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
A family business which is the UK’s leading supplier of low-voltage cables to the automotive and marine industries has received a significant investment from PHD Equity Partners to drive its growth. Auto Marine Cables (AMC) employs 76 staff at its premises in Worsley, near Manchester and manufactures almost all of its own cables on site. The £14m turnover … 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
Dow Schofield Watts Transaction Services advised Foresight Group on its £4m private equity investment in Clubhouse Golf, the equipment, clothing and accessories retailer. Clubhouse Golf was originally established as an on-course professional shop by founder Paul Reeves, with a high-street store in Salford. Its ecommerce platform, launched subsequently, has quickly increased customer reach and the … Continued
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
Dow Schofield Watts’ corporate finance team in Yorkshire & the North East has advised on the £103m sale of Park Leisure 2000 (“Park Leisure”), the UK’s leading luxury holiday park operator. Dow Schofield Watts advised the shareholders of Park Leisure. The deal allows co-founder Miles Dewhurst and the management team to take control of the … Continued
The Dining Club Group, a business backed by Bridgepoint Development Capital, has today announced that it has completed its acquisition of Hi-Life Diners Club Limited (″Hi-Life″), a subscription-based dining membership club, from Hi-Life Group Limited. Matt Turner, Chief Executive of The Dining Club Group, said: “Discounted dining is part of a growing benefits sector. With … Continued
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 LLP has advised on the buyout of Greens (West End) Limited (“GWE”) the high end restaurant business by Daresbury Restaurants GWE is the owner of high end Green’s Restaurant and Oyster Bar (“Green’s”) based in St James’, London. Founded by Simon Parker Bowles in 1982 Green’s is one of London’s pre-eminent traditional … Continued
Dow Schofield Watts LLP advised the management team of South Lakeland Caravans Limited (“South Lakeland”) on their management buy-out funded by LGV. South Lakeland owns nine lodge and caravan parks in and around the Lake District and Morecambe Bay regions. Two of its Lake District parks, White Cross Bay and Fallbarrow are situated on the … Continued
Hale Leisure, the bar and pub company run by Simply Red manager Andy Dodd, has sold four city centre bars for £5m. The deal, which follows other city centre sales at The Reform and Oldham Street’s Dry Bar, means that Hale will now refocus to concentrate on the student drinking scene. Barca in Castlefield, Prague … Continued
Leading North West businessmen Patrick Cryne and Steve Graham have announced their purchase of Vale Royal Abbey Golf Club and its function facilities from Crown Golf. Patrick Cryne and Steve Graham are respectively Chief Executive Officer and Chief Operating Officer of Manchester based FTSE250 Company iSOFT Group plc. Vale Royal Abbey adds to their joint … Continued
Barnsley Council have entered into a joint venture agreement with Mr Cryne to acquire the land and property at Oakwell. The Council and Mr Cryne propose to acquire the land jointly and on a 50:50 basis. The proposition allows the Council to protect the interests of the town by becoming joint owner of the land … Continued