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Travers Smith advises on acquisition of minority stake in January Loan Services Limited

28 Feb 2014

A Travers Smith team led by corporate partner Paul Dolman and senior corporate assistant Will Yates has advised January Loan Services and its management team on the acquisition of a minority stake in the company by ISIS Equity Partners. The investment is to be used as growth capital to accelerate the next phase in the company's development.

January Loan Services, through its subsidiary Enterprise Finance Limited, is one of the fastest growing independent UK providers of broker services specialising in the distribution and packaging of secured loans, bridging finance and commercial mortgages. Enterprise Finance is led by the highly experienced management team of CEO and co-founder Danny Waters, Sales Director Harry Landy and Chairman David Campbell. Danny Waters and Harry Landy have both been with the business since its incorporation whilst David Campbell, who previously led the buy-out and subsequent sale of wealth manager Tilney, joined the business in June 2013.

Corporate partner Paul Dolman, senior associate Will Yates and associates James Lumsden and David Wall provided corporate law advice to January Loan Services and its management team.

Tax advice was provided by a team led by tax partner Simon Skinner and senior counsel Hannah Manning. The finance team was led by banking partner Matt Ayre, senior associate Matt Smith and associate Jonathan Clapshaw.

ISIS was advised by Olswang.

Industry
Finance & Banking
News Category
Banking & Finance