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Expert corporate finance advice
Size
£7.0m
Transaction
Re-Financing
Sector
Commercial
Meridian advised the shareholders of Mail Solutions Group Limited on the refinancing of their debt facilities of £11m which was provided by Lloyds TSB Commercial Finance and Lloyds Banking Group.
The facilities will replace current debt structures as well as being used to provide funding for a series of strategic acquisitions.
Established in 2000, Mail Solutions Group Limited is a major independent manufacturer of high quality envelopes and print in the UK and India. Comprising of five subsidiaries across two divisions, the group generates a combined turnover in excess of £35million per year and is ranked within the top 30 UK Print Groups.
Commenting on the transaction, Phil Reid - Managing Director of Mail Solutions said "This is the third major transaction we have concluded with Meridian’s help, and yet again they have managed to deliver a first class service in what is clearly a difficult credit environment. Unlike many other advisors who are motivated purely by self-interest, Meridian
truly act in the best interests of their clients which means that they will always be my first port of call for transaction support and advice.”