In 2019 Keystone Partners advised a global construction contractor in connection with a vendor assisted management buy-out and the arrangement of an associated finance package of £25 million. The finance package, which included term debt and multiple asset-based lending lines, was taken from application to completion in less than three months and provided the funding to complete the buy-out and the financial resources to develop the international presence of the business.
The business is a large, well established and respected international player operating in a growing market segment with substantial growth opportunities across all its revenue lines. Its customer base includes blue-chip clients that generate considerable levels of repeat business and it is recognised within its sector for its highly skilled, well trained and experienced team.
Partner of Keystone, Adam Rowlands, said:
“The business has been acquired by a management team which, collectively, has decades of experience of the construction industry and will continue to deliver strong growth. The Keystone team worked extremely hard to deliver a competitive and appropriately structured financing package that will extend the strong growth record of the business into the future.”