KR8 supported Weird Fish (“Weird Fish Holdings Limited" or "the Company”) and its sponsor, Total Capital Partners (“TCP”), with raising a substantial amount of new funding to facilitate a continuation fund transaction and to support the Company’s buy-and-build growth strategy.
KR8 were engaged to provide debt advisory services, seeking a flexible funding package to meet the Company’s existing need, whilst also looking ahead to ensure that the Company had the right platform for growth.
We engaged with an array of funders to secure a range of unique funding options for the Company, providing them with the level of flexibility desired to scale the business through targeted acquisition of undervalued retail businesses.
Challenging Timeframes
Working with agility, we were able to swiftly respond to challenges presented along the funding journey, providing solutions for our client and supporting the completion of the transaction under challenging timeframes.
We are pleased to have secured Weird Fish a long-term funding partner in Shawbrook Bank Plc, who have provided a suite of facilities and a foundation for the Company’s ambitious acquisition strategy.
Tony Dean, Senior Director, Corporate Leverage Finance at Shawbrook, commented:
“Right from the start, we were impressed by Weird Fish’s strong market position, entrepreneurial spirit, and clear vision for growth. Working closely with KR8, who took a collaborative and proactive approach to overcoming challenges that were presented along the journey, we structured a funding package that provides substantial capital and flexibility and aligns with the needs of all stakeholders.”
Associate Managing Director, Lisa Handley, who led the transaction alongside Managing Director Martin Gray, added:
Completing every deal is always an accomplishment; working with like-minded and collaborative individuals along the journey makes the accomplishment more fulfilling. We are pleased to have supported Weird Fish and TCP in securing a long-term funding partner in Shawbrook.
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