Transaction

Refinancing for Mountain Warehouse

Transaction

Refinancing for Mountain Warehouse

Refinancing

Undisclosed

Role

Adviser to Mountain Warehouse on its refinancing

Sector

Consumer

Region

UK

We have advised Mountain Warehouse, a leading global retailer of outdoor clothing and equipment, on its refinancing, realising Inflexion’s investment.  

Mountain Warehouse, founded in 1997, now has over 400 stores and a thriving online business, which accounts for over 30% of sales.  As well as the UK, the Group is expanding in North America, where last year it acquired the iconic Eastern Mountain Sports brand, and in Australia and New Zealand. 

In August, the group, which employs more than 4,400, revealed record revenue of almost £450m (€515m) for the 52 weeks to the end of February and said turnover was expected to be close to £500m (€573m) in the current year.

shutterstock 2497759669

Clearwater’s support allowed us to run an efficient process to deliver a refinancing solution that gives us the flexibility and strength to drive global growth. Their knowledge of the debt markets ensured that we have the right partners in place for the next phase of our journey.

Marcus Ward, Chief Financial Officer, Mountain Warehouse
shutterstock 2497759669

This transaction marks a pivotal moment for the business, providing the flexibility and financial strength to continue its impressive growth journey. We are proud to have played a role in structuring a solution that not only facilitates a smooth shareholder transition but also positions the company for long-term success.

Richard Clark, Partner, Clearwater

Advisers

Transactions