Case Studies
£25m Wholesale Debt Line for UK Retail Finance Company
Project Overview: ATVEN sourced and advised on a substantial £25 million finance line for a burgeoning UK retail finance lender.
Client: A growing UK retail finance company
Challenge: The client needed a significant injection of capital to support their rapid expansion and increasing loan portfolio.
Solution: ATVEN provided expert guidance to secure a wholesale debt line within 6 months, tailored to fuel the company's growth trajectory and financial ambitions.
Outcome: A highly tailored debt financing line was secured with the ability to accordion as the loan book scaled.
>£10m Private Equity Investment for growing Pub Group
Project Overview: ATVEN advised a growing pub group in the North of England on securing a strategic investment exceeding £10 million from a prominent real estate private equity fund, simultaneously acquiring a portfolio of 20 sites from a private seller.
Client: A rapidly growing pub group in the North of England
Challenge: The client sought joint-venture funding to fuel an ambitious buy-and-build strategy, aimed at expanding their portfolio of pubs across the region.
Solution: ATVEN advised on all aspects of the deal, running a full process which yielded a number of funding options despite the COVID pandemic providing significant challenges to the market.
Outcome: A funded JV between the client and PE fund creating a platform to execute the buy and build strategy. A 20 pub portfolio was acquired as part of the closing.
£3.7m Acquisition Bridge Debt for Pub Group
Project Overview: ATVEN sourced and advised a pub group on a £3.7m bridge loan to fund the acquisition of a 9 pub portfolio ahead of a wider debt refinance of the enlarged portfolio.
Client: An expanding pub group
Challenge: The client needed immediate funding to seize an acquisition opportunity.
Solution: ATVEN ran an expedited process resulting in multiple termsheets and consummation of a deal within 12 weeks.
Outcome: A bridge loan that allowed the client to acquire the pub portfolio within the required timeframe utilising existing assets as collateral, resulting in zero cash contribution.
£11m Senior Debt for South of England Pub Group
Project Overview: ATVEN advised a pub group in the South of England on an £11 million senior debt line against five large freehold assets.
Client: A pub group in the South of England
Challenge: Following the impact of COVID-19, the client required a flexible refinancing solution to stabilise and transition to a more sustainable operating position.
Solution: ATVEN ran a full process in challenging market conditions and succeeded where other intermediaries had failed.
Outcome: negotiated a favourable debt line with minimal covenants, providing the client with the flexibility needed to operate and recover over the medium term.
RCF Line for Solar Technology Business
Project Overview: ATVEN advised a growing solar technology business on securing a revolving credit facility (RCF) alongside a government financing line, enabling the company to scale its new product set without diluting equity.
Client: A rapidly expanding solar technology company in the North-East
Challenge: The client needed substantial working capital to scale its innovative product offerings, while maintaining equity ownership and control.
Solution: ATVEN advised on a a RCF from an instiutional lender alongside a government financing line.
Outcome: A financing line at a critical time for a small growing business, providing the necessary capital to support the company's growth without equity dilution.
M&A: Sale of US Cyber Security firm Kanguru to iStorage Limited
Project Overview: Sell-side M&A advisory to a niche US cybersecurity business focused on ultra-secure data storage hardware and software to a UK strategic acquirer.
Client: Kanguru, an industry leader in providing USB solutions, duplication equipment, and software to organisations around the world.
Outcome: A successful sale of Kanguru to iStorage Limited in September 2024 for an undisclosed sum.