We have advised Pollen Street Capital (Pollen Street) on its acquisition of a majority stake in Leonard Curtis, a leading corporate restructuring provider operating across the UK and offshore. Our combined team provided M&A and Debt Advisory support.
The multi-disciplinary professional services firm, which is headquartered in Manchester, has over 30 years’ experience providing restructuring, legal, funding, M&A advisory and other business services to SMEs and corporates.
Leonard Curtis has built a trusted brand, strong national footprint and deep sector expertise, expanding rapidly through a combination of organic growth, geographical expansion and acquisitions. The business now has more than 330 professionals across 30 offices. The company has a well-established referral community throughout the business services industry, including its own Lifecycle network, which enables over 3,000 regional accountancy practices to help their clients by accessing support, advice and solutions to financial and operational issues at every stage of their clients’ business lifecycle.
Pollen Street is a fast-growing and high-performing private capital asset manager. Established in 2013, the firm has built deep capability across the real estate, financial and business services sectors aligned with mega-trends shaping the future of the industry.
Pollen Street was supported by Manchester-headquartered private credit investor TDC, and the deal will see the successful exit for family investment office Arete Capital Partners and SVELLA Plc, who took a significant stake in August 2021.
The group will continue to be led by current CEO Dan Booth, and Pollen Street’s investment will accelerate growth across the platform through product expansion, technology and M&A.
More about the process
Our M&A team provided a suite of buy-side services to Pollen Street to assist with their investment in Leonard Curtis, including deal structuring and negotiation, market intelligence, exit positioning and valuation support, whilst also managing the deal to a successful completion through regulatory clearances.
Working seamlessly with our Debt Advisory team, we combined our transactional experience with funding capability to deliver an integrated solution. Our Debt Advisory team advised Pollen Street on its investment in Leonard Curtis, securing a bespoke financing package from TDC, which provided follow-on funding to support its growth strategy. This funding will enable the business to build on its strong market momentum, execute expansion plans, and scale operations, marking an exciting milestone in the delivery of its strategic objectives.
