Matthew Ingram regularly acts for banks, financial institutions and corporate borrowers on a wide range of transactions in a variety of sectors, with particular experience in acquisition/leveraged finance, real estate finance (both development and investment), asset-based lending and restructuring, refinancing and general corporate financing transactions, often with a cross-border element.

    Matthew is recommended as a “Leading Individual” by The Legal 500 UK 2020 for banking and finance.

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    Acquisition/Leveraged Finance

    • Advised Frontier Development Capital in connection with several acquisition finance transactions, including the senior facilities to fund the management buyout of Aeroco Group, the mezzanine facilities to fund the acquisition of Energy & Carbon Management Limited and the mezzanine facilities to fund the merger of GeoSLAM and 3D Laser Mapping Limited.
    • Advised Trueman HoldCo Limited in connection with a £50 million acquisition finance facility from Arcmont Asset Management to acquire Amerplast Oy, a packaging solutions company with operations in Finland, Sweden, Russia and Poland.
    • Advised Clydesdale Bank PLC in connection with several acquisition finance transactions, including the acquisition of Millennium Data Holdings Limited and the acquisition of Tom Martin Metal Holdings 2011 Limited.
    • Advised ClearCourse Partnership AcquireCo Limited in connection with a £50 million acquisition finance facility from Sixth Street Specialty Lending to acquire companies in the payments processing sector and on its subsequent acquisition of a clinical practice management software business from PPM Software Limited – being the 27th acquisition the firm has completed for ClearCourse.
    • Advised The Royal Bank of Scotland PLC in connection with several acquisition finance transactions, including the acquisition of Beacon Planning Limited and the secondary management buyout of Neville Johnson Holdings Limited (backed by Alcuin Capital Partners).
    • Advised Cera Care Limited in connection with a £50 million acquisition finance facility from a US direct lender to be used to acquire companies in the domiciliary care sector and on its subsequent acquisition of Mears Care, Gem Care, Premier Care and HomeCare 4U.
    • Advised OakNorth Bank PLC in connection with its senior debt facilities to fund the acquisition by Westbridge Capital Partners and Management of Aptus Utilities, the UK’s leading provider of multi-utility services.
    • Advised ECI Partners in connection with the bridge debt and equity funding of the £132 million acquisition of the Moneypenny Group, the world's leading provider of outsourced communication services. Subsequently advised ECI Partners and Moneypenny in relation to its £60 million senior financing from Barings European Private Loans 2 S.à r.l., Barings Global Private Loans 2 S.à r.l. and Massachusetts Mutual Life Insurance Company.
    • Advised On The Beach Group PLC in connection with the financing of its acquisitions of Sunshine.co.uk Limited and Classic Collection Holidays Limited using loans provided by Lloyds Bank PLC.
    • Advised Cytec Industries Inc. in connection with its £274 million recommended cash offer for LSE-listed Umeco PLC by way of scheme of arrangement.
    • Advised Symthomer PLC in connection with its £210 million facilities to acquire a German group of companies.

    Real Estate and Infrastructure Finance

    • Advised several Jersey incorporated SPVs in connection with real estate finance transactions, including:
      • The acquisition and redevelopment of a central London property using the proceeds of equity investments provided by various international family offices and UHNWIs, and circa £100 million of senior loans provided by a real estate-focused debt fund.
      • The acquisition of a central London property using the proceeds of equity investments provided by various international family offices and UHNWIs, and circa £36 million of senior loans provided by a real estate-focused debt fund.
      • The acquisition and redevelopment of a property in Manchester using the proceeds of equity investments provided by various international family offices and UHNWIs, and circa £25 million of senior and mezzanine loans provided by a bank and a real estate-focused debt fund.
      • The acquisition and redevelopment of a property in Glasgow using the proceeds of equity investments provided by various international family offices and UHNWIs, and circa £31 million of senior and mezzanine loans provided by a real estate-focused debt fund and a government sponsored fund.
    • Advised Santander UK PLC in connection with a £59 million development facility to LTE Group which, alongside additional funding from Greater Manchester Combined Authority, Greater Manchester Local Enterprise Partnership and Manchester City Council, will fund the £140 million redevelopment of LTE’s higher education estate, including the construction of a new Centre of Excellence for the Creative and Digital Industries in Manchester City Centre.
    • Advised Leisure Resorts in connection with its loan facilities from National Westminster Bank PLC to develop several holiday parks in the North of England.
    • Advised in connection with the establishment of Leeds City Region Revolving Investment Fund LP and on several subsequent loans, including:
      • Loans (ranking pari passu with loans from National Westminster Bank PLC) to fund the construction of 330 low-carbon homes on a brownfield site in Leeds City Centre by Citu (Low Fold) LLP.
      • Loans to fund the enabling works for Axiom, the 106-acre next-generation, experience-driven, “Brand Playground” being developed in Yorkshire.
      • Loans to fund the construction of new film and television studios in Leeds City Centre.
      • Loans to fund several residential development schemes across the Leeds City Region.
    • Currently advising Transport for Greater Manchester in connection with a proposed Clean Air Charging Zone across Greater Manchester, and in connection with the various financial support packages being made available to mitigate its economic impact.
    • Advised HBL Bank in connection with its loan facilities to Breathfull 4 Limited, secured against a property portfolio across the UK, and used to refinance loans originally provided by Investec Bank.
    • Advised Leeds City Council in connection with its loan scheme for taxi and private hire drivers, which was designed to mitigate the economic impact of the proposed Clean Air Charging Zone in Leeds.
    • Advised The Homes and Communities Agency (and several local authorities) on various state aid compliant grant and mezzanine loan facilities, including those in connection with (i) the development of Trinity Walk Shopping Centre, Wakefield, (ii) the mixed-use development at Broad Street, Halifax, and (iii) the 250-bedroom hotel and 117,000-square-foot office development at Southgate, Bradford.

    General Corporate Financing

    • Advised Polypipe Group PLC in connection with the refinancing of its £350 million senior revolving credit facilities with a five-bank syndicate, on the establishment of a £100 million Euro Commercial Paper Programme and on the financing of numerous acquisitions, including, most recently, the £210 million acquisition of ADEY.
    • Advised Studio Retail Group PLC in connection with the refinancing of its £120 million senior revolving credit facilities with a six-bank syndicate. Subsequently advised Studio Retail Group PLC and Studio Retail Limited in connection with its £225 million receivables securitisation programme.
    • Advised Luceco PLC in connection with the refinancing of its £50 million revolving credit and receivables finance facilities with HSBC UK Bank plc and HSBC Invoice Finance (UK) Limited.
    • Advised On the Beach Group PLC in connection with its £75 million revolving credit facilities.
    • Advised Tissue Regenix Group PLC in connection with its US$20 million term loan and revolving credit facilities from MidCap Financial Trust, a specialty finance firm managed by Apollo Capital Management, L.P.
    • Advised Outsourcery PLC in connection with the restructuring of its loan facilities from a Luxembourg-based lender and in connection with its subsequent IPO and associated equity capital markets transactions.
    • Advised SThree PLC in connection with its £50 million revolving credit facility from HSBC Bank PLC and The Royal Bank of Scotland PLC, including an “accordion option” allowing the facilities to increase up to £70 million.
    • Advised BOOST&Co in connection with its growth capital facilities to Xalient, the independent provider of consulting and managed IT services.
    • Advised Frontier Development Capital Limited in connection with its development capital facilities to Music Magpie and in connection with the additional asset-based lending facilities provided by Aurelius Finance Company.
    • Advised Stobart Group in connection with its £20 million Shari’ah compliant financing arrangements with Bank of London and the Middle East PLC, and the associated restructuring of its £100 million term loan facilities from Prudential/M&G and its invoice discounting facilities from KBC Commercial Finance NV.
    • Advised Lucite International Finco Limited in connection with the refinancing of circa US$500 million of Listed Loan Notes.
    • Advised NFFC Group Holdings Limited and Fawaz Al-Hasawi on the sale of Nottingham Forest Football Club Limited to NF Football Investments Limited.
    • Advised The Social Investment Business Foundation (formerly Adventure Capital Fund) – being a provider of finance to charities, community centres and other entities that cannot access traditional finance – on more than 50 investments, including in Headingley Enterprise & Arts Centre Limited, Tiger 11 Limited and E:Merge Bradford Community Interest Company.

    Asset-based Lending

    • Advised Park-Ohio Industries Inc. and its subsidiaries in connection with their US$350 million senior asset-based lending facilities from a syndicate of financial institutions arranged by J.P. Morgan Securities Inc.
    • Advised ABN AMRO Commercial Finance PLC in connection with its invoice discounting, property and term loan facilities to an international group of companies and on the subsequent restructuring of those facilities following a group reorganisation and corporate disposal programme.
    • Advised James Briggs Limited in connection with its receivables finance facilities from RBS Invoice Finance Limited used to refinance acquisition debt and finance working capital.
    • Advised RBS Invoice Finance Limited in connection with several cross-border receivables finance transactions, including those for MWheels, Flint Consulting and ASM Technologies.
    • Advising Leumi ABL Limited and Bank Leumi (UK) PLC in connection with their asset-based lending and term loan facilities to Bromford Industries Limited (backed by Darwin Private Equity).
    • Advised RBS Invoice Finance Limited in connection with its asset-based lending facilities to Eagley Plastics Limited and Vinyl Compounds Limited.

    Education

    • Nottingham Law School, L.P.C., Distinction, 1999
    • The University of Manchester, LL.B., Honours, First Class, 1998

    Admissions

    • England and Wales, 2001
    • Notable practitioner in IFLR1000 2019 for banking and real estate finance
    • Recommended in The Legal 500 UK 2020 for banking and finance
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