ThinCats driving the rise of non-bank lending for M&A funding
In this update:
How the M&A debt funding landscape has changed over the last decade
We have taken a look at how the debt #funding landscape for M&A transactions has changed over the last decade. The big 5 banks' market share for M&A lending dropped from 63% in 2014 to 28% in 2023, while challenger and asset-backed lenders saw slight increases, and alternative lenders surged to 28% from 2% in 2014.
￡100m milestone for ThinCats Transitional Capital funding
Since inception in 2022, our Transitional Capital team, led by Stuart Thompson and Greg Beamish has now delivered over ￡100m in #funding to high #growth businesses, facilitating more than 20 #acquisitions to date.
Transitional Capital enables businesses to utilize senior debt to support #investments, it is one of our most flexible debt solutions and has been used very effectively to execute buy and build?strategies and shareholder recapitalisations to provide a return to shareholders ahead of an exit.
Optimism growing amongst Midlands Dealmakers
Last month we hosted our first #Midlands Dealmaking #roundtable with a panel of leading Midlands financiers alongside our Senior Director for the Midlands Matt Vincent, Chief Commercial Officer, Mike Hackett, Chief Credit Officer, Greg Beamish and Head of Transitional Capital, Stuart Thompson .
It was a vibrant discussion covering a range of topics, specifically how the Midlands’ deal making market is set to fare over the next 12 months, challenges facing advisers and growing trends in event driven finance.
领英推荐
We are delighted to have provided ￡5.5m in growth capital to experiential leisure operator, Big Fang Collective, supporting the business’ plans for further #expansion across the UK. Following the additional ￡5.5M funding from ThinCats, Big Fang Collective has sights set on targeting cities across the #UK, with a number of new venue launches already in planning.
In February we supported Hyperion Equity Partners with #funding to launch Ranger Fire & Security, a new national group in the fire and security industry with two highly regarded businesses in the sector: Amerex Fire International Ltd and Ignis Fire Protection, to form the new group.
The funding will provide a platform from which the group can continue its expansion via an ambitious buy and build strategy, with several complementary businesses already in discussions.
We have supported Chiltern Capital with their investment in Rapid Repair Network Limited, a market leading provider of same day vehicle repairs.
The #investment and partnership with Chiltern will drive growth, with plans to add to the existing fleet and expand its partnership network to serve a growing customer base.