The Finvos team has delivered term debt and asset backed lending facilities across multiple jurisdictions.
The Finvos team takes extremely seriously the responsibility to deliver an optimal outcome for clients.
Advised
on its inaugral IPO of Three Studies for a portrait
of George Dyer by Francis Bacon
Art
Advised
on its sale to Howden Group
Insurance
Advised
on its sale to Howden Group
Insurance
Advised
on its inaugral IPO of
Three Studies for a portrait of
George Dyer by Francis Bacon
Art
April 2024
Metal recycling
Background
Founded in 2007, Enablelink operates from three production sites and specialises in the acquisition, processing and distribution of ferrous and non-ferrous material.
The Birmingham-headquartered metal recycling business which employs more than 60 people and has a turnover of approximately £110m has been acquired by mid-market private equity investor Endless LLP.
Operations director Josh Long will take over as managing director following the retirement of Roy Millard.
Long commented:
"This is fantastic news for Enablelink. While it is business as usual, we are excited by the opportunities new ownership will bring and we look forward to continuing our rapid growth and development both organically and through acquisition. We would like to thank Roy Millard for building such a strong business and supporting the company and its employees over the last 17 years."
Endless' acquisition will provide the business with additional capital for growth. It is the fifth platform investment in Endless Fund V, following on from its acquisition of ASCO in August 2023.
John Stevens, investment director at Endless, added:
"We are thrilled to have been given the opportunity to acquire Enablelink. Through its strong relationships with suppliers and customers, Enablelink has demonstrated its importance to the UK green economy and the growing demand for recycled materials both in the UK and internationally. We extend our warmest gratitude to Roy for the fantastic business he has built and we look forward to working with Josh and the Enablelink team."
March 2024
Art
Background
ARTEX operates a secure and liquid art shares exchange, regulated and supervised by the Financial Markets Authority of Liechtenstein within the European MiFID II legislative framework.
Providing easy access to a traditionally exclusive fine art market, ARTEX aims to democratise investing in artworks from the world’s greatest masters, spanning a period from the Renaissance to the twentieth century.
ARTEX-listed masterpieces will be on public display, in museums and exhibitions around the world. ARTEX was co-founded in 2020 by art enthusiasts and financial markets experts H.S.H. Prince Wenceslas of Liechtenstein and Yassir Benjelloun-Touimi.
“ARTEX MTF” is a Multilateral Trading Facility operated by ARTEX MTF AG, a Company incorporated in the Principality of Liechtenstein under company number FL-0002.682.571-2 with registered offices at Wuhrstrasse 6, 9490 Vaduz, Liechtenstein.
ARTEX MTF is regulated by the Financial Markets Authority under reference number 307407.
November 2023
Logistics
Background
Elanders has today acquired all shares in the English contract logistics company KAMMAC Ltd (“Kammac”).
Kammac has developed a unique concept where they offer their customers maximum storage flexibility through a network of 15 warehouses in northwest England. Several warehouses offer services such as bonded warehouses and temperature-controlled environments.
Kammac also has a license to handle medical products such as pharmaceuticals and their components. The company has a solid business model and during the past three years has grown on average by about 20% annually with good profitability.
Magnus Nilsson, President and CEO Elanders commented:
“I am very impressed by the company that the owner, Paul Kamel, and Ged Carabini, Chief Operations Officer, have developed together. They have created a successful company where the business model focuses on offering customers a high level of flexibility for interim storage of their products and components.
The company is successful because they have built up a cluster of warehouses close to each other, and this creates both large scale and competitive advantages. What Kammac is especially good at is maximizing resource utilization. We look forward to working together developing Kammac’s offer in the UK. We also see an opportunity to copy their business model in other countries where we operate.”
Ged Caribini, Chief Operations Officer Kammac shared:
“I am very proud of the growth we have achieved and the unique platform that we at Kammac have created in the past few years. With Elanders’ global base we will now be able to further grow in the UK by offering Elanders’ existing customers our solution.
We see great opportunities to develop our offer by using Elanders’ own developed platform for omnichannel solutions, which we already have request for. We are also convinced that our unique business model will create new business opportunities for Elanders in other markets”.
March 2023
Insurance
Background
Howden, the international insurance broker, today announces the acquisition of Reich Insurance Group, marking a significant step in its expansion in the Northwest of England.
Reich is one of the top ten independent insurance brokers in the UK, reflecting Howden’s strategy to partner with high quality, culturally aligned companies that deliver knowledge and expertise to its clients.
Reich is a £100m+ GWP business, headquartered in Manchester and servicing UK and international clients, with over 140 employees and a reputation for exceptional client service. Led by Simon Taylor and Danny Lopian, the business offers a full spectrum of insurance solutions for both individuals and businesses, from SMEs to large corporations, with particular specialisms in property, construction & development, as well as life and healthcare.
Peter Blanc, Executive Chairman, Howden UK & Ireland, commented:
“I’ve known Simon and Danny for many years and have always admired their business. Their reputation is outstanding and their areas of specialism, particularly in real estate and construction as well as healthcare, are completely aligned with Howden. All of our discussions were centred on the future and how the Reich team would fit within the Howden business – and the answer is that it’s a perfect match. I’m really looking forward to meeting all our new colleagues and welcoming them to the Howden family.”
David Howden, CEO, Howden, added:
“Simon is an industry entrepreneur, who for the last 20 years has led Reich to be the success story we see today. Howden has become the natural home for insurance industry entrepreneurs, both in the UK and across the world, who put their trust in us as they know that our people and our clients are at the heart of everything we do. I am delighted to welcome Simon, Danny and Reich to the Group.”
Simon Taylor, CEO, Reich, shared:
“While we have grown to become one of the largest independent brokers in the market, we have been searching for the perfect partner to take us to the next level and we were not prepared to merge until we found that right partner. “We needed a business that matched our absolute focus on providing the very best to our clients in their search for the right insurance product. In this market, we felt that only one business was the perfect fit, and that was Howden: a hugely successful, ambitious, customer-centric broking giant, large enough to make a major difference in the market but still entirely concentrated on providing the very best service for their clients. “We look forward to working with Peter, Stuart and the team in continuing the service excellence and growth momentum we have achieved as Reich, within the wider Howden Group. We are very excited by what the future holds.”
