team and RJD Partners on the management buy-in of Dunham Leisure Limited ("Dunham"), a leading holiday park business based in South East Scotland. The management team is led by Graham Hodgson as Chief Executive and Beverley Dixon as Operations Director. Graham and Beverley previously led the private equity backed MBO of South Lakeland Parks (“SLP”) in June 2006, before the business was successfully sold in December 2007. The MBI has been financed through a [...]

Real Affinity Events becomes Venues Events Management

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2017-11-29T22:18:31+00:00

HMT, led by Andrew Thomson, advised Anita and Chris Lowe on the acquisition of the conference placement and event management business of Real Affinity Group, for an undisclosed sum.  Following the acquisition the business will trade as Venues Event Management. The business was previously sold by Anita and Chris Lowe to Real Affinity plc in 2006 and whilst it continued to trade well following its acquisition, severe trading difficulties at a group level resulted in administration. Managing Director [...]

Acquisition of Mango Event Management Limited

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2017-11-29T22:21:36+00:00

Sportsworld Group, the leading international event services company, has acquired the full share capital of Mango Event Management Limited ("Mango") for an undisclosed sum. The agreement will significantly enhance Sportsworld’s range of creative event experiences and enable it to establish an even stronger share of the growing hospitality and events market. Mango specialises in the organisation of tailor-made experiences in four main product areas: Mango Sport for the design and delivery of hospitality programmes in the UK and [...]

Acquisition of FuturesBetting.com Limited

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2017-12-08T12:59:38+00:00

HMT advised London Capital Group Holdings plc (“LCG”), an online financial spread betting and trading company, on the acquisition of FuturesBetting.com Limited (“FBC”) for up to £400,000. FBC is a Gibraltar-based financial spread betting business which provides experienced traders with a professional trading platform that offers fast and reliable spread betting execution on major indices, currencies and commodities.  It is unique in offering unique direct market access functionality which is unavailable on other spread betting platforms. HMT commented: [...]

‘Deal of the Year’ – Management buyout of Bodycove plc

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2017-11-29T22:33:25+00:00

HMT, led by partner Andrew Thomson, advised the Management of Tristar Cars Limited ("Tristar") on the management buyout of Bodycove plc. Bodycove is a non-trading holding company of Tristar Cars Limited, the UK’s market leading executive chauffeuring business. Bodycove is also the Holding Company of Tristar Services (US) Inc, a fast growing US chauffeuring business. In the last 20 years, Tristar has developed into the UK’s longest established and market leading executive chauffeuring business. Tristar has developed a [...]

Acquisition of PRA Destination Management Inc and Patti Roscoe and Associates Inc by Allied Europe Limited

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2017-12-08T14:51:09+00:00

HMT were delighted to act as lead advisors and reporting accountants for Bank of Scotland plc and Allied Europe Limited (“Allied”) in Allied’s acquisition of San Diego based  PRA Destination Management Inc (“HQ”) and Patti Roscoe and Associated Inc (“Core4”), (collectively “PRA”). Allied, which is owned by Jim Hensley, is a long established and leading European destination management company (“DMC”), operating in the UK, France, Monaco, Italy and Spain. The main business activities for DMCs are organising product [...]

Investment in Harmony Media Group

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2017-11-29T22:41:28+00:00

HMT, led by partner Andrew Thomson, acted as reporting accountants for Beringea in respect of their investment in Harmony Media Group, comprising Filmnight.com and Saffron Digital. Filmnight, an online and mobile film content provider, has been established for three years and recently launched its Saffron Digital brand, using the technology developed for its mobile offering to deliver a wide-ranging service to content owners. The investment by Beringea will enable the business to develop their offering further, generating new [...]

Acquisition of School Travel Division of Kuoni Travel Limited

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2017-11-29T22:52:16+00:00

  HMT, led by partner Andrew Thomson, provided the financial due diligence for STG Travel Services in their acquisition of the trade and certain assets of the specialist school travel division of Kuoni Travel Limited. Kuoni’s specialist travel division is a well established niche provider of performing arts and study tour holidays across Europe and the US, specifically tailored for school and university students. The acquisition is in line with STG’s stated growth strategy, and provides STG with [...]

Acquisition of Tropical Locations

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2017-11-29T22:56:54+00:00

Having successfully completed the flotation of Western & Oriental plc in March 2006, HMT acted as reporting accountants on the acquisition of the trade and certain assets of Tropical Locations, a division of Bob Mortimore Travel Limited. A well established business, TL offers deluxe tailor made holidays, principally to the Indian Ocean, South East Asia, South Africa and the Caribbean. The acquisition of Tropical Locations, which is W&O’s seventh since flotation, is in line with W&O’s strategy of [...]

Management buyout of Fisher Outdoor Leisure plc

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2017-11-29T23:20:54+00:00

HMT acted as reporting accountants to ISIS Equity partners and HSBC in the management buyout of Fisher Outdoor Leisure plc (“Fisher”). Fisher was established in 1934 and has grown to be a major distributor of bike components and cycling accessories. The company enjoyed substantial growth in demand in the 1980’s due to the BMX craze and in the 1990’s with the trend for mountain bikes and associated accessories. Growth in the last few years has been driven by [...]

Initial Public Offering of Western & Oriental plc

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2017-12-08T16:09:39+00:00

HMT advised and acted as reporting accountants to specialist luxury travel group Western & Oriental plc (“Western & Oriental”) on its flotation on the AIM. Alongside the flotation the Company made two acquisitions – Ranch America and Lynton Cooper, in line with its buy and build strategy. Western & Oriental is the parent company of a specialist luxury travel group which acts as both a tour operator and travel agent through a number of high quality brands including [...]

Top Ten Holding Plc acquired Apollo Bingo for £11.1 million and Bravo Bingo for £1.8 million

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2017-11-29T23:29:10+00:00

HMT advised Top Ten Holdings plc, the UK’s third largest and only listed UK bingo operator, on the acquisition of Apollo Bingo and Bravo Bingo clubs. Apollo operates 3 bingo clubs at Rhyl, Blackpool and Caernarfon and Bravo operates a further three club in Leicester, Worksop and Blackwood. Since 2002 Top Ten has grown from 11 to 44 bingo clubs. Led by partner Andrew Thomson and assisted by senior manager Dave Cutts and director Simon Jordan, HMT acted [...]

Initial Public Offering of London Capital Group Holdings

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2017-12-08T16:15:29+00:00

HMT advised and acted as reporting accountants to London Capital Group (“LCG”) on its AIM flotation in December 2005. The flotation raised £15 million at a placing price of 82p, and on admission the market capitalisation at the issue price was £31.4 million. LCG is a fast growing, profitable and cash generative company based in the City of London. Since opening in 2003, the spread betting division, Capital Spreads, has grown at a significant rate expanding its product [...]

Top Ten Holding Plc acquired Westvale Leisure Limited for a total consideration of £15.85 million

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2017-12-08T16:22:08+00:00

HMT advised Top Ten Holdings Plc (“Top Ten”), the UK’s third largest and only listed bingo operator, on the acquisition of Westvale Leisure Ltd (“Westvale”), which operates 13 bingo clubs in the Midlands and the North for £15.85 million. Westvale, formerly Walker Leisure (UK) Limited, was originally established in the 1960s. It currently employs approximately 300 staff and offers a similar mix to Top Ten. The acquisition is a good geographical fit with Top Ten’s existing portfolio, which [...]

Management buyout of Travel Class Group

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2017-11-30T10:25:20+00:00

HMT, led by partner Andrew Thomson, were appointed to act as reporting accountants for Aberdeen Murray Johnstone Private Equity and Bank of Scotland in the management buy-out of Travel Class Group from its founding members. Travel Class is a travel company specialising in trips for schoolchildren. The company offers activity holidays at nine centres in the South of England, and organises skiing trips to both Europe and North America. Mr Ian Finlay (Managing Director) and Miss Lisa Wright [...]

Sale of Keith Prowse Limited to Compass Group plc for £20 million

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2017-11-29T23:52:31+00:00

  HMT advised the shareholders of Keith Prowse Limited ("Keith Prowse") on the sale to Compass Group plc for £20 million. Keith Prowse is one of the UK’s leading providers of corporate hospitality entertainment and it has exclusive contracts at prestigious events including St Andrew’s, Wimbledon, Cheltenham and Lords. Following the acquisition, Compass will incorporate its existing hospitality businesses under the umbrella of Keith Prowse, which Peter Selby and AK Than will be retained to run. This enlarged [...]

Acquisition by Top Ten Bingo plc of eight bingo clubs and four amusement arcades from the Mason Organisation Limited for £5.8 million.

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2017-12-08T16:59:08+00:00

op Ten Holdings plc (“TTH”), an AIM listed company, and third largest operator of bingo clubs in the UK, has acquired eight bingo clubs and four amusement arcades from The Mason Organisation Limited (“Masons”) for £5.8 million. This acquisition has increased TTH’s portfolio of bingo clubs to twenty four, which are based throughout England and Wales. Led by partner Andrew Thomson, HMT acted as lead advisers to TTH including assistance in the fund raising and financial due diligence. [...]

Wembley plc, the track based gaming company, has sold Keith Prowse, its corporate hospitality business, to management in a £6 million deal

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2017-11-30T09:26:01+00:00

The management team seized the opportunity to undertake the buyout when parent company Wembley plc announced that the Keith Prowse business was no longer core to its group. The management team, comprising Peter Selby and AK Than, had been running the business for the past 15 years, and had been instrumental in building the business to become the UK’s leading corporate entertainment provider. It has exclusive contracts at prestigious events including St Andrew’s, Wimbledon, Cheltenham and Lords. The [...]