MDW Capital supports Aliter Capital investment in Jumar

London, 22 November 2023

MDW Capital is pleased to announce the completion of its 11th transaction of 2023 and its 65th transaction in five years. The Firm has advised funds managed by Aliter Capital LLP (“Aliter”) on arranging debt facilities to support its investment in Jumar and to provide committed funding for future M&A activity.

The investment, made from Aliter’s second fund, Aliter Capital II, sees Jumar join the portfolio as a key part of its strategy to develop a leading specialist technology solutions and resourcing group in the UK, alongside tech talent business Concept Resourcing, the Dudley based company acquired by funds managed by Aliter in July 2022.

Aliter, engaged MDW Capital to provide pre-deal advice and to advise on securing a financing package to support its investment.

James Davies, Investment Director at Aliter, commented “With this highly exciting investment, Aliter is continuing to deploy capital in a core target sector and has further M&A planned. Our investment case called for debt facilities that support the platform, with the flexibility to integrate any add-ons being crucial to our objectives. It was clear from the outset that the team at MDW understood the critical features of what we needed and presented the deal to potential lenders such that we were able to achieve both our capital structure and terms flexibility objectives.”

David Culpan, Managing Partner at MDW Capital added “As with all our transactions, this deal continues to demonstrate how adept MDW is at thinking and transacting like a borrower. It sits at the very heart of the service our clients value so highly. The understanding we have of a Sponsor’s investment thesis enables us to craft the right structure that maximises value and bring about much greater deal certainty.”