Van Elle is the UK’s largest geotechnical and ground engineering contractor for the housing, infrastructure and regional construction markets. Its end-to-end solutions encompass ground investigation, general and specialist piling, rail engineering services, modular foundations and ground improvement and stabilisation services.
Our Debt Advisory team supported the Company in raising a competitively priced, covenant-lite, fully revolving P&M and ID facility that sits alongside their existing HP financing arrangements. The facility enables Van Elle to access flexible and cost-effective capital that will support its future working capital requirements and help it to deliver its strategic growth plan.
"BDO Debt Advisory’s rigorous approach ensured the business was fully prepared to approach lenders and capable of attracting a range of compelling deliverable debt offers. They were able to support us in negotiating a flexible fully revolving ABL facility that fulfils both our short and long term strategic growth plans. We are delighted with the outcome of the transaction."
Graeme Campbell, CFO, Van Elle Holdings Plc