Precision Colour Printing Limited (PCP)
Posted: 10th May 2024 | Share
Leumi ABL is very pleased to be supporting PCP with loan and working capital facilities.
PCP is one the UK’s most established and trusted printing companies. Based in Telford the company has a reputation for quality, reliability, and speed of service.
Leumi ABL’s £4.75m flexible finance facility supports Hypax, a UK/German Special Situations Investor, with the carve-out of the company from Claverley Group and working capital requirements. Leumi were chosen because of their ability to provide a meaningful scalable facility at pace and reputation for execution.
Commenting on the deal Philipp Sterkel, Managing Partner at Hypax, said: “Leumi have not only been able to understand the complexities of the carve-out and transformational journey quickly but have been able to combine the commercial mind with a very speedy credit process."
Ryan Whitworth, Leumi ABL Regional Sales Director, added: “I’m so pleased to have supported Hypax with this carve-out transaction. Hypax have a transformational plan to develop PCP over the coming weeks, months, and years and will bring enormous value. The business is an established presence in the UK printing sector, with a strong team, and an enviable reputation. We are delighted to be partnering with them."
Ryan Whitworth, Leumi ABL Regional Sales Director