Elite Group secures £30m refinancing
Owner-operated Elite Group, a leading provider of unified communications, Cloud & IT services, has today announced it has secured a £30 million refinancing deal with Lloyds Bank.
Matt Newing, Elite Group’s Founder, says, “We’ve worked closely with Lloyds Bank for over 10 years so I am pleased that relationship will continue. With 16 successful acquisitions under our belt already, we now have a further £30m with which to continue growing through acquisition; and as always we will also continue to grow the business through organic means too.”
Rob Burbidge, Elite’s CFO, adds, “Working with Clearwater, Elite undertook a thorough review of the market and the various funding options. In many ways it was reassuring that the best solution was offered by Lloyds Bank and it meant we were able to convert an agreed offer into a signed agreement within just two weeks. To that end I am grateful to Gareth McIntegart (Elite’s in-house Counsel), together with Gareth Owen, Andy Langstaff and John Csizmadia, relationship director at Lloyds Bank.”
Gareth Owen, director of strategic debt finance for Lloyds Bank, said: “Elite Group is an innovative business that has expanded over the past few years. This is largely down to the ambition and commitment of the management team, who have continued to drive growth through strategic acquisitions. The new finance deal will provide the company with the increased headroom needed to push forward with its expansion plans, without impacting day-to-day cashflow.”
Advisors to Elite as part of the refinance:
- Debt finance advice: Tom Barnwell and Mark Ward at Clearwater International.
- Legal advice: Matt Christmas; Holly Daley and Chloe Abbott at DLA Piper.
Advisors to Lloyds Bank:
- Financial Due Diligence: Richard Harding and Steven Kingham from EY, Manchester.
- Legal advice: Richard Capper at Hill Dickinson.
Source: totaltele
Latest Jobs
-
- Cyber Channel Manager
- London
- Up to £150,000 OTE
-
Cyber Channel Manager, South East, Cyber Vendor £150,000 OTE Cyber Channel Manager needed to establish (build upon existing), expand and then enable a sales channel for a Cyber Vendor. Current experience in building / onboarding channel partner (MSSP, Reseller, Integrator, etc) is essential, as is experience in enabling channel partners sales. (training, awareness, training, sales strategies etc). This is a key and strategic hire for the business. Must be commutable to the Reading / London area. All details kept in confidence.
-
- Cloud Presales Consultant
- London
- Up to £90,000 + OTE
-
Cloud Presales Consultant London Up to £90,000 Base + OTE A Cloud Presales Consultant is needed to join a London based over achieving business who are leading the way with innovations in Cloud engineering. The Cloud Presales Consultant will responsible for providing technical support to the sales team. The Cloud Presales Consultant must have current experience designing and presenting cloud and other IT infrastructure solutions to high end enterprise clients. Other responsibilities include; responding to RFIs & RFPs, understanding customer requirements, high level network architecture & design and technical handover to implementation teams. Requirements Current experience within a Presales / Solutions Consultant role Technical knowledge and experience with IT Infrastructure and cloud solutions such as Azure, AWS, Office 365, GCP etc Currently/Recently working for an IT Services business’s consulting to enterprise (FTSE250) clients.
-
- Cyber Incident Response Consultant, Italy
- Italy
- Up to €60,000
-
Cyber Incident Response Consultant, Italy Up to €60,000 Cyber Incident Response Consultant is needed to join a global consultancy whose cyber business unit are continuing to their investment in the growth of their team. The Cyber Incident Response Consultant role is client facing that will join an award-winning team that deliver varied, interesting and often challenging work to a wide range of prestigious clients. The Cyber Incident Response Consultant MUST have current experience taking a client through the complete IR / triage process and have a blend of both technical and commercial (identifying and developing new business opportunities within a client) Proactive Incident response, forensics and eDiscovery experience is a MUST. The Cyber Incident Response Consultant must be happy to travel. Key attributes should also include; stakeholder engagement, mentoring of team members, a collaborative working style. Technical experience must include; demonstrable experience within an cyber incident response, Forensic, cyber etc. Additional certifications could / should include GIAC certified (Intrusion analyst, incident handler, forensic handler) Any of the following are very desirable also CREST Certified Network Intrusion Analyst (CCNIA) CREST Certified Host Intrusion Analyst (CCHIA) CREST Certified Malware Reverse Engineer (CCMRE) CREST Practitioner Intrusion Analyst (CPIA) Career development and the opportunity to influence, apply today for more information.
-
- Data Consultant
- London
- Up to £90,000 Base
-
Data Consultant Location: London Salary: Up to £90,000 basic DD7692 A leading Google Cloud Platform (GCP) Provider who is looking for a Data Consultant, based in London. Experience with GCP or other similar platforms (AWS, AZURE etc), experience with GCP technologies as well as experience with Machine Learning, Data Mining and Data Analytics. The Data Consultant will be responsible for design solutions for customers and providing technical knowledge in customer meetings. Ideally, the Data Consultant will have experience transforming the way companies work by building company-centric solutions on the Google Cloud Platform or similar cloud platforms. Our client is a Premier Google Cloud Partner, offering an exciting opportunity to work with innovative technology whilst giving you the chance to grow and develop your career. You will have the opportunity to benefit from a number of training courses at several Google locations.