Refinancing of Bristow & Sutor

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Bristow & Sutor (“B&S” or the Group) is a leading debt resolution agency providing a comprehensive one stop shop to clients, covering the full debt life cycle from pre-debt services to debt resolution and legal actions. B&S has a national reach and a proven capability to deliver high quality services to a diverse range of public and private sector clients.

Given the B&S management team were in the early stages of delivering the next phase of their ambitious growth plan, it was crucial for BDO to gain a deep understanding of the business model, present a concise and coherent credit story, and prove out the sustainability of the recent growth. This approach empowered lenders to structure off an appropriate EBITDA and enabled BDO to successfully negotiate a financing solution to meet the long-term growth requirements of the Group.

 

“BDO Debt Advisory established a deep understanding of this multi-faceted business, which enabled them to coherently package the strong credit story. They leveraged this knowledge to successfully negotiate a long-term refinancing solution and deliver a great result for the company for the next phase of its growth.”

Jonathan Thorne, Partner, Sovereign Capital