M&A Consulting and Capital Raising
Strategic & tactical advice in the real asset space.
£5bn
of deals advised on in the last 3 years
15 to 20
transactions live at any one time
15
sub-sectors covered by current mandates
of deals advised on in the last 3 years
transactions live at any one time
sub-sectors covered by current mandates
We support management teams and Boards by providing independent advice and deep expertise as they consider important strategic decisions and transactions. We provide advice on the timing, structure, financing and value of a proposed transaction as well as leading negotiations and executing the deal. Our sector specialists work closely with our Investor Coverage Team to support clients in structuring and raising equity and other forms of risk capital to execute their business plans.
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Strategic Options Review:
We propose a number of suggested options to clients and make recommendations based on what we think will maximise value and manage risk.
Sell and Buy-side M&A:
Our team is experienced in representing and delivering on the needs of various parties in the M&A process.
Majority and Minority Stakes:
We advise clients considering either a transition or equity investment on what strategic transactions will help them meet their goals.
Joint Ventures:
Parties can collaborate on a single transaction with our team of capital raising brokers and M&A advisors.
Equity, Hybrid & Risk Capital Raise:
Our team has experience across a number of innovative capital raising services, matching clients with ideal financing partners.
Valuations Analysis:
Our in-house experts can advise on the worth or value of clients’ or target assets to ensure strategic decision-making.
Smith Square Partners Consortium Advises Ofgem on £621M Seagreen Offshore Wind Farm Transmission Transfer
19.12.2023 “Offshore windfarms are critical to the UK’s energy transition targets with a fivefold increase to 50GW target by 2030 with OFTO transactions playing a key part in the process. We are pleased to close this transaction with our consortium colleagues and player our part in contributing to the UK’s renewable energy and Net Zero targets.”
Centrus acts as the financial advisor for NWEN (UK) on its investment into one of the largest private wire networks in the UK
18.10.24 “Centrus were instrumental in assisting us design and implement an investment structure and were crucial in supporting us through financial close”
Centrus arranged £70m of new funding and advised a £90m portfolio restructure
09.09.24 “Centrus worked with us to our develop strategy before then leading execution. Throughout the team at Centrus have ensured we have been able to control the process against an, at times, challenging backdrop and ultimately to materially improve our treasury position. With this work complete we can now focus on delivering our ambitions to build 500 homes over the next 5 years”
Centrus arranges ¥12bn private placement for The Baillie Gifford Japan Trust PLC
30.07.24 “Following meetings with selected investors, Japan Trust received bids with maturities ranging from 3 to 20 years. A single investor was chosen which provided tranches of ¥4 billion with an average maturity of just under 10 years thereby achieving a blend of medium term finance and at an attractive overall cost.”
Centrus advises Peel on £45m NRE financing
05.08.24“Centrus worked hard on this transaction to deliver a new standalone debt facility for our NRE division. Centrus led the process from end-to-end, resulting in a well-structured, cost-effective solution and providing a strong foundation for Peel NRE to grow. We look forward to working with Centrus again in the future”
Centrus arranges new funding for Cottsway
11.06.2024 “This new funding is part a major re-finance programme for Cottsway which has allowed us to repay legacy debt and secures our corporate ambition to provide more homes in the communities we serve. We are delighted to have our new lenders alongside us and look forward to building a partnership for the future. We are also delighted to have been working with Centrus who have been a huge support.”
Centrus advises Tai Tarian on raising £95m of new bank and capital markets funding
14.05.2024 “When we commissioned this work, I hadn’t appreciated just how hands on Centrus would be on a day-to-day basis but I can now see that this is where the magic really happens and where the value is derived. It is so much more than ensuring that we get the best rate. I am so grateful for Centrus advice, support, trouble shooting, arm twisting and solutionising throughout this process. We would not have achieved the outcomes without Centrus. In the context of these reflections the Board requested that we feedback their gratitude to the Centrus team.”
Centrus advises UK Power Networks Services on the acquisition of United Utilities on-site generation portfolio from SDCL Energy Efficiency Income Trust PLC
07.05.2024 “Centrus supported us in identifying the opportunity to invest in this strategic asset portfolio which supports the growth of our client led electrical services business in the North of England.”
Centrus arranges £75m sustainability-linked term facility for VIVID
16.04.2024 “This loan is the perfect complement to our existing debt portfolio sitting between short-term RCF funding and longer-term bond debt. The facility is tightly priced and reinforces stretching ESG targets for us to deliver sustainable housing. We continue to be pleased with the support from the team at Centrus, in particular the insights and expertise they bring in identifying funding partners capable of providing the flexibility, pricing and breadth of products we need to advance our growth and de-carbonisation journey.”
Centrus arranges two private placement shelf facilities totalling £150m for Anchor
26.02.2024 “These facilities will help us to continue to increase our provision of affordable and energy-efficient homes for people in later life. We anticipate ongoing strong demand as, with an ageing society, the need for such properties has never been greater.”
Centrus restructures and arranges new funding for Jigsaw Homes
05.02.2024 “The report demonstrated an understanding of our financial and treasury landscape and while our treasury portfolio was already robust and well managed, Centrus broughta clear delivery pathway, which has allowed us to obtain the new facilities we needed while optimising our portfolio.”
Centrus advises firmus energy in securing £285m financing package
15.01.2024 “Centrus advised us through each stage of the refinancing. They became a seamless and valuable extension of our team through this process. Their analysis, and in depth understanding of the lenders in the market allowed us to achieve the optimal financing solution for our business…”
Centrus arranges a €70m private placement and £100m of new bank facilities for Alliance Trust PLC
19.12.2023 “Having reviewed its capital structure and the composition of its debt facilities, ATST’s board decided to term out a portion of its bank debt, reduce the amount of its bank facilities to £100m and split these between two banks. Given the strength of Alliance Trust’s balance sheet and the high credit quality of the company, it was unsurprising that the institutional financing attracted significant demand from a range of investors…”
Consortium acts as financial adviser to Ofgem on transfer of offshore wind farm transmission link
19.12.2023 “Offshore windfarms are critical to the UK’s energy transition targets with a fivefold increase to 50GW target by 2030 with OFTO transactions playing a key part in the process. We are pleased to close this transaction with our consortium colleagues and player our part in contributing to the UK’s renewable energy and Net Zero targets.”
Centrus arranges a €71m and ¥2.5bn private placement for The Monks Investment Trust
18.12.2023 “Monks has a diversified portfolio with assets held across a range of sectors and industries and with exposure to several major currencies including USD, EUR, JPY and GBP. In order to benefit from lower coupon currencies, Monks decided to borrow predominantly in EUR but including a modest tranche in JPY with the financing provided by two investors offering attractive terms across a spread of medium term maturities”
Centrus arranges £30m private placement for Heart of Medway
08.12.2023 “There’s a huge demand for affordable housing in Kent and this new private placement, a result of our long-term relationship with PIC, will help us continue to meet the needs of our local communities. We’re pleased to have worked again with PIC and Centrus to secure this funding which will allow us to build more affordable homes for people who desperately need them.”
Centrus advises Abri Group and Silva Homes on merger
11.10.2023 “The Centrus team provided real commercial insight and helped us make key decisions on structure and terms, supporting through some relatively complex covenant negotiations and financial close pricing exercises. They were proactive and very responsive, and great to work with on this deal. We look forward to working with Centrus in the future.”
Sovereign Housing Association and Network Homes merge to form SNG
04.10.2023 “Centrus provided skilful support during the analysis, negotiation and completion stages of our engagement with a very diverse group of funders. The impressive team at Centrus, led by Lawrence Gill and Paul Stevens, were focused on achieving the challenging targets set by both organisations within very aspirational timelines, making productive use of their extensive relationships with funders.”
Centrus advises V&F Homes on financing of affordable homes portfolio
04.09.2023 “Centrus tabled three prospective lenders, helped us select the best option and then guided both parties through the process in a professional and friendly manner”.
Centrus arranges £56m debt refinancing for Funding Affordable Homes
14.08.2023 “This refinancing is a significant milestone for FAH, more than halving our previous cost of debt and providing a stable base from which to raise and deploy equity. In a challenging financing market, Centrus’ deep market knowledge and advice were central to securing the new facility, which now enables us to move forward, focusing on delivering more, much needed affordable homes across the UK.”
Centrus arranges a £100m sustainability-linked RCF and £110m of private placement facilities for VIVID
04.08.2023 “We’re really excited to be developing new relationships with European and North American investors: ABN AMRO, Sun Life and Pacific Life. I am grateful for the support and advice from the team at Centrus in arranging these facilities”
Centrus arranges a €60m Private Placement for Impax Environmental Markets plc
27.07.2023 “Using structural debt with the aim of enhancing returns for shareholders is a key advantage of the investment trust structure. This financing provides attractive long-term debt capital to be deployed for the benefit of shareholders for many years to come and comes at a time when the Board and the Manager believe that portfolio valuation makes gearing desirable”.
Consortium acts as financial adviser to Ofgem on the £1.14bn transfer of offshore wind farm transmission assets
20.07.2023 “Offshore Windfarms are playing a critical role in the UK’s transition to renewable energy and Net Zero targets. It is a fantastic for Centrus and our consortium colleagues to play their part in closing out this important deal and its contribution to energy transition”.
Centrus arranges £150m 10-12-year Private Placement for HICL Infrastructure PLC
22.05.23 “We are pleased to have worked with Centrus to diversify our capital sources and access long-term funding. Their market knowledge and experience was key in assisting us navigate the challenging financial environment and helping us achieve our funding objectives”