Page 3 - Leumi-ABL-Deals-Review-2017
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SUPPORTING PRIVATE EQUITY


      We continue to build and reinforce our relationships with the Private Equity community,
      and are pleased to see a greater proportion of PE sponsored deals. This has created some
      good opportunities for our experienced team and we are building a strong reputation amongst
      the PE community as an ABL provider that takes the time to listen to clients, works hard
      at building relationships and delivers what we promise.

                                                   SPS & SSS

                                                   £14.5m, comprising £9m CID facility
                                                   + £4.5m inventory facility + £1m term loan

                                                   In May, Leumi ABL supported the MBO of two businesses, Steel Plate
                                                   & Sections Limited and Stemcor Special Steels Limited from their
                                                   holding company group. The management team was supported with
                                                   investment from Breal Capital affiliates and secondary funding
                                                   from Breal Zeta Limited.

                                                   Brent Osborne (Breal Group): “Leumi ABL’s proposal was attractive
                                                   as it provided funding against all the business assets. Leumi worked
                                                   with us to make sure completion was achieved in the required and
                                                   challenging timeline, whilst really understanding the business.”



                                                   KINDERTONS GROUP

                                                   £18m structured invoice discounting facility

                                                   Leumi ABL supported the refinancing of Private Equity owned
                                                   insurance services business, Kindertons Group. The refinancing
                                                   provides flexible funding to support Kindertons’ growth plans, both
                                                   organically and through a targeted buy and build strategy. Sovereign
                                                   Capital, the UK Buy & Build Specialist, invested in Kindertons
                                                   in 2013 and since then, the Group’s revenues have grown significantly.

                                                   Rob King (Sovereign Capital): “We approached Leumi due to their
                                                   pragmatic style and ability to structure business-appropriate financing
                                                   packages. Leumi has delivered a funding solution which provides
                                                   significant flexibility to support the business’s substantial growth.”


















                        GO INTERIORS                                       HIDER FOOD IMPORTS

            Leumi ABL supports growth of £65m turnover           Leumi ABL completes multi-facility ABL package with
                     building products Group.                          UK distributor of nuts and dried fruits.

            Funding provided to support the acquisition            Facility comprised £5.75m invoice discounting,
             of Birmingham based FGF, by Go Interiors,             plant and machinery finance and a stock finance
            the largest independent specialist distributor       facility to support growth plans for this family-owned
                 in the construction interior sector.                     business operating since 1965.
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