How did we help Clydesdale Yorkshire Bank?
We worked with Clydesdale Yorkshire Bank in relation to Orbis Protect and its investor, NorthEdge Capital, through a period of rapid growth. Our banking & finance team advised on the acquisition and documenting facilities, including management of Scots law issues.
Completing the transaction in July 2020, in the midst of the first national lockdown, introduced challenges for systems and processes across all participants. We were able to overcome these in order to support the bank in delivering its facilities and completing the transaction to timetable and on budget.
Andrew Madden, banking & finance partner who led Gateley’s advice, commented: “We are thrilled to have advised on this highly strategic acquisition. To have completed the deal against such a challenging backdrop is a testament to the skills and commitment of all of those involved. We look forward to continuing to support Clydesdale Yorkshire Bank in the future.”
Ian Mansell, Senior Director Acquisition Finance at Clydesdale Yorkshire Bank, said “We were delighted to have worked with Gateley again and deliver a highly strategic acquisition for Orbis Protect and NorthEdge. To have completed this deal against a challenging backdrop was testament to the resilient and highly sustainable performance of the core business and the dedicated support we received from Gateley throughout the process. We look forward to continuing to support Orbis Protect deliver its ambitious plans for future growth and working with Gateley on future transactions.”