6th May 2022
DSW Debt Advisory helps MLL Telecom secure £8m facility
Marlow-based managed network services provider MLL Telecom Ltd has raised a flexible £8m debt facility from TriplePoint Private Credit to accelerate the growth of the business.
DSW Debt Advisory advised MLL on the debt raise which was focused on achieving a flexible financing solution that could grow with the business through its next phase of development.
MLL is one of the UK’s leading managed network service providers. It has a long history of providing network services to mobile network operators and public sector bodies such as UK local authorities and NHS healthcare trusts. MLL was recently awarded a number of significant contracts, including a 10-year, £20m-plus contract with East Sussex County Council in late 2021.
This facility will provide MLL with the resources to deliver further network and telecommunications services for private and public sector organisations.
MLL specialises in managed network services for both private business and the public sectors through long-term Framework contracts. Established in 1991, the group employs over 170 people, managing in excess of 200 customers and 140 exchanges across the UK.
Shaun Ledgerwood, CEO of MLL Telecom, commented: “We are very pleased to have established this new facility with TriplePoint which will provide MLL Telecom with the funds to pursue our ambitious growth strategy. The capital provided will enable us to expand on our success in providing vital network services to organisations across the country and play our part in supporting both public and private sectors with our expertise.”
Gavin Harrison, Partner at DSW Debt Advisory, advised on the process. Gavin said: “MLL’s impressive team have built an offering that is successfully outperforming blue-chip competitors. The new facility from TriplePoint will enable the company to expand on its already extensive pipeline of new business. It has been particularly rewarding to be able to match MLL with a lender that could understand the complex nature of its business and offer flexibility to support its longer-term ambitions.”