DMH Stallard acts for regional finance provider, Leumi ABL Limited on its continued funding for M&A transactions
DMH Stallard has acted for Leumi ABL Limited, a commercial finance provider based in the South-East, on its funding of the share acquisition of the RDS Group of companies, manufacturing forestry machinery and scales for construction machinery industry.
A specialist asset based lender Leumi ABL provided the working capital support required for the RDS Group and its on-going business requirements, enabling the acquisition of the Group. This is one of the growing number of Leumi ABL’s recent M&A transactions.
Abigail Owen (Corporate Partner) and Giedre Jakubonyte (Corporate Solicitor) at DMH Stallard worked alongside the Leumi ABL team, to complete the funding arrangements for the successful acquisition.
Rob Wakeford, from Leumi ABL commented: “This is yet another transaction that needed to be completed quickly. DMH Stallard once again, provided excellent support and advice. Abigail Owen and colleagues worked with us to understand our client’s commercial needs while protecting our interests. They facilitated a smooth completion to a full satisfaction of all parties involved.”
Abigail Owen, from DMH Stallard commented: “At DMH Stallard we pride ourselves on providing an outstanding and bespoke service to our clients. For Leumi ABL, we helped them bring this deal to a successful completion in what was a very testing and fast transaction. We are pleased to have assisted Leumi ABL in putting in place a flexible finance solution which will work in tune with the business of their client.”