Corporate Finance Deal Announcement: contract cleaning and security firm

15th Nov 2014

We are very pleased to announce the completion of the refinancing of a contract cleaning and security firm undertaken by Lloyds Banking Group. 

The refinancing was undertaken to restructure the debt in the group subsequent to a number of acquisitions and to fund an element of cash out from the business.  Approximately £1m of new lending was issued along with the restructure of existing debt amounting to a total of approximately £2.5m.  An element of the lend was unsecured.

We provided transaction support services to Lloyds Banking Group to assist them in assessing the opportunity and in making the decision on whether to introduce new funding and restructure the existing debt.  Resources were pulled from our corporate finance, tax and audit teams to provide the range of transaction support that was required.  

Our team’s track record and experience was paramount in us being able to provide the guidance necessary for Lloyds to approve the funding.  We are delighted with the outcome for all parties involved.

Contact us

If you would like to know more about this deal or how we can assist you, your clients or your contacts, send us an online enquiry to arrange an initial no-obligation meeting.

What they say about us

SilverLining UK very highly recommends MHA MacIntyre Hudson for all your company’s financial accounting needs.Our corporation has worked with MHA MacIntyre Hudson for the last 4 years. They are truly the best at what they do.They continually provide timely and excellent service and go ‘above and beyond' for their client. Their knowledge, communication skills and professional qualifications are of the highest quality and standards. SilverLining UK - Construction Sector

What they say about us

With MHA MacIntyre Hudson’s support, our business has been very successful since we started three years ago. Simon Burke - Dalbergia Group