Provided advice to a UK PLC on the successful acquisition of a competitor company. The acquisition was complex due to the competitive nature of the bidding process as well as the aggressive timetable involved. As well as the general M&A advice, New Model also assisted the client in arranging for a syndicate of banks to part fund the acquisition.
Facilitated and placed an initial £4m transaction; consisting of part equity, part venture debt. Providing both secondary and growth capital for FinTech company Xenomorph, who provide Enterprise Data Management for Financial Markets.
Secured £2.5m placement for medical device manufacturer.
UK-based business with a patented, radical new wind turbine system, which dramatically improves efficient power output, required significant proof-of-concept funding. New Model arranged the necessary funding through a US investor and potential JV partner for a design and development programme. This required positioning the finance offer for an investor partner with a ratcheted equity incentive. In total £7.6m of equity-linked finance was raised. Final commercialisation of the energy system is targeted for 2017/18, focusing on the US, European and Middle Eastern markets.