Forging relationships for the future...

HIGH FLYERS

 

“Junk is the ultimate merchandise. The junk merchant does not sell his product to the consumer, he sells the consumer to the product. He does not improve and simplify his merchandise, he degrades and simplifies the client.” William S. Burroughs (1914-1997)

 

The majority of our clients have worked with us for a number of years, and are often referred to us by other existing clients. We believe that this reflects the level of personal service delivered by Olivine.

Debts.co.uk plc

Client logo

Raised £2.73m via a new placing and acquire the insolvency business of Brightside Group plc. Olivine acted as lead advisers on the transaction.

Raised £1.63m via a new placing and acquire Adie Financial Solutions Limited. Olivine acted as lead advisers on the transaction.

Olivine acted as lead and tax advisers to Debts.co.uk plc in the acquisition of the business and certain assets of Neville Eckley & Co, chartered accountants and licensed insolvency practitioners.

AIM admission – raising £10m. Debts.co.uk plc raised £5m in new monies and £5m in a vendor placing to fund the expansion of its infrastructure and marketing expenditure. Stuart Cumberland has acted as Finance Director since February 2006 and was specifically brought in to handle the AIM admission and fundraising process. Olivine acted as tax advisers to the flotation by carrying out a merger, implementing a share option scheme and reviewing the VAT partial exemption position.

Ekay plc acquisition of Wallace Barnaby & Associates Ltd for £1.75m

Client logo

Olivine acted as lead advisers to Ekay PLC, a Kent-based advertising agency in the acquisition of Wallace Barnaby & Associates Ltd, one of Britain’s largest offshore marketing and advertising agencies, for £1.75m.

Ekay plc £7.5m AIM admission. Stuart Cumberland was appointed as Finance Director of Ekay plc to assist with the strategic and financial development of the business, and complete the admission to AIM. Ekay’s admission will enable the company to further develop its business and make strategic acquisitions. Olivine also act as tax advisers to Ekay plc.

Delphic Europe Limited secures second round funding

Client logo

Delphic Europe, the UK’s leading provider of specialist diagnostics products and services for HIV clinics raised, with financial advice from Olivine, a further £500,000 from MMC Ventures and management.

Secures development capital. Olivine provided financial advisory to MMC Ventures and The Capital Fund as they invested in Delphic Europe Ltd, the UK’s leading provider of specialist diagnostics products and services for HIV clinics. Delphic will use the new funds to expand its unique HIV diagnostics service into HIV centres and sexual health clinics across Europe.

ApplianSys secures funding

Client logo

ApplianSys, which designs and builds server appliances, attracted funding of £620,000. Olivine acted as financial adviser to the London Technology Fund, London’s specialist investor in new technology companies, as it invested as part of a syndicate which included The Capital Fund and Business Angels.

Amano raises £1m with the help of the Capital Fund

Client logo

Continental-style all-day café business Amano raised £1m of new funding across two investment rounds from a group of private investors and The Capital Fund, a £50m venture capital fund that invests in fast growth companies in Greater London. Olivine advised The Capital Fund in its investment which will be used to roll out new cafés in the capital and beyond.

Futuremedia plc acquisition of The Button Group plc

Client logo

Futuremedia plc, a leading European e-learning and managed benefits services provider, completed an agreement to acquire leading UK brand communications company The Button Group plc. Olivine advised the vendors.

TXT4 secures a £1.25m investment

Client logo

Olivine provided transaction support for TXT4, a company providing automated mobile response systems for advertising and recruitment campaigns when it secured a £1.25m investment from Oxford Capital Partners and Noble Fund Managers.

MBI of Brand Essentials from Quest

Client logo

Olivine provided lead advisory and taxation services for an MBI team led by brand channel director Sven Deregowski as it acquired the business Brand Essentials from Quest.

London Technology Fund invests in Dynamic IT Management Services

Client logo

Olivine provided transaction support for a group of investors including London Technology Fund as they invested £900,000 in specialist software supplier Dynamic IT Management Services. The funding round will enable Dynamic IT to accelerate the development of TradeSTP, their trade notification product, which makes it possible for banks and brokers to deliver foreign exchange trade notifications directly to their clients’ applications.

The Capital Fund backs Wireless Brand Channel Ltd

Client logo

The Capital Fund were provided with transaction support by Olivine when they invested in Wireless Brand Channel Ltd, a digital marketing agency specialising in providing innovative new media channels for brands to communicate with their customers. The funding round will be used to extend its unique Redeemit® service and will expand its sales operations.

MBO of The Button Group plc

Client logo

An MBO team lead by Tom Bingham has acquired the entire share capital of The Button Group plc, a leading UK brand communications company. Olivine provided lead advisory and taxation services for the MBO team.

Alba Communications Limited set to expand

Client logo

Alba Communications Ltd, a production company specialising in historial, factual, musical and children’s programmes for global television and video markets has attracted funding from The Capital Fund. Alba will use part of the funding to expand into the fast-growing DVD market, and has created Alba Home Vision division that is set to release a range of unique DVD titles.

HD Clinical Ltd acquires Datacam Ltd and Hilex Ltd

Client logo

HD Clinical Ltd acquired Hilex, makers of the Prism departmental system, and Datacam, makers of clinical data management solutions for cardiology and vascular surgery. Olivine provided tax and financial advisory services to HD Clinical including the implementation of a share option scheme.

MBO/MBI of Mackenzie Brothers Limited

Client logo

Wholesale fish merchants Mackenzie Brothers Ltd were acquired by a management buy-in team, backed by The Capital Fund. Olivine provided financial and tax advisory work to support the equity investment into the buy-in structure.

 

Recent news

Olivine has assisted the development of debts.co.uk plc in all areas of our business – identifying opportunities and delivering results is the standard. We have completed on 5 transactions with the team at Olivine as well as the day-to-day relationship we enjoy providing solutions to the many challenges a growing business faces. Having floated on AIM in 2006, Olivine was instrumental in putting together a team of professionals able to deliver on the flotation and beyond. The process was seamless and delivered within short time scales and the results were apparent from day one.
Paul Carter (CEO) and Barry Krite (MD) Debts.co.uk plc.
www.debts.co.uk


We have developed a high regard for the services provided by Olivine. The reports prepared by Stuart and Vanessa were clear and concise and addressed the risks and challenges facing the businesses they were reporting on and offered decisive clear-minded advice.
Ian Cameron, Investment Director YFM Venture Finance.
www.yfmgroup.co.uk


Vanessa and Stuart have acted for Workspirit on a number of issues over a period of several years. Their in depth knowledge of tax issues and expertise in the realm of corporate finance have ensured we return to them time and time again. Additionally the nature of our working relationship is one that makes business a pleasure.
Joseph Lagna, Joint Managing Director Workspirit (UK) Limited.


When we sold our business last year, it proved to be a particularly intense and tortuous process. The terms of the transaction were complex and demanding, the lawyers were aggressive and pedantic and the whole process was rendered more stressful with hand-grenades being thrown by third parties intent on scuppering the deal. From the start and throughout the entire process Stuart and Vanessa were hugely supportive, offering calm, friendly advice and guidance in a clear and concise way. Stuart helped in looking at the bigger picture, keeping us on track when the pressure might have caused us to accept less favourable terms and Vanessa would always provide an accurate and almost instantaneous response to what seemed to us to be complex technical questions.
M Brookes FCMA - Finance Director, Synergy Software Solutions Limited.
www.perfectinfo.com


When we sold our business last year, it proved to be a particularly intense and tortuous process. The terms of the Olivine have assisted us in a number of areas over the past 6 years and we would recommend them to anyone engaged within the property sector.
Francis Firmstone – Founder, Firmac Developments.
www.firmacdevelopments.co.uk

News click-through
Plog
Read all about it! Yes it’s true, my name is Pongo and I am the office dog at Olivine. Before I had my own Blog I engaged in incessant, pointless barking - how life changes! >> FWD
Plog click-through

Register here

Why not register with us to receive our periodic newswire? Just enter your details below.


Submit your registration
 
Image