We have advised Shard Credit Partners Limited on the acquisition financing of £12m to support a management buy-out of eQuality Solutions Ltd (eQS).
Founded in 2006, Hebburn-based eQS is one of the largest assistive technology and training providers in the UK. The business provides assistive technology equipment, training and software solutions that help to remove barriers to learning for students who have cognitive disabilities.
The management buy-out was led by current CEO Andy Gough and his senior management team. The team intend to use the investment from Shard Credit Partners to embark on an ambitious buy-and-build acquisition strategy in the fragmented assistive educational technology and training sector.
London-based Shard Credit Partners have invested over £90m supporting regional management buy-out transactions and M&A buy-and-build acquisition strategies, as well as growth capital expenditure financing, in the last two years alone.
The Gateley team was led by Banking & Finance partner, Andrew Madden, supported by Alison Davidson-Cox and Lauren Hamer. Gareth John advised on corporate matters, supported by Bahez Talabani.
Andrew Madden commented, “The specialist services offered by eQS are vitally important and we are delighted to have supported Shard Credit Partners on another successful deal.”