Fairway International Travel secures backing from ThinCats

Halifax travel firm which supports golfers on the PGA European Tour secures backing from ThinCats Fairway International Travel (FIT), an independent travel management company, has been supported by ThinCats with £1.5m in working capital. ThinCats was introduced by Phil Tarimo at Dow Schofield Watts Debt Advisory to provide the bespoke funding package needed. Founded in … Continued

£2M Boost for Sunseekers

£2M Boost for Sunseekers North West sunbed and tanning shop specialist Sunseekers has secured a £2m loan from ThinCats as part of its plans to increase its presence across the region. ThinCats was introduced to the Sunseekers team by advisers Dave Graham and Philip Hodgson of Dow Schofield Watts, who had strong ties with the … Continued

DSW advises Tonkotsu on £5m investment

Tonkotsu – the ramen restaurant group – is set for expansion after securing a £5m investment from YFM Equity Partners. Will Baxter of Dow Schofield Watts acted as lead advisor to Tonkotsu on the deal. Tonkotsu, which is led by Managing Director, Stephen Evans, operates nine restaurants in London and one in Selfridges Birmingham, with … Continued

DSW advises on sale of leading UK caravan manufacturer to German company

Dow Schofield Watts’ corporate finance team in Yorkshire & the North East has advised on the sale of The Explorer Group Limited, a leading UK manufacturer of motorhomes and caravans, to the German company Erwin Hymer Group AG & Co. KG. Based in Consett, near Newcastle, The Explorer Group is home to the Buccaneer, Compass, … Continued

DSW advises management on £50m buy-out of NWTC by Graphite

Dow Schofield Watts Corporate Finance advised the management of New World Trading Company (NWTC) – one of the UK’s most respected pub and restaurant businesses – on the £50m buy-out of the business backed by Graphite Capital. The Knutsford-based company operates The Botanist, The Oast House, Smugglers Cove, The Trading House and The Club House … Continued

Dow Schofield Watts investment arm PHD Equity Partners invests in luxury travel company, 1st Class Holidays

PHD Equity Partners, the private equity fund focused on investing in “scale up” business opportunities has invested £2.5 million in 1st Class Holidays – the UK’s leading provider of luxury tailor-made holidays to Canada based in Manchester. The £2.5 million investment will accelerate the growth ambitions of the company and will provide an exit for Finance … Continued

DSW Transaction Services act for Playnation on their acquisition of Funhouse Leisure

Dow Schofield Watts Transaction Services undertook the financial due diligence project for Runcorn based, Playnation, on their acquisition of Funhouse Leisure.  This was the first time Dow Schofield Watts Transaction Services had worked for Playnation, however they do have a successful track record of working with their private equity backers, Palatine Private Equity. Playnation, which provides its … Continued

DSW guide MBO team on buyout of Apico – leading motorcross brand

Dow Schofield Watts advised Dylan Brown and Anna Lena Eriksson on their management buyout.  After 30 years’ service, Yrjö Vesterinen and Diane Vesterinen are handing over the reins to the younger couple, with over 40 years’ experience between them. Yrjö ‘Vesty’ Vesterinen, who started the company along with his wife Diane from small beginnings in Guildford back … Continued