Asset based lender Venture Structured Finance
has provided medical recruitment specialist DRC Group with an £11.5
million (€13.2 million) funding package to assist its acquisition
by private equity firm Hamilton Bradshow.
The ABN AMRO-owned financier provided finance
through a receivable finance package combined with a cashflow term
loan.
The deal, which was negotiated by Hamilton
Bradshow’s MD Tristan Ramus, sees the private equity firm acquire
90 percent of the DRC Group.
Hamilton Bradshaw’s CEO James Caan said: “I am
pleased that Venture Structured Finance was able to work so quickly
to provide a suitable package. The funding line will allow for both
instant and ongoing financial support.”
Antonio Fabrizio
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData