Alantra advised the shareholders of GI Solutions, including Grove Industries Limited, on a multi-million refinancing and share restructuring
SECTORBusiness Services
ServiceDebt Advisory
Alantra has advised the shareholders of GI Solutions, including Grove Industries Limited, on a multi-million refinancing and share restructuring.The deal has been funded by the East Midlands office of Lloyds Bank plc.
GI is one of the UK’s leading providers of marketing communications, customer insight and digital print services generating revenues of around £30 million per annum.GI is a critical supplier to many high street names and blue chip organisations in the UK across the retail, utilities, financial services and technology sector.The group has invested heavily in recent years in advanced digital print technology at their modern, single site production facility in Leicester.The Group employs 250 skilled professionals. Following the transaction, Robin Welch will assume the role of Executive Chairman while Patrick Headley has been promoted to Group CEO.
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