PDT Solicitors advises on the sale of Advantedge Commercial Finance to eCapital Corp

Back to HubNext ArticlePrevious Article

PDT Solicitors advises on the sale of Advantedge Commercial Finance to eCapital Corp

Published: 14 December 2020

To share this article:

EmailTwitterLinkedIn

PDT’s corporate team is delighted to have advised the management sellers on the successful sale of the Advantedge Commercial Finance group, a specialist provider of invoice finance and factoring to small and medium sized businesses in the UK.

"PDT advised us in relation to the purchase of the Factor 21 group in 2016 and the management team did not hesitate to use the Corporate team again for the sale. The deal was complex and PDT were able to give us clear advice on the terms to enable us to make decisions in full knowledge of the different options available. We would like to thank Noel, Rebecca and Sian for their diligence and good humour throughout"

David Tilling, CEO, Advantedge Commercial Finance

PDT advised in relation to the MBO of Advantedge in 2016 by David Tilling, Neal Errington and Darren Cottenden, which was backed by Mobeus Equity Partners, and was pleased to help the management team again on the sale. eCapital Corp, the buyer, is a leading North American alternative finance provider providing working capital to similarly sized businesses.

 

The management team were advised by corporate partners Noel Ruddy and Rebecca Glazebrook, assisted by Sian Webber (Corporate), Laura McMaster (Employment) and Elise Sherwell Real Estate).

 

Noel Ruddy, Head of Corporate said “Our experience and strength in the ABL sector together with our wealth of corporate transactional experience allowed us to work collaboratively with the Buyer’s advisers to facilitate a smooth process. With the management team remaining at the helm we are confident that the business will go from strength to strength and we look forward to our continuing relationship with Advantedge.” 

 

Rebecca Glazebrook, the Corporate Partner who led the PDT team, said “It was a pleasure to advise the management team on the sale. We always take a collaborative and pragmatic approach to transactions and this, along with our technical expertise, made for a successful outcome within the expected timeframe. We wish Advantedge every success on their continued journey into 2021 and beyond.”

The content of this webpage is for information only and is not intended to be construed as legal advice and should not be treated as a substitute for specific advice. PDT Solicitors LLP accepts no responsibility for the content of any third party website to which this webpage refers.

Back to HubNext ArticlePrevious Article

Request a call back from PDT Solicitors

Please leave this field blank



My topics of interest



On submitting the form you agree to be opted in to receive PDT Solicitors communications. This means PDT will send you relevant content based on the options you have selected above. We will never share or sell your data and we will always keep your information safe and secure. For more information please read our privacy statement


Submit

Related Content

PDT Solicitors Accredited and Award Winning

C

This site uses cookies.

Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.

Necessary Cookies

Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.

Analytical Cookies

Analytical cookies help us to improve our website by collecting and reporting information on its usage.

X