Arbuthnot Commercial ABL completes £5m refinance deal
HMT LLP advised Arbuthnot Commercial Asset Based Lending on the refinancing of window and door supplier GJB Group, including Listers Central Ltd.
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 totaling £5m, providing GJB Group with a platform for significant growth and investment into furthering its product range and marketing activity.
Sean McLaughlin, a Partner at corporate finance specialists Challenge Capital LLP will be joining the GJB Group board.
HMT undertook financial due diligence for Arbuthnot Commercial ABL on this transaction.
Sean McLaughlin, Partner at Challenge Capital commented:
Andrew Rutherford, Commercial Director at Arbuthnot Commercial ABL commented:
Paul Read commented:
“We are delighted to have advised Arbuthnot Commercial ABL on their refinancing of GJB Group. The business has profited from previous investment, and this new refinance package will further provide them with flexible funding facilities to support their continued growth and innovation into new products, strengthening their position as a major force in the sector.”
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