ThinCats Sponsor Franchise achieves record growth
The ThinCats sponsor team continued to build on recent successes with record level of origination in FY24. Over the last twelve months, the team deployed over £230m of new funding across 26 national transactions, investing into a wide range of end sectors and markets.
We’ve brought 16 new borrower relationships into the portfolio, adding a further 12 new sponsor relationships to our growing franchise. We have financed both primary and secondary buyouts, shareholder recapitalisations and funding to support buy and build strategies, highlighting our event driven focus.
As a team we continue to back our existing borrowers, providing follow-on financing in support of change of control, as well as growth financing to support site roll-outs, acquisitions and working capital investment via accordion draws and our revolving credit facility offering.
As we continue to grow, we’ve made further investment into the wider team, with the arrival of Simon Dixon, Steve Munt, Calum Ruddock and Karris Giani all adding to the team’s capabilities and experience and importantly providing scale to continue to serve, support and finance investment into the UK SME environment.
