Page 3 - Leumi-ABL-Deals-Review-2015

Deal Highlights in 2015

The Leumi ABL client portfolio continues to grow.
We’re seeing an increasing number of opportunities
for multi asset-based deals and are pleased to be doing
more with the Private Equity community.

With proven expertise and a strong reputation for our
personal and flexible approach, we are here to work with
you. Thank you for your support and we look forward to
discussing any new opportunities in 2016.

Arts and Crafts supplier required
flexible funding to support growth plans

Case study: Leumi ABL provided
Aeromet International Ltd. £4m CID facility
+ stock finance
Leumi ABL has provided a £9m structured funding facility
to support an investor-led buyout of leading aerospace
components manufacturer, Aeromet International Ltd.
The facility included invoice discounting, stock finance, plant
and machinery finance and an amortising term loan to help
facilitate headroom on the transaction.

Aeromet is a long established supplier of aerospace
components to aircraft manufacturers such as Boeing, Airbus
and Meggitt. The business was acquired by UK investor,
Privet Capital, as a non-core disposal from US entity, Black
Diamond. Ceramics business required funding
to support rapid growth
The complex transaction involved three trading sites in
Leumi ABL provided
the UK and a team of over 200 staff at Aeromet. Leumi
ABL were involved by Privet Capital at an early stage of £10m ABL package including CID
eventually lengthy negotiations, in order to structure the + P&M + stock finance + term loan
most appropriate funding arrangement to support both
the transaction and future growth potential with projected
revenue increases in the next three years.
Steve Keating of Privet Capital commented: “A growing
manufacturing business such as Aeromet required a flexible
funding solution. Leumi, along with Privet, put together
an acquisition package of financing which is adaptable and
able to grow with the business. We look forward to working
closely with Leumi ABL as we look to take forward the
considerable potential of Aeromet.”
Leading supplier of instant powder
Martin Risman, Regional Sales Director at Leumi ABL,
added: “We were delighted to be involved with supporting food products required flexible funding
the Privet team in acquiring the Aeromet business. It has Leumi ABL provided
well developed customer relationships, a great team full of
experience, an enviable reputation for quality and reliability £14m ABL package including CID,
stock, P&M finance + term loan
and potential for significant growth. We look forward to being
a closely aligned funding partner to the Aeromet team.”