Holidaybreak
Term Loan B creates headroom for Holidaybreak
£30 million loan, part of £245 million refinancing
Headquartered in Cheshire, Holidaybreak is the leading provider of education-related residential activity trips in the UK. The company operates in a range of markets across Europe, from the UK market leader in residential trips for UK schools, PGL, to the fast-growing, design-led hostel chain, Meininger.
Following the sale of the non-core Eurocamp division, the company sought to refinance the existing debt and create a more simplified capital structure.
Hall & Woodhouse
Ten-year deal for a ten-year plan
£20 million loan
Hall & Woodhouse can trace their brewing origins back to the Napoleonic Wars. Today, under the proud management of the fifth generation of the Woodhouse family, the company’s award-winning Badger brand range, including Tanglefoot and Fursty Ferret, are firm UK favourites.
New lending relationships were required to further the substantial long-term growth plans of this much admired West Country employer. In addition, Hall & Woodhouse, wanted to manage risk by looking beyond traditional banking relationships.
S&U
Lending match for S&U
£30 million loan facility
S&U is Britain’s foremost niche home credit and motor finance provider. Founded in 1938 and listed on the London Stock Exchange in 1961, S&U continues to be majority owned and run by its founding family. S&U has in excess of 140,000 customers, provides work for over 800 people and prides itself on exceptional customer service.
With an enviable track record of growth and profitability, S&U sought to diversify their lending providers and work with a finance partner who understood their sector and would take a long-term lending view matched to the length of the consumer loans offered.