Project Summary: Advanced Innergy Solutions (AIS)
We are delighted to have provided transaction support to the management of Advanced Innergy Solutions (AIS) in their secondary management buy out of Growth Capital Partners, funded by Barclays and HSBC. AIS is a global manufacturing leader specialising in insulation, passive fire protection and subsea umbilicals, primarily serving the marine and energy industries.
This transaction was complex in nature given the inclusion of a Club UK Export Finance Trade Facility alongside a traditional two Bank working capital and term loan funding package. The key to a successful completion was the open mindset to find solutions of all parties involved and it was a pleasure to work with the AIS management and banks concerned once again.
Funding Need: Secondary MBO
Facility: Syndicated Term Loans and UKEF Trade Finance
Sector: Manufacturing
Value: £69m
Date: August 2024
Andrew King, CFO, Advanced Innergy Solutions commented “We asked Paul to support us on this transaction having worked with us on the CRP acquisition previously. His experience, negotiation and project management skills really pushed the deal along when required. We would recommend Paul to any management team looking for debt advisory or transaction support.”