Bondholder Smith Cooper's Corporate Finance (SCCF) team was appointed to support award-winning national architects Corstorphine + Wright with implementing its growth strategy.
Having grown rapidly in the last few years through a combination of organic and acquisitive growth, Corstorphine + Wright is now ranked as the 41st largest practice in the UK with ambitions to grow further. SCCF advised the company, and its shareholders, on how to prepare for investment and construct a shareholder realignment that would create the platform for future growth and consolidation of the UK’s architectural market.
The team ensured Corstorphine + Wright were in an optimal position for investment and then marketed the business to its private database of preferred PE investors.
Following a competitive auction process, funding was secured from Beechbrook Capital, a specialist fund that can provide a blend of debt and equity investment to high profile businesses.
Darren Hodson, Corporate Finance Partner at Smith Cooper commented “I have worked with Corstorphine + Wright over a number of years and the management team has driven the business forward through technical enhancements and strategically positioning itself in most UK sectors. This has resulted in significant market share gains."
Paul Turner, Director of Corstorphine + Wright commented further “Smith Cooper Corporate Finance provided us with exceptional professional service. I was particularly impressed with the attention to detail and the 24/7 access to the team we required. Their proactive advice surrounding the complexities of our deal was second-to-none. We wouldn’t have been able to achieve this deal without their help and we would recommend them to other entrepreneurs.”