Park Place had an ongoing engagement with VMS when a shortfall in orders from a significant customer led to underperformance against business plan. The bank appointed advisers who recommended an insolvency process.
Park Place on behalf of the company was able to challenge the report recommendations and prepare its own analysis of alternative options available. Park Place secured the extension of the bank’s support for the business which has recovered strongly justifying the continued commitment of the bank.
Since 2006, we have guided UK and overseas clients on mergers, acquisitions and disposal activities, MBOs (and buy ins), broad-ranging strategic issues, corporate reorganisation and recovery and private equity.
Chameleon was established in 2010 and is a pioneer in smart energy technology. By securely accessing real-time energy data from smart meters, Chameleon provides feedback to consumers via smart In-Home Displays (IHDs) and cloud-connected devices.
Based on Teesside, PX operate and manage some of the UK's largest industrial and power generation plants. Park Place has advised the business since their buy-out from the receivers of Enron. Park Place were retained as their strategic and financial advisor until the business was sold in 2016.
Republic is a leading multi-brand fashion retailer operating throughout the UK with a distinctive customer proposition. Its product offering includes aspirational brands such as Bench, Hooch, Replay and G-Star, as well as up and coming niche brands and its own exclusive range.
Park Place were engaged to advise the Parcelforce Board to evaluate acquisition opportunities in the UK express parcel sector. We then led negotiations with the preferred target but could not ultimately agree terms.
Opentree is a leading Electronic Document Management Software (EDMS) developer which manages all forms of office documents and CAD drawings for multinational blue chip clients such as Tata Steel and Siemens. The business is based in Stokesley and has a development office in Sheffield.
Crossroads Truck & Bus is the Volvo commercial truck and bus dealership for Yorkshire and Lincolnshire. The business was the subject of an MBO in August 2005 funded by HSBC. Park Place conducted due diligence for the bank and established a close working relationship with the management team.
TSP Projects Limited (“TSP”) is a leading UK multi-discipline design consultancy with extensive engineering capabilities and specialist expertise in the transportation, construction, defence & security and energy & power sectors.
Park Place have advised the shareholders and management team of InXpress on the Management Buy Out funded by Hudson Hill Capital.
NHC is a direct sales and manufacturing business based in North Wales. It manufactures a range of mobility, healthcare, beauty and fitness and equine products including adjustable beds, recliner chairs, cellulite reduction systems, horse massage systems and gym equipment.
Hope Technology is one of the world leaders in engineering bicycle components. Since 1989 Hope have been pushing the industry forward through designing, testing and manufacturing virtually all products in-house at its factory in Barnoldswick, United Kingdom.
Interchange and Consort Hotels operates two business units; Best Western GB and Beacon Purchasing. BWGB is a members run entity operating the Best Western Hotel brand in the UK with c.400 independently owned and operated hotels.