Heligan Group advises Superbia Group on acquisition debt

Heligan Group has played a key role in advising Superbia Group, a repeat client, to secure a new debt facility and complete a strategic bolt-on acquisition. The £7 million transaction involved refinancing an existing facility and marks the second successful collaboration between Heligan Group and Superbia Group in the past year.

Our role involved:

• Debt advisory on the refinancing of the existing facility with a new £7 million facility plus a committed accordion
• Providing buy-side support to Superbia on the bolt-on acquisition

Matt Croker, Corporate Finance Director at Heligan Group, commented on the successful collaboration, saying, “It was a pleasure to work with the team at Superbia and Shawbrook to help deliver Superbia’s 5th acquisition in less than twelve months. The acquisition provides Superbia with a scalable platform in the South East for further bolt-on acquisitions, and Shawbrook’s team had the sector and regional knowledge to deliver the funding for the overall strategy and this transaction in the timescales required.”

The transaction was successfully executed by the deal team: Alex Neale, Khal Ali, Greg Eater, Matt Croker.

Other advisors involved:

• Shakespeare Martineau - banking and corporate for Superbia
• Clarion - Shawbrook banking
• Colas Crill – Jersey lawyers for both Superbia and Shawbrook
• Magma – FDD on enlarged group for Shawbrook
• RSM – FDD on Headley
• Bishop Flemming – Tax DD on Headley