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Date: 3 December 2021

Author: Rachel Bartlett

This week we successfully completed a major transaction which will help support the continued growth of the business.

The facility will help support the progression of MSP Capital over the coming years.

With the EY Financial Services Corporate Finance team’s support, we refinanced our group mezzanine facility from Richmond Group to Insight Investment, while simultaneously increasing the facility’s size.

EY was appointed as sole financial advisor to MSP Capital Limited and advised us throughout the process. The EY engagement team comprised of Nick Parkhouse, Stuart Mogg and Taylor Gwilliam.  Additionally, Travers Smith acted as our legal counsel.

Insight Investment is a specialist global asset manager, whom have been a long-term strategic partner to the business.

Finance Director of MSP Capital Limited, Becky Harris, welcomed the announcement of the deal saying:

“We are thrilled to have completed this refinance and increase of our group mezzanine facilities with Insight. MSP have a great longstanding relationship with the team at Insight and they have been a key partner who have already helped grow the business through their support as senior lender to the group.

I would also like to take this opportunity to thank the Richmond Group who have supported MSP on our growth up to this point and wish them all the best for their future investments.’’.

The Team at EY have been integral in the completion of the facilities – and MSP would like to thank Stuart and the team for their expertise throughout the process.”

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