Buy-side Advisory to Alliance in Partnership

About the deal:

AiP is a leading specialist educational catering provider, operating over 170 school catering contracts and feeding over 35,000 pupils a day across central England and West London. The company, which has sales of over £14 million and employs over 800 people, supplies freshly, cooked schools meals to primary, secondary, academy and specialist schools, within the state and independent school sector. The management buy-out was supported by a £5.2 million equity investment by Key Capital Partners with a debt package provided by Yorkshire Bank Acquisition Finance.

How we made a difference:

• Negotiated the transaction with a private shareholders which had different exit requirements.
• Negotiated funding terms on behalf of the management team with both equity and debt providers.
• Controlled pricing negotiation acting as intermediary between the competing requirements of investors, management team and vendors.
• Project managed the process throughout securing a successful completion.