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

Tile Giant acquired from Travis Perkins PLC

Tile Giant acquired from Travis Perkins PLC The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised Leeds based specialist investment group, Coverings, on the acquisition of Tile Giant from Northampton based Travis Perkins PLC. Tile Giant is one of the leading tiling retailers in the UK through its 82 stores … Continued

£12M Opticians Group Bayfields Secures BGF Investment

Dow Schofield Watts Corporate Finance in Yorkshire and North East has advised Bayfields Opticians and Audiologists on its investment from BGF. Bayfields was founded in 2004 by optometrist Royston Bayfield and has its head office in Esholt. It has grown to 19 practices, including sites in County Durham, Lancashire, Hampshire, Surrey and Yorkshire, with 13 sites … Continued

Outdoor brand raises £350k in fourth deal by DSW Angels

A fast-growing Cheshire clothing brand with a mission to become the ‘Levi’s of the women’s outdoorwear market’ has raised £350,000 in a funding round led by Dow Schofield Watts Angels (DSW Angels), the business angel network. ACAI Activewear was started by husband and wife team Joe and Kasia Bromley with a sewing machine on their … Continued

Buy-In Management Buyout of Star Brands Completed

The Yorkshire & North East Corporate Finance team at DSW has advised on the buy-in management buyout (BIMBO) of Star Brands, funded by Mobeus. Star Brands, the £30m-turnover laundry and cleaning product manufacturer, is headquartered in Leeds and has a manufacturing plant in Redditch. It currently employs about 125 staff, with 30 of those added … Continued

Buy-in opens door to growth for one of Yorkshire’s leading fabricators

One of the region’s long-established privately owned PVC fabrication businesses has changed hands in a management buy-in with the transaction providing an exit for the original founder shareholders. The £22m turnover SASH-Fitrite group, based in Barnsley and operating under the brands Sash UK (“Sash”) and Fitrite Fencing & Decking (“Fitrite”), has been acquired by John … Continued

Administrators at business rescue and recovery specialists Dow Schofield Watts Business Recovery LLP (“DSW”) have helped secure 121 jobs at a Cumbria based chocolate makers after assisting in finding a buyer for the business.

J E Wilson & Sons (Kendal) Limited (“Wilsons”) Business rescue and recovery specialists Dow Schofield Watts Business Recovery LLP (“DSW”) have helped secure 121 jobs at a Cumbria based chocolate makers after assisting in finding a buyer for the business. Creative Confectionery (Holme) Limited (“Creative”), acquired the business and assets of Wilsons from the Joint … 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

Jepson & Company advised by DSW’s Yorkshire Corporate Finance team on latest acquisition

DSW’s Yorkshire Corporate Finance and Transaction Services teams have advised Sheffield-based Jepson & Company Limited on the acquisition of National Numbers Limited, based in the North East, for an undisclosed sum. Jepson & Company is one of the leading, and world’s longest established, manufacturers and suppliers of number plates and number plate printing systems in … Continued

PHD Equity Partners backs £3.2m management buy-in of UK’s leading online rug retailer

Online rug retailer set for growth after £3.2m buy-in Modern Rugs – the UK’s leading dedicated online rug retailer which is based in Co Durham (URLs: www.modern-rugs.co.uk and www.sisalrugs.co.uk) – has undergone a £3.2m management buy-in backed by Enterprise Ventures and PHD Equity Partners. The deal gives operational control of the company to Martin Tragen, … Continued