MDW Capital advises EA-RS Group

London, 20 October 2022 

MDW Capital is pleased to announce the completion of its latest transaction, advising EA-RS Group Limited (“EA-RS” or the “Group”) on raising over £40 million of debt facilities.

Established in 1996, EA-RS is one of the UK’s leading providers of fire safety systems and services.  Since securing investment from Rockpool in January 2021, EA-RS has grown at significant pace organically and through acquisitions, to broaden both the Group’s geographical and service offerings.  With a continued growth and a strong pipeline of further acquisition opportunities, obtaining the right financing facilities is a crucial step in EA-RS’s achieving its growth strategy.

The Group selected MDW Capital given the firm’s unrivalled expertise in providing borrowers with best in class advice, from a team that has been borrowers and shareholders in the past.

Alan Wheal, EA-RS CEO commented “the Group’s growth trajectory is focused on building our leadership in fire safety solutions and services for critical infrastructure industries.  Investment from Rockpool enabled us to kick-start delivering that plan; with seven add-on acquisition completions we needed a financing facility that would also support our growth plan.  It was clear from the outset that the MDW Capital team understood our needs, know how best to present our business, and had deep relationships with the right financing partners.  MDW Capital’s approach was hands on, high calibre and evidenced their deep expertise.  They were able to describe to each member of our management team, the intricate commercial differences between the debt facilities on offer to enable us to select the best partners for the next phase of our journey.” 

Guy Ellis, Partner at Rockpool Investment LLP, commented “EA-RS is one of Rockpool’s largest investments and has grown significantly since our initial investment.  Arranging the right financing with the right lenders was the next critical step in EA-RS’s accelerated growth plan.  We are delighted that Ares and Barclays has partnered with the Group.  The MDW Capital team was exceptional in their delivery, taking full responsibility of the project and providing excellent advice to both the Group and us”.

David Culpan, Managing Partner at MDW Capital added “to receive such high praise from our clients is extremely rewarding.  Andrew and I established MDW to leverage our shareholder and investor debt capital markets’ experience and provide clients with unrivalled knowledge and service.  As the Firm continues to grow, this differentiated experience and approach remains right at its core.”