Investment in Vantage Finance Ltd
HMT, led by Partner Paul Read and Manager Antonia Fernandez, undertook financial due diligence for lower mid-market private equity firm Chiltern Capital LLP (“Chiltern”) on their investment in Thames Valley-based Vantage Finance Ltd (“Vantage”).
Established in 2004 and based in Gerrards Cross, Vantage Finance is a leading master broker offering property lending solutions spanning commercial mortgages, bridging loans, development finance and secured loans on a national basis.
Chiltern Capital has taken a significant minority stake and will work closely with the team to build out the management structure and further develop the company’s sales and marketing function. David Barral, the former CEO of Aviva’s life insurance business joins the Board as Chairman. David will work closely with the team as the business continues to develop its distribution channels and capabilities. Alex Sheffield and Tom Phipps from Chiltern have joined the Board.
Funding to support the deal has been provided by the Royal Bank of Scotland’s Corporate Transactions team.
HMT undertook financial and tax due diligence on this transaction.
Alex Sheffield, Partner at Chiltern commented,
“We have had a longstanding relationship with HMT and have enjoyed working with Antonia and Paul on this transaction.”
Paul Read commented,
“We are delighted to have advised Chiltern on their investment in Vantage and we wish them all the best for the future.”