Park Place Corporate Finance

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WHP

£38m Secondary MBO

WHP

WHP are established providers of professional and network support services to mobile network operators. They are one of the UK's longest established providers of professional and network support services to the wireless telecommunications sector. WHP offer a complete range of end to end services. Covering all the disciplines required by network operators and tower company clients, WHP supply a one stop shop where all client’s needs are catered for.

The £30m turnover group employs around 275 people, is headquartered in Warrington and has operations in Leeds, Glasgow and Reading.

PPCF initiated and were lead advisor to Palatine Private Equity on the secondary buy-out, led by MD Rob Potter from Key Capital Partners. Additionally, PPCF assisted with the raising of substantial debt and working capital facilities to support the transaction and the future growth of the business.

Tim Clarke, who led the deal for PPCF commented, “This is a very exciting time for the telecoms infrastructure sector and WHP are well placed to meet the demands of a rapidly expanding mobile telecoms market. We recognised early on that Palatine were an ideal partner for the business having demonstrated an excellent understanding of the telecoms sector and worked closely with them to structure an exclusive deal that worked for all parties.”

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