Friday 28 May 2010

£750,000 EQUITY INVESTMENT COMPLETION

This is another great example of the current vibrancy of our market.

Our client was referred to us following an Independent Business Review (IBR) by Moorfields Corporate Recovery that was undertaken upon the instructions of the company’s bankers. The business had been struggling as their market place had been badly affected by a number of recessionary factors and critically the bank had no further appetite to increase their exposure.

However, there were a number of very positive factors that enabled us to generate significant investor interest, with 5 meetings being held within the first two weeks following engagement.
Within 3 weeks our client was in advanced discussion with one of our investors and we are delighted to report that completion took place a short time thereafter.
This was an excellent result all round with all the stakeholders benefitting significantly and formal re-structuring procedures were avoided.

Nicholas Young, Managing Director

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