Manchester team scoops top dealmakers award
Yorkshire Bank’s Corporate and Structured Finance (CSF) team in Manchester has won a top honour at the prestigious Insider Dealmakers Awards.
It has been named as Acquisition Finance Team of the Year in recognition of its role as a ‘bank that is truly open for business’. The awards are organised by North West Business Insider magazine and were presented at a dinner at Manchester Central attended by more than 900 people.
Regional director for CSF, Paul Shephard said, “Yorkshire Bank has made incredible strides over the past year, backing deals in £10m to £100m deal market. We have a highly respected team who fully deserve this accolade.”
The Manchester CSF team has backed deals worth over £200m in the past year. They include the £12.5 million secondary buy-out of fitted furniture specialist Neville Johnson Group by Key Capital Partners, the investment by ISIS Equity Partners in online holiday retailer On the Beach, the £9.5 million management buy-out of KDC Group, a specialist demolition and decommissioning contractor, which was backed by Barclays Ventures and the £27m MBO of Traveljigsaw.
For further information contact:
Sam Dabbs, Dabbs PR & Marketing, Tel. 07711 672893
Michael Nicol, Yorkshire Bank, Tel. 07717 484962
Notes to Editors
Yorkshire Bank was founded in 1859 in Halifax, West Yorkshire. Today, the Bank has more than 190 branches, a strong personal customer base and a growing business capability in the North of England and the Midlands.
Yorkshire Bank is a trading name of Clydesdale Bank plc, which is a subsidiary of the National Australia Bank Group of companies. Yorkshire Bank joined the Group in 1990.
In 2006, Yorkshire Bank was voted the UK’s ‘Best Business Bank’ by the Forum of Private Business.
Yorkshire Bank Corporate & Structured Finance services:
Senior Acquisition Debt - Senior Term Debt, Stretched Senior Debt and Property Term Debt
Working Capital - Confidential Invoice Finance, Demand or Committed Overdraft and Specialist Trade and Project Finance
Specialist Asset Finance - where applicable HP and leasing facilities are available to fund the acquisition and refinance of assets as part of a wider transaction
Project Finance - allowing a deal to be structured from a long-term perspective, and tailored to match resulting project cashflows
Mezzanine Finance - available to provide even higher levels of support to proven management teams and business models.