Transaction

Clearwater advises Day Lewis Plc on refinancing its existing facilities

Transaction

Day Lewis Plc refinanced existing facilities with Lloyds Bank, NatWest, Santander and HSBC

Refinancing

Undisclosed

Role

Day Lewis Plc refinanced existing facilities with Lloyds Bank, NatWest, Santander and HSBC

Sector

Healthcare

Region

United Kingdom

Clearwater has provided debt advisory support to Day Lewis Plc, a community pharmacy and distribution business, on a refinancing deal which provides a £125m revolving credit facility.

Founded in 1975, the Day Lewis Group is a family owned business, consisting of one of the largest independent pharmacy chains in the UK and Europe. The business owns and manages over 260 pharmacies in the UK and employs over 2,600 people. Since its establishment, Day Lewis Plc has advanced from being a traditional retail pharmacy business, dispensing medication and offering retail products, into a patient-orientated service provider.

The refinancing transaction will allow the business to continue with a steady growth trajectory. This is the third time Clearwater have worked with Day Lewis Plc – having previously supported the business with two other refinancing deals.

The banking group consisted of Santander, HSBC, NatWest and Lloyds Bank.

The Clearwater team consisted of Partner, Chris Smith and Director, Lachlan Dorrity.

image 126

Clearwater have a clear understanding of our objectives as family-run business. Chris and Lachlan were able to utilise their strong relationships with lenders and apply their sector and industry expertise to deliver a robust debt package, which was focused on the requirements of our business and supportive of our growth plans for the future, all whilst overcoming any challenges lockdown presented

Sam Patel, Executive Director, Day Lewis Plc
image 126

We are pleased to have been able to support Day Lewis Plc and secure funding which will enable their plans for steady growth. We were able to see the deal through to completion, despite the challenging market following the onset of the Covid-19 pademic. The business is a longstanding client of Clearwater, so it was great to work with them again and to see the business continue to go from strength to strength

Chris Smith, Partner, Clearwater

Advisers

Transactions

Drag and zoom to explore transactions

Transactions

employees desktop work
Forward-thinking investor completes partnership-le…

Adviser to GCP on its investment in CloudRock

image 62
Raising finance to support digital corporate banki…

Adviser to EMERAM on raising finance to support the acquisit…

team working computer
Securing the right partner for a high-quality cons…

Adviser to Farsight Consulting on its sale to Version 1

football stadium video
PE supports interconnected sports and live event a…

Adviser to Accredit Solutions on its investment from Gresham…

sustainability panels
Debt facilities raised to support investment in le…

Adviser to Beech Tree on raising debt facilities to support …

electrician on background high towers power
Skewb receives investment from BGF

Adviser to Skewb on its significant investment from BGF

Untitled 7
Investment in a market leading high-touch travel m…

Adviser to ECI Partners on its investment in TAG

young children playing educational toy
Unlocking huge latent potential for a market leade…

Adviser to Findel on its sale to Manutan

group students working together teacher
PE backs placing great teachers in education setti…

Adviser to TeacherActive on its investment from Pricoa

traffic cones on road electronic arrow
A smooth ride for a road traffic solutions special…

Adviser to Road Traffic Solutions on its sale to Equistone-b…

engineer wearing safety uniform helmet
A safe pair of hands for the UK's largest passive …

Adviser to Checkmate Fire on its sale to IK Partners

shutterstock 708489889
Representing a dynamic and growing pharma, nutrace…

Adviser to Sanifarma on its sale to Fidia Farmaceutici

blonde female tourist checking incoming notification
PE backs hyper-personalised, automated passenger c…

Adviser to 15below on its significant investment from LDC

image 64
Saving 10,000 jobs as a consortium of investors ba…

Adviser to Yodel on its sale to YDLGP Ltd

image 123
Maximising potential through synergies in the Span…

Adviser to ATP Farma on its sale to Plameca

Clinic nurses tablet
Medicine, Surgery, Obstetrics (MSO) clinics attrac…

Adviser to PREIM on the sale of the real estate of Clinique …

Healthcare data
Supporting a vision to keep healthcare affordable …

Adviser to i2i on its sale to IG&H

Project Nest
Raising finance to support the acquisition of a le…

Adviser to Chequers on raising finance to support the acquis…

image 99
PE backs cloud-based unified commerce software in …

Adviser to Glory Global on its acquisition of Flooid

image 103
Paving the way in renewable energies, efficiency t…

Adviser to enercity on the structuring of a syndicated RCF t…

ARTIGIANGIOCCO CIEMME1
From field to fork: PE acquires majority stake in …

Adviser to Hyle Capital Partners SGR on the acquisition of a…

businessman businesswoman surveyors
PE backs leading provider of engineering surveying…

Adviser to WestBridge on its investment in Survey Solutions

carpets
Clearwater advises Brintons Carpets on raising deb…

cropped image young man labrador
Clearwater advises on the sale of TrustedHousesitt…

<p>Clearwater, working together with our US partner <a rel="…

copper pipes close coils tubes warehouse
Clearwater advises Deutsche Invest Mittelstand’s p…

<p>Clearwater has advised DI Mittelstand‘s newly acquired po…

iStock 951945582
Clearwater advises Apadmi on its investment from C…

<p>Clearwater has advised the shareholders of Apadmi, a lead…

image 63
Clearwater advises Mobeus on its investment in Ell…

<p>Clearwater has advised Mobeus, a leading institutional in…

image 93
Clearwater advises Suez on the disposal of its env…

<p>Clearwater has advised Suez, a French multinational water…

iStock 540852816
Clearwater advises Mayden on its partnership with …

<p>Clearwater has advised Mayden, the growing health tech co…

iStock 463594335
Clearwater advises the shareholders and managers o…

<p>Clearwater has advised the shareholders and managers of M…

image 52
Clearwater advises Fruition IT on its investment f…

<p>Clearwater has advised Fruition IT (consisting of Fruitio…

image 136
Clearwater advises Banook Group’s shareholders, Tu…

<p>Clearwater has advised the shareholders of Banook Group (…

business finance generic ML3 2
Clearwater advises iamproperty on its investment f…

<p>Clearwater has advised the Shareholders of iamproperty, a…

image 134
Clearwater advised Forensic Testing Service on its…

<p>Clearwater has advised Forensic Testing Service (FTS), a …

image 64
Clearwater advises on Palatine’s investment in BK …

<p>Clearwater has advised on Palatine’s investment in BK Plu…

image 115
Clearwater advises the management of EFOR and Rais…

<p>Clearwater has advised the management of EFOR, a prominen…

cardboard packaging
Clearwater advises Waterland and Carton Group on r…

<p>Clearwater has advised Waterland Private Equity (Waterlan…

image 103
Clearwater advises Zenzero on its sale to Macquari…

<p>Clearwater has advised Fordhouse-backed Zenzero, a leadin…

shutterstock 1922521334
Clearwater advises Cooper Parry on its acquisition…

<p>Clearwater advises Waterland-backed Cooper Parry, the UK’…

image 125
Clearwater advises IDI on debt financing for the a…

<p>Clearwater has advised IDI, a leading French private equi…

shutterstock 1707892294
Clearwater advises Primary on its investment in Di…

<p>Clearwater has advised Primary Capital Partners (Primary)…

iStock 1340944124
Clearwater advises Phoenix Equity Partners on its …

<p>Clearwater has advised Phoenix Equity Partners (“Phoenix”…

railway tracks
Clearwater advises Eurizon and Ersel on raising fi…

<p>Clearwater has advised Eurizon Capital SGR (Eurizon), the…

shutterstock 2318441911
Clearwater advises LDC on its investment in Boston…

<p>Clearwater has advised LDC on its significant investment …

image 63
Clearwater advises MBL Seminars on its sale to Law…

<p>Clearwater has advised the shareholders of MBL Seminars (…

film making
Clearwater advises AXA IM Alts on the acquisition …

<p>Clearwater advises AXA IM Alts, a world leader in alterna…

image 126
Clearwater advises the shareholders of CRP, IMACAM…

<p>Clearwater has advised the shareholders of prominent medi…

iStock 912073314
Clearwater advises Livingbridge on the sale of Bri…

<p>Clearwater has advised Livingbridge on the sale of and re…

handshake business Technolution
Clearwater advises Technolution on its sale to MGS

<p>Clearwater has advised Technolution, a Danish consultancy…

business finance generic ML3 27
Clearwater advises Texere Publishing on its sale t…

<p>Clearwater has advised Texere Publishing (Texere), a UK-b…

image 111
Adviser to Hakim Group on raising debt facilities …

1711885617880
Clearwater advises ICG on its partnership investme…

<p>Clearwater has advised financing partner ICG, on its inve…

shutterstock 2118547160
Clearwater advises APEM Group on its refinancing t…

<p>Clearwater has advised WestBridge-backed APEM Group, a gl…

image 74
Clearwater advised LDC on its investment in Star L…

<p>Clearwater has advised LDC on its investment in Star Live…

image 49
Clearwater advises H.I.G. Capital on raising finan…

<p>Clearwater has advised H.I.G. Capital, LLC (H.I.G. Capita…

retirement seniors
Clearwater advises Kerdonis on the sale of its hea…

<p>Clearwater has advised Kerdonis Group (Kerdonis), a famil…

cruise ship
Clearwater advises the majority shareholder on rai…

<p>Clearwater has advised the majority shareholder, Inti Lig…

attractive female international student making individual
Clearwater advises Apiary Capital on its investmen…

<p>Clearwater has advised Apiary Capital, a UK private equit…

doctor patient medical office
Clearwater advises Latus Health on its acquisition…

<p>Clearwater has advised Latus Health (Latus), a prominent …

image 111
Clearwater advises Latus Health on raising debt fa…

<p>Clearwater has advised Latus Health (Latus), a prominent …

cloud computing
Clearwater advises Transparity Solutions on raisin…

<p>Clearwater has advised Transparity Solutions (Transparity…

Fovea vet
Clearwater advises Fovéa on its fundraising from E…

<p>Clearwater has advised Fovéa, a French veterinary clinics…

shutterstock 1065451166
Clearwater advises Mayfair on raising debt facilit…

<p>Clearwater has advised Mayfair Equity Partners on raising…

image 68
Clearwater advises Meesons on its sale to H.I.G. C…

<p>Clearwater has advised Meesons, a market-leading provider…

image 135
Clearwater advises the shareholders of Hôpital Pri…

<p>Clearwater has advised the shareholders of Hôpital Privé …

computer circuit board
Clearwater advises Tier 1 Asset Management on its …

<p>Clearwater has advised Bridges-backed Tier 1 Asset Manage…

Eqwal health prosthetics
Clearwater advises Eqwal, who are majority owned b…

<p>Clearwater has advised Eqwal Group (Eqwal), a developer o…

shutterstock 1942634989
Obsequio Group receives investment from Beech Tree…

Adviser to the shareholders of Obsequio Group on its investm…

image 60
Clearwater advises Synova on its investment in Lea…

<p>Clearwater has advised Synova on its investment in Learnl…

mini bulldozer landscaping
Clearwater advises Sanaga Group on the acquisition…

<p>Clearwater has advised Sanaga Group, a landscape manageme…

oil fields
Sella Controls sold to HIMA Paul Hildebrandt

Adviser to Sella Controls on its sale to HIMA Paul Hildebran…

shutterstock 573110821
We Are Digital raised funding from Impact Partners

Adviser to We Are Digital to raise growth capital for the bu…

cardboard packaging
Clearwater advises WEIG on raising finance to supp…

<p>Clearwater has advised Moritz J. Weig GmbH &amp; Co. KG (…

light installation resized
Clearwater advises Bencis Capital Partners on rais…

<p>Clearwater has advised Bencis Capital Partners (Bencis) o…

fresh toasted cereal bread slices on rustic wooden table
Clearwater advises Monviso Group on raising new fi…

<p>Clearwater has advised Monviso Group (Monviso), a company…

image 85
Clearwater advises Primonial REIM on the acquisiti…

<p>Clearwater has advised the leading real estate investor, …

iStock 902810140
Clearwater advises GCP on its investment in 101 Wa…

<p>Clearwater has advised GCP on its minority investment in …

image 54
Clearwater advises Groupe Baelen on raising unitra…

iStock 1297207452
Clearwater advises Waterland on raising debt facil…

<p>Clearwater has advised Waterland Private Equity (Waterlan…

shutterstock 238917469
Clearwater advises Grupo Nueva Dietética on its sa…

<p>Clearwater has advised Grupo Nueva Dietética, a group spe…

Healthcare data
Clearwater advises Source Health Economics on its …

<p>Clearwater has advised Source Health Economics (Source), …

shutterstock 1707746185
Clearwater advises Qubix International on its sale…

<p>Clearwater has advised Qubix International, a global Orac…

cheerful busy manager typing on laptop
Clearwater advises Livingbridge on the sale of Ven…

<p>Clearwater has advised Livingbridge on the sale of Vendig…

car wipers close large windshield
Clearwater advises Nazca Capital on its acquisitio…

<p>Clearwater has advised Nazca Capital (Nazca), the private…

image 80
Clearwater advises enercity on raising finance to …

<p>Clearwater has advised enercity Aktiengesellschaft (enerc…

shutterstock 1256282827
Clearwater advises Tearfil Group on the sale and l…

<p>Clearwater has advised Tearfil Group (Tearfil), a manufac…

water flowing fire hose reel nozzles compressed
Clearwater advises Soho Square Capital on the sale…

<p>Clearwater has advised Soho Square Capital (Soho Square) …

business person giving speech on business meeting
Clearwater advises Flint Global on its refinancing

<p>Clearwater has advised Growth Capital Partners (GCP) port…

young children playing educational toy
Clearwater advises the shareholders of UHM on the …

tic elkas industrial automation
Clearwater advised Phoenix Contact on the arrangem…

<p>Clearwater has advised Phoenix Contact GmbH &amp; Co. KG …

engineer technician designing drawings engineering engine
Clearwater advises Drive System Design on its sale…

<p>Clearwater has advised Drive System Design (DSD), an awar…

image 91
Clearwater advises Infraserv on its €150m issuance…

<p>Clearwater has advised Infraserv GmbH &amp; Co. Höchst KG…

image 66
Clearwater advises Rubicon Partners on its sale of…

<p>Clearwater and <a href="https://www.clearwaterinternation…

image 74
Clearwater advises DJH Mitten Clarke on its invest…

<p>Clearwater has advised DJH Mitten Clarke, a Top 50 accoun…

image 75
Clearwater advises SKS Business Services on raisin…

<p>Clearwater has supported SKS Business Services (SKS), a L…

image 52
Clearwater advises the shareholders of Juratoys Gr…

<p>Clearwater has advised Argos Wityu, the independent Europ…

image 59
Clearwater advises Victoria Mutual Finance Ltd on …

<p>Clearwater has advised VM Finance Ltd (VFML) on raising a…

image 71
Clearwater advises Groupe Chevrillon on the acquis…

<p>Clearwater has advised Groupe Chevrillon on the acquisiti…

image 117
Clearwater advises Falck on its cross-border dispo…

<p>Clearwater has advised Falck, a leading international pro…

image 72
Clearwater advises Motion Equity Partners on the a…

<p>Clearwater has advised Motion Equity Partners on the acqu…

employees desktop work
Forward-thinking investor completes partnership-le…

Adviser to GCP on its investment in CloudRock

image 62
Raising finance to support digital corporate banki…

Adviser to EMERAM on raising finance to support the acquisit…

team working computer
Securing the right partner for a high-quality cons…

Adviser to Farsight Consulting on its sale to Version 1

football stadium video
PE supports interconnected sports and live event a…

Adviser to Accredit Solutions on its investment from Gresham…

Use ctrl + scroll to zoom in/out