Project Summary: Set-A-Side Storage

We are delighted to have provided debt advisory support to Billy Morley to assist him with his acquisition of Set-A-Side Storage funded by Shawbrook Bank. The transaction represented a sale by the founders who established the business in June 2000. Set-A-Side provides set, prop and costume storage to the UK’s rapidly growing TV and Film sector.

The key to structuring transactions of this nature in the sub £5m centres on ensuring the business has suitable headroom during the transition, enabling the management team to focus on establishing new relationships and growing the business. The case was no different with Set-A-Side and it was a pleasure to work with Billy on this very exciting project.

Funding Need: Management Buy In

Facility: Term Loan

Sector: Transport and Distribution

Value: £5m

Date: Q1 2024

Billy Morley, Managing Director, Set-A-Side Storage commented “Set-A-Side provided the ideal platform for me to start to build a diverse storage business and having someone like Paul with his considerable experience of funding transactions of this nature made the whole process far easier to navigate. I would have no hesitation in picking the phone up should I require any further funding support in the future.”