Manolete Partners plc has completed a successful debt refinancing
March 2025 — Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Founded in 2009 by CEO Steven Cooklin, Manolete is the leading insolvency litigation financing company in the UK. The company has invested in more than 1,450 UK insolvency litigation cases and successfully completed over 1,050 of them. Manolete works alongside insolvency practitioners (IPs) from all the Big Four firms, as well as smaller regional practices. To date, Manolete has worked with over 200 IP firms and their chosen legal advisors, often on multiple cases.
Our role in the transaction
Oaklins Cavendish, one of Oaklins’ member firms in the UK, advised Manolete on this successful debt refinancing transaction. As a debt team, Oaklins Cavendish have been engaged with Manolete for nearly 18 months, having successfully renegotiated their covenant suite in March 2024.
Sprechen Sie mit dem Deal Team
David Fitzgerald
Oaklins Cavendish
Transaktionen
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Mehr erfahrenWestBridge has made a majority investment in Beckett Investment Management
WestBridge Fund Managers Limited has agreed to make a majority investment in Beckett Investment Management Group, a leading financial planning business in the east of England. The transaction is the fifth investment from WestBridge III and is subject to regulatory approval by the Financial Conduct Authority (FCA).
Mehr erfahrenGeralseg Internacional has divested 80% of Geralseg to Horizon Equity Partners
The shareholders of Geralseg have successfully divested an 80% stake in the company to Horizon Equity Partners. Horizon’s investment will support Geralseg in its next phase of strategic growth, focused on capturing market opportunities driven by rising demand for electronic security solutions, strengthening its technical and service capabilities and consolidating its expansion across Portugal.
Mehr erfahren