Completion of a fundraising exercise for the highly prestigious, Lincolnshire-based Stamford Endowed Schools
We are very pleased to announce the completion of a fundraising exercise for the highly prestigious, Lincolnshire-based Stamford Endowed Schools (SES). Funding has been raised to enable SES to improve its on-site facilities and therefore increase the attractiveness of SES to prospective pupils. The deal was financed by Barclays Bank Plc. Legal advice was provided by local law firm, Greenwoods.
The deal was successfully led, negotiated and completed by Laurence Whitehead, Craig Chamberlain and Brad Agnew. We negotiated the structure of the funding package and assisted in securing the required funding, resulting in significantly improved pricing through a competitive tender process involving a number of financial institutions. The completion of this deal in the current financial climate demonstrates the strength and quality of SES and its management team. Our team’s track record and experience was important in us being able to source and secure funding in what is still a difficult debt market, which was compounded by the uncertainty around the construction sector. We are delighted with the outcome for all parties involved and congratulate all at SES for their support during the process.
SES has embarked on a capital development programme to improve the facilities across its three schools and the next project is a new multi-million pound sports complex. This complex will consist of a gymnasium of sufficient size for a basketball court, a fitness suite, changing rooms, teaching classrooms, a social area and a 25-meter, six-lane swimming pool. The complex will provide the pupils of SES with first-rate sports facilities and will greatly enhance the opportunities for the pupils.
We wish the board of governors and principal Stephen Roberts every success with the project and with the future continued success of SES.
About J&S and Quake
SES is a private educational establishment that currently educates approximately 1,700 boys and girls, providing day places for children aged between two and 18 years old and boarding for eight to 18 year olds. The education provided is appropriate for a wide range of abilities and interests. SES traces its history back to the founding of Stamford School by William Radcliffe in 1532, followed by the establishment of Stamford High School in 1877 and Stamford Junior School in 1977.
If you would like to know more about this deal or how we can assist you, your clients or your contacts who may be looking to raise funding, send us an online enquiry to arrange an initial no-obligation meeting.