DSW Debt Advisory team help Total Fitness secure £6.5m funding for growth Total Fitness, which operates 15 health and fitness clubs across the North of England and Wales, has secured a £6.5m loan from OakNorth Bank to refinance an existing loan facility and support the refurbishment of several of its clubs. Dow Schofield Watts Debt … Continued
Pre-Pack Saves 32 Jobs at High-Profile Chester Bar & Restaurant A Chester bar and restaurant described as ‘Instagram heaven’ has been sold in a pre-pack deal that will save the jobs of all 32 staff. The Chester Boujee Bar and Restaurant has been acquired by one of the founding directors. It follows the appointment today … Continued
Banana Tree Acquired by the Big Table Group Banana Tree, a fast-casual pan-Asian chain, has been acquired by the Big Table Group, the operator of Las Iguanas, Bella Italia and Café Rouge. Will Baxter and Payam Keyghobadi of DSW Corporate Finance’s team in London advised the shareholders of Banana Tree on the transaction. The restaurant … Continued
Citation Group makes a key acquisition in the food sector The Citation Group – the Wilmslow-based support services provider – has strengthened its food hygiene and health and safety consultancy services with the acquisition of SureFoot Solutions. Dow Schofield Watts’ transaction services team advised The Citation Group on the deal, which is its third key … Continued
New owner for premium holiday parks group The Yorkshire & North East Corporate Finance team has advised the shareholders of Argyll Holidays on its sale to international resort operator Cove Communities. Argyll Holidays, one of Scotland’s leading holiday brands, operates eight premium holiday parks across Argyll and Bute. Known for the natural beauty and picturesque … Continued
Leisure Lakes Bikes’ sale to JD Group: the route to a successful exit Dow Schofield Watts advised one of the UK’s premium bicycle retailers on its sale to JD Group for an undisclosed sum. Leisure Lakes Bikes supplies an unrivaled range of cycles, parts and accessories through its 10 UK stores and strong online presence. … Continued
Bally’s Corporation acquires Degree 53 Degree 53 a Manchester digital agency has been acquired by US-listed global gaming, betting and interactive entertainment company Bally’s Corporation. Sophie Colloby of Dow Schofield Watts Transaction Services provided financial due diligence on the deal. Degree 53 was founded by Andrew Daniels in 2013 following investment from Betfred founder Fred … Continued
Growth and succession for leading holiday home manufacturer The Yorkshire & North East Corporate Finance team has advised the shareholders of Carnaby Caravans on raising finance to support further growth and facilitate management succession. Carnaby Caravans, a leading manufacturer of high-quality holiday homes, is set for further growth following a record year which has seen … Continued
Firesprite enters next level with sale to Sony The Yorkshire & North East Corporate Finance team at DSW has advised on a high profile deal which will see Firesprite the UK-based videogame studio with a history of developing highly-polished showpieces for cutting-edge hardware being acquired by Sony Interactive Entertainment (SIE). The transaction builds on an … Continued
Habicus Group acquire long-standing competitor The Apartment Service Habicus Group, the parent company of serviced apartment agent SilverDoor, has acquired long-standing competitor The Apartment Service. James Curtis and Gregg Pendlington of Dow Schofield Watts Corporate Finance advised Habicus Group on the deal. The acquisition will bring together two of the largest global serviced apartment agents. … Continued
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 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
Darlington based, The Feel Good Group, a leader in the UV and spray tanning solutions market, has raised growth capital from Perwyn and HSBC in order to continue its store roll out expansion strategy. The business is the largest operator in the UK with over 80 tanning stores nationally trading under the Tanning Shop brand. … Continued