Westbrooke Alternative Asset Management (‘Westbrooke’) has concluded £18m in debt financing, assisting two separate clients with innovative Holdco capital solutions.
As part of this lending strategy, Westbrooke extended a facility to Compagnie Du Parc (‘CDP’) to acquire further assets, building on their current portfolio. While CDP have an existing relationship with an institutional senior partner, Westbrooke’s Holdco facility provided the group with additional flexibility and leverage to build out their strategy.
Commenting on the transaction, James Lightbody, Head of Westbrooke UK Real Estate added – “This transaction aligns perfectly with our strategy of providing flexible capital solutions to experienced sponsors in the UK real estate market for assets backed by quality cashflows and strong underlying covenants. We are pleased to support CDP in expanding their industrial portfolio and look forward to building on this relationship in the future.”
Westbrooke previously concluded a transaction within this lending strategy having supported a large developer and operator of senior living accommodation, backed by a significant US asset manager, through a Holdco bridge-to-sale facility. This facility provided the Borrower with flexibility during the sales process and highlights Westbrooke’s ability to execute transactions swiftly, implementing the deal in just 4 weeks. Westbrooke has attributed this timeline to their committed capital, ability to deal with complex and unique requirements, and a dedicated team to execute on transactions of this nature.
To learn more, contact a member of the Westbrooke team – bit.ly/3YSZYyB
