Transaction

Clearwater advises Obsequio on its refinancing to accelerate its buy-and-build strategy

Transaction

Beech Tree portfolio company Obsequio on its refinancing from Kartesia and Barclays

Refinancing

Undisclosed

Role

Adviser to Obsequio on its refinancing to accelerate its buy-and-build strategy

Sector

Business Services

Region

United Kingdom

We have advised Obsequio Group (Obsequio), a provider of compliance and safety solutions and a portfolio company of Beech Tree Private Equity (Beech Tree), on its refinancing package from Kartesia and Barclays to support its ongoing buy-and-build strategy.

Headquartered in Leicestershire, founded by Simon Cashmore and Simon Abley, Obsequio provides a range of fire safety, security, and compliance solutions to ensure the environments where people spend their time, whether to live, learn or work, are completely safe.

Obsequio’s customers include hospitals, universities, local authorities, leisure centres, and student accommodation providers who all place their trust in Obsequio’s highly skilled engineers to supply, test, and maintain safety systems across fire detection and protection, water quality management, security, electrical safety, and energy efficiency.

Our Debt Advisory team raised a funding package that includes drawn and committed debt facilities from Kartesia and working capital facilities provided by Barclays. 

Previously, we worked closely with Obsequio on its investment from Beech Tree in 2023 to help drive its ambitious growth strategy and provide additional funding for the group to acquire more complementary businesses in life safety and compliance services.

shutterstock 1942634989

It was a pleasure working with Clearwater again for this transaction. The team provided excellent guidance and offered support from start to finish, securing us an excellent debt package to fund our growth plans.

Simon Cashmore, Executive Chairman, Obsequio Group
shutterstock 1942634989

Joe and the Clearwater team approached the refinancing process with professionalism, and throughout provided invaluable advice. We look forward to working with them again in the future.

Ben Cartwright, Investment Director, Beech Tree

We are thrilled to have advised Obsequio and Beech Tree again, securing a debt package from Kartesia and Barclays to support their ambitious growth plans. It's been a pleasure working with such an innovative and driven team, and we would like to extend our warmest wishes to them as they embark on this exciting new phase of their journey.

Joe Dyke, Partner, Clearwater

Advisers

Transactions