MDW Capital advises leading sporting goods distributor

London, 1 December 2022

MDW Capital is pleased to announce the completion of its latest transaction, advising ZyroFisher (the
“Group”) on raising over £25 million of debt facilities to support both its working capital requirements
and the Group’s expansion across Europe.

ZyroFisher is a leading distributor of sporting goods to the outdoor sports market with a particular focus
on all disciplines of cycling as well as other adventure sports including snow sports, motocross and
water sports. With operations centres in the UK and France, the business provides logistics, sales,
marketing, tech support, brand management and training to leading global brands to give them access
to European consumers.

The Group selected MDW Capital given the firm’s unrivalled expertise in providing borrowers with best
in class advice and their experience of working capital facilities for European consumer goods focused
businesses.

Rob Haycock, ZyroFisher CEO, commented “it was clear from the outset that the MDW team
understood our requirements and the objectives of this process. Their knowledge as borrowers and
investors, and specifically their experience in arranging the debt facilities we needed, were instrumental
in advising the Group as we successfully arranged excellent financing facilities that provide us with the
flexibility we need to grow our business further, both in the UK and across Europe”.

David Culpan, Managing Partner at MDW Capital added “this financing reiterates our view that the
quality of advice our clients value so highly is best provided by a team that deeply understands
borrowers’ and shareholders’ needs. This unique insight that underpins our approach of thinking like
our clients when structuring facilities is why we continue to believe that capital really is not just about
the money.”