Banking and finance in North West

Addleshaw Goddard

Addleshaw Goddard’s large, dedicated finance team covers the full spectrum of mandates for notable clients across the energy, finance, health, transport and retail and consumer sectors. The group covers corporate, leveraged and asset finance, as well as asset-based lending, project finance and derivatives-based transactions. The team is led by Martin O’Shea, an expert in real estate and corporate financing who recently advised JD Sports on the financing aspects of their $1bn acquisition of rival Hibbett. Among the other experienced partners in the team are Richard Oman, who focuses on corporate lending and acquisition finance, Andrew Maskill, who specialises in asset finance, and Katie Ridehalgh, a key contact for real estate finance transactions. Ben Edwards, Elizabeth Wareing, Sarah Jay and Lauren Priest-Stephens are further key names in the department, with the latter two having been promoted to partner in May 2024.

Praxisleiter:

Martin O’Shea


Weitere Kernanwälte:

Andrew Maskill; Richard Oman; Katie Ridehalgh; Ben Edwards; Elizabeth Wareing; Sarah Jay; Lauren Priest-Stephens; Ryan Gilmore


Referenzen

‚Addleshaw Goddard’s unique selling point is that the team is undeniably the largest and most diverse in terms of areas of finance covered and experienced team in the Northern market. The advice we receive is always commercial, and the team is drilled to provide advice rather than just presenting an issue with no solution.‘

‚Standout individuals are Martin O’Shea and Sarah Jay, both partners who specialise in real estate finance at the firm. Martin focuses on delivering commercial advice. He knows and understands the market and is a very experienced lawyer. Sarah is an experienced lawyer and extremely personable. She understands our policy points and has a good knowledge of the market providing commercial advice.‘

‚The asset finance team is extremely knowledgeable of both the subject matter and the industry sector as a whole. Not only do they provide solutions for our questions, but they also offer alternative & innovative different ways of approaching matters.‘

Kernmandanten

JD Sports Fashion


Applied Nutrition


Co-operative Group


N Brown


Peel


Bruntwood


Morgan Advanced Materials


NCC Group


Spirax Group


Tata Chemicals


Highlight-Mandate


  • Advised JD Sports on its $1bn, six-bank facility to fund the acquisition of Hibbett, Inc.
  • Advised Co-op Group on its £400m sustainability-linked revolving credit facility with a syndicate of six banks.
  • Advised a syndicate of four banks on the provision of a £150m multicurrency revolving credit facility to Card Factory plc.

DLA Piper

DLA Piper demonstrates strength in leveraged, asset and debt finance and asset-based lending (ABL) matters, where the team frequently acts for both lenders and borrowers, which include large corporates, banks and property developers. Practice head Joseph Frew excels in ABL and real estate finance, while Matthew Christmas is an expert in all forms of international leveraged finance, including unitranche, super senior and FOLO. Rebecca Williams is well versed in asset finance structures and block discounting, Charles Weems is adept at leveraged and acquisition finance and corporate lending and Alastair Carruthers advises banking and financial services clients on ABL. Claire Dyer is a key senior associate in the team, acting on various debt finance mandates. Alex Yeramian left the firm in January 2025.

Praxisleiter:

Joseph Frew


Weitere Kernanwälte:

Matthew Christmas; Rebecca Williams; Charles Weems; Alastair Carruthers; Claire Dyer


Referenzen

‚Great quality advice, commercial and look for the right solution for the lender and the borrower.‘

‚Matthew Christmas and Charles Weems both provide great quality advice and are commercial when looking for solutions.‘

‚Depth of resources and knowledge.‘

Kernmandanten

ABN AMRO


AO World Plc


Arrow Global


Aurelius


Biffa Plc


Capital & Centric


INEOS


Leumi ABL


Maslow Capital


Oaknorth


Pemberton Capital


Permira Debt Managers


Thincats


Tosca Debt Capital


Highlight-Mandate


  • Acted for OakNorth Bank Plc in connection with its senior secured debt financing of the acquisition of an equity investment in Ultimate Performance by Inflexion’s Enterprise Fund V.
  • Advised Quickline Communications Limited on the £250m term facilities provided to the group by UK Infrastructure Bank Limited and National Westminster Bank plc.
  • Acted for INEOS Automotive Limited in regards to the company’s debut global inventory and receivables financing facility.

Pinsent Masons LLP

Major banks, local private debt funds, corporate borrowers and private equity sponsors are among the clients who regularly turn to Pinsent Masons LLP for advice on corporate lending, real estate, education, leveraged and acquisition finance, public sector lending and asset-based lending. Matt Morgan leads the practice and handles real estate and corporate finance in both domestic and cross-border transactions. Tim Fearn is highly regarded for his expertise in leveraged finance, Samantha Rollason’s broad practice encompasses advice on the restructuring of real estate transactions and funds as well as public sector finance, and Catherine Donnelly handles debt financing matters.

Praxisleiter:

Matt Morgan


Weitere Kernanwälte:

Tim Fearn; Samantha Rollason; Catherine Donnelly


Referenzen

‚A highly experienced team with a positive attitude and the ability to work constructively and problem-solve.‘

‚The team is highly knowledgeable and efficient.‘

‚Excellent client service skills – the team is very user friendly, easy to work with and takes time to explain its advice. They have a strong command of the current market and what they are seeing on other equivalent deals. They offer a partner-led delivery model – actively involved throughout the process.‘

Kernmandanten

Kartesia Management S.à r.l


Beechbrook Capital LLP


TDC LLP


TC Loans Limited


OakNorth Bank plc


HSBC UK Bank plc


National Westminster Bank Plc


Lloyds Bank plc


Virgin Money


Shawbrook Bank Limited


Santander Bank PLC


PJ Livesey Group Limited


European Metal Recycling Limited


Praedius Limited


Black & White Engineering Limited


Alpine Fire Engineers Limited


Beyond Law Group Limited


Highlight-Mandate


  • Advised a syndicate of lenders on a £400m sustainability-linked revolving credit facility provided to the Co-operative Group.
  • Advised the lender in relation to its funding of Assura plc’s £500m acquisition of the portfolio of UK private hospitals owned by Canada’s NorthWest Healthcare Properties.
  • Advised a club of five lenders on facilities provided to MSQ Partners, backed by One Equity Partners, to fund acquisitions in Germany and the US.

Squire Patton Boggs

Advising an array of financial institutions, private equity sponsors and corporates, Squire Patton Boggs is noted for its expertise in leveraged finance transactions, real estate and infrastructure finance, public funding and asset-based lending structures. Matthew Ingram heads up the practice and covers a host of transaction financing and refinancing, including leveraged, real estate and corporate. Claire Shepherd specialises in commercial lending, including syndicated, term and revolving facilities and Andrew Kirkham’s broad practice covers bilateral and syndicated facilities and security matters for banks. Mariche Chambers, Ben Shore and Caroline Morris are further key banking and finance contacts in the North West.

Praxisleiter:

Matthew Ingram


Weitere Kernanwälte:

Claire Shepherd; Andrew Kirkham; Mariche Chambers; Ben Shore; Caroline Morris; Michael Atherton


Referenzen

‚The team is clearly expert in finance matters and has a great grasp of the market. This helps to cut to the chase on the finance issues that matter, which is critical to getting complex deals over the line. They are also extremely client-focused, responsive, user-friendly and able to distil complex issues quickly.‘

‚Matthew Ingram was a real trusted advisor on our matter – reassuringly across the technical details and able to drive the matter forward, without losing sight of the commercial objectives. A class act.‘

Kernmandanten

DEA Aviation Limited


Leisure Resorts Limited


Oliver James Associates Limited


National Westminster Bank plc


ECI Partners LLP


Rothschild & Co Wealth Management UK Limited


HSBC UK Bank plc


Lloyds Bank plc


Santander UK plc


OakNorth Bank plc


Handelsbanken plc


Clydesdale Bank plc/Virgin Money/ Yorkshire Bank


Shawbrook Bank Limited


Frontier Development Capital


SME Capital Limited


Assetz Capital


Praetura Commercial Finance Limited


Camira Fabrics Limited


Chiltern Capital LLP


Triple Point Investment Management LLP


The Logically Limited


LCR UDF Limited Partnership


Chrysalis Limited Partnership


Arbuthnot Commercial Asset Based Lending Limited


Leeds City Region Revolving Investment Fund


Principle Global


LE Capital


Highlight-Mandate


  • Advised TDKP Group in connection with a £120m term loan and acquisition finance facility provided by Macquarie Principal Finance.
  • Advised Oliver James Associates Limited in connection with a £31.7m facility from H.I.G. Bayside Capital Europe to refinance existing debt and finance the further growth, and in connection with its £20m asset-based lending facilities from ABN AMRO, HSBC Invoice Finance and HSBC Bank USA.
  • Advised Viper Innovations in connection with the financing of its management buy-out, funded by HSBC and other shareholders.

Brabners LLP

Brabners LLP's broad banking and finance practice is well placed to advise both lender and borrower-side mandates, encompassing leveraged and structured finance, acquisition and real estate finance, asset-based lending and mezzanine finance. Andrew O’Mahony in Liverpool and Richard Cowan in Manchester share leadership of the team, with the former frequently advising on borrowing requirements for registered housing providers in the social housing sector, and the latter handling a litany of financing matters, including revolving credit facilities and syndicated financing. Helen Burns strengthens the team in the real estate finance field. Michael Francos-Downs joined the team from Clarion in June 2024.

Praxisleiter:

Andrew O’Mahony; Richard Cowan


Weitere Kernanwälte:

Helen Burns; Michael Francos-Downs; Lucy Porter-Grocott; Alex Quinn


Referenzen

‚Responsive and quickly understood our commercial risks and drivers in what was a complicated and rather unusual deal.‘

‚Richard Cowan was assertive where needed and traded commercial points well to achieve our key requirements.‘

‚Attention to detail on technical matters, but able to explain these without overly complicated jargon for counterparts who may not be as familiar with the legal wording. They will provide a tailored solution to a proposal, suggesting ways to improve on the scope of work given.‘

Kernmandanten

National Westminster Bank plc


Hope Capital Limited


Santander UK plc


Phoenix Money Ltd


The Charity Bank Ltd


Breeze Capital Ltd


Clydesdale Bank PLC (t/a Virgin Money)


TSB Bank plc


Momentum Finance Group


Barclays Security Trustee Limited


Handelsbanken plc


Highlight-Mandate


  • Advised The Charity Bank on the provision of loan facilities to The Eden Project to enable it to refinance its existing facilities with Allied Irish Bank.
  • Advised National Westminster Bank in relation to financing arrangements in respect of the management buyout of Wirral Roofcare Limited.
  • Advised Navigate Bidco Limited in relation to financing arrangements with ThinCats to support the acquisition of Compass CHC Limited.

DWF

The DWF finance and restructuring group often handles public sector funding arrangements for local authorities and government bodies, next to the work they do in energy, real estate, education and corporate financing. James Szerdy is the practice head based in the North West and is adept at corporate lending, often working for clients in the automotive industry. Paul Brown and Eleanor Cook are also key members of the team.

Praxisleiter:

James Szerdy


Weitere Kernanwälte:

Paul Brown; Eleanor Cook


Kernmandanten

HSBC Bank PLC


Santander UK plc


Clydesdale Bank/Virgin Money


Secure Trust Bank plc


Lendinvest


Homes England


NextGear Capital UK Limited


NWF plc


Music Magpie plc


Manchester City Council


Salford City Council


Greater Manchester Combined Authority


West Midlands Combined Authority


West Yorkshire Combined Authority


Department for Education


Bradford City Council


Stoke-on-Trent City Council


Highlight-Mandate


  • Advised Technikraft Holdings on a post-acquisition refinancing with National Westminster Bank plc.
  • Advised Trak Global Group on the amendment and restatement of its term loan facilities with National Westminster Bank plc, including the completion of security over UK and international intellectual property assets.
  • Advised Salford City Council on the acquisition of debt and shares from Peel Holdings in respect of the City of Salford Community Stadium.

Shoosmiths LLP

Shoosmiths LLP centres its Manchester-based practice on real estate finance transactions, advising various funds, PE investors, mezzanine lenders and local authorities on the lender side, while also counselling several high-profile property developers and corporates on the borrower side. Liz Sweeney leads the practice and has extensive banking and finance expertise across real estate development projects, including student accommodation, built-to-rent, leisure, office and healthcare developments. The team houses a strong associate bench comprising of Alice Casey, Sam Jadhav, Hannah Tinsley and Saima Rasool, who continue to be active on real estate finance transactions. The team was strengthened in January 2025 with the addition of Alex Yeramian from DLA Piper, who brings expertise in leveraged finance, acquisition finance and corporate lending and joins the team as a partner.

Praxisleiter:

Liz Sweeney


Weitere Kernanwälte:

Alice Casey; Sam Jadhav; Hannah Tinsley; Saima Rasool; Alex Yeramian


Referenzen

‚Very proactive & client friendly.‘

‚Very professional & proactive.‘

‚Clear, concise and commercial legal advice. Shoosmiths is always excellent at communicating and keeping projects on track. They provide sound legal advice but also advise us on the market positions they are seeing on certain topics so that we can better consider and understand the requests of lenders.‘

Kernmandanten

Renaker


Select Property Group


Vita Ventures


Together Commercial Finance


Aviva Investors


Kellen Homes


The Co-operative Bank


Birchwood Real Estate


Moorfield Group


Highlight-Mandate


  • Advised Renaker on their £120m development finance facility from Greater Manchester Combined Authority for the development of Contour, Great Jackson Street and Trinity Islands, Manchester.
  • Advised Aviva Investors in respect of their multi-tranche £55.9m term loan development and investment facilities agreement with HSBC UK Bank plc.
  • Advised Santander on multiple loans worth £37.39m to DS Properties in respect of properties based in Derry, Northern Ireland and Doncaster, England.

TLT

The banking and finance group at TLT regularly assists financial institutions, banks, corporates and real estate companies on real estate finance matters, with a particular niche in social housing transactions, an area in which practice head Paul Crighton offers extensive experience. Paul Brock is increasingly active on structured finance mandates, alongside recent experience in private securitisations.

Praxisleiter:

Paul Crighton


Weitere Kernanwälte:

Paul Brock


Referenzen

‘Great team with all disciplines covered, led by strong partners who remain involved in the transaction throughout. Banking and property partners work together collaboratively to ensure an excellent service is provided.’

Kernmandanten

Newcastle Building Society


HSBC Bank UK plc


Harland PC Limited


Handelsbanken plc


NatWest


Santander UK plc


The Co-operative Bank p.l.c.


Allied London


Bank of Baroda


Landmark Group


Highlight-Mandate


  • Advised Evolution Money Group Limited on the amendment and extension of £290m private securitisation/future flow deal for a UK specialist lender.

Weightmans LLP

Leading Weightmans LLP‘s Liverpool-based banking and finance group is Patricia Grinyer, who is highly experienced in the establishment and operation of various fund types, financing, banking and security work. Like Grinyer, the broader team focuses on public sector finance and advice to fund managers, while also handling mainstream banking matters and consumer finance regulations. The team was bolstered in May 2024 with the addition of Deepak Purushothaman from Hill Dickinson LLP, who is active on both borrower and lender-side mandates, handling leveraged and structured finance. John Kemp is a key name in the department and handles acquisition financing, fund establishment, refinancing and restructuring.

Praxisleiter:

Patricia Grinyer


Weitere Kernanwälte:

John Kemp


Kernmandanten

Octopus Capital Limited


Lloyds Bank Plc


Coventry and Warwickshire Reinvestment Trust


SWIG Finance Limited


Maven Capital Partners


North West Business Finance Limited


West Midlands Combined Authority


DSL Fund Managers


Business Enterprise Fund


HSBC Bank


Browne Jacobson LLP

Browne Jacobson LLP’s practice has experience advising lenders and borrowers on various debt finance and PE-funded transactions. Graham Ball is a key part of the firm’s national banking and finance practice and is based in Manchester, advising clients on leveraged and acquisition finance, asset-based lending and real estate finance. Strengthening the team at associate level are healthcare finance specialist Beth Nixon, Angela Faulkner, who joined the team in March 2024 from Legal Clarity Limited and Thomas Donohoe, who joined the team in May 2024 from Eversheds Sutherland (International) LLP, both of whom bring expertise in real estate finance matters.

Weitere Kernanwälte:

Graham Ball; Beth Nixon; Angela Faulkner; Thomas Donohoe


Referenzen

‚Engagement, willingness to help, collaboration.‘

‚Graham Ball is a fantastic individual to work with.‘

‚Knowledgeable but friendly approach across the whole team, providing a top level of service every time we have worked with them. Always available for a call to answer any queries we may have. One of my go-to firms to work with for bank legal work.‘

Kernmandanten

HSBC UK Bank


Virgin Money/Clydesdale Bank


National Westminster Bank


Santander UK


RBS Invoice Finance


Lloyds Bank


OakNorth Bank


ThinCats


Growth Lending


Cynergy Bank


Eversheds Sutherland (International) LLP

Eversheds Sutherland (International) LLP frequently lends financing support on high value transactions for both public and private listed companies. The team’s further workload includes real estate finance, leveraged finance and corporate lending. Practice head Jason Wurzal advises corporate borrowers, financial institutions and sponsors on acquisition finance and loan facilities. Hannah McAdam is a further key name in the team and is adept at corporate banking, leveraged finance and real estate finance matters. Among the recent departures from the team were Thomas Donohoe and Rebecca Williams.

Praxisleiter:

Jason Wurzal


Weitere Kernanwälte:

Hannah McAdam; Matt Cosgrove


Referenzen

‘Jason Wurzal – strong level of partner involvement, inspires confidence in managing key commercial aspects and resolving outstanding issues.’

‘The team is very user-friendly and worked hard to meet demanding deadlines throughout the transaction. They are well connected with the rest of their firm, including internationally, and were able to seamlessly involve the relevant specialisms to get our deal done.’

‘Jason Wurzal is consistently commercial and pragmatic. He provides practical legal advice grounded in years of experience, which was hugely beneficial in closing a highly complex loan in a very tight timeframe.’

Kernmandanten

Next plc/Next Group plc


Revolution Beauty Group plc


Epwin Group plc


Lookers Limited


Reiss Limited


N Brown plc


Renold plc


Fintel plc


Andium Homes


Advanced Medical Solutions Group plc


Peel Media Limited


Cadogan Estates Limited


Topps Tiles plc


Seashell Trust


Howard de Walden Estates Limited


Barclays Bank PLC


HSBC UK Bank plc


The Royal Bank of Scotland plc


Santander UK plc


Perwyn Advoisots


Meininger limited


Flooid Limited


Lakeland Limited


Toorak Capital Partners (UK) Ltd


Liverpool Airport Limited


PCT Healthcare Limited


Bayford Limited


Petainer UK Holdings Limited


XL Media PLC


Cycle Pharmaceuticals


Jersey Water


Meralm Finco/Miss Group


P27/Lowe Rental Ltd


GSB Capital


Agilitas Bidco Limited


Explore Learning Limited


Toorak Capital Partners (UK) Limited


Highlight-Mandate


  • Supported Advanced Medical Solutions on the funding aspects of the acquisition of Peters Surgical, France for £121m.
  • Supported Uinsure on the funding aspects of the minority investment by LDC, including new club banking facilities.
  • Supported Miss Group on the funding aspect of their acquisition of Domeneshop A/S, Norway, including the refinancing of the group loan facilities.

Fieldfisher

The broad financial markets and products team at Fieldfisher has significant expertise in a range of finance work, namely derivatives, structured finance, real estate finance, restructuring and insolvency and regulatory advice. Key practitioners based in the North West are Charlotte Round, who is experienced in various financing transactions, which includes bilateral and syndicated loans and offshore finance transactions, and William Hollins, who is also active on these mandates.

Weitere Kernanwälte:

Charlotte Round; William Hollins


Referenzen

‚They have teams put together to accommodate any potential deal. They will draft in expertise from other teams as and when appropriate to ensure the case progresses with no drop in professionalism or commitment to completion. All members of staff are hard working, diligent and thorough.‘

‚Charlotte Round is especially hard working and is very accessible by any means of communication. Whatever the scenario, she is unflustered and maintains focus, regardless of any potential distractions or ’noise‘ from others.‘

Kernmandanten

Zorin Finance


Standard Chartered Bank


Cynergy Bank


Downing LLP


Shawbrook Bank


Optima Health plc


Marlowe plc


Gusbourne plc


Perch Capital Limited


Europe Arab Bank


Highlight-Mandate


  • Advised Perch Capital on an amendment and restatement of their existing facility with a syndicate of banks, including NatWest and Hampshire Trust Bank.
  • Acted for Cynergy Bank on its facilities to a large Leeds-based student accommodation provider, secured by a property portfolio of 110 sites.
  • Acted for Shawbrook Bank Limited on its facilities for the refinance of a large children’s services provider group operating multiple sites across the Midlands.

Gateley Legal

Gateley Legal has a strong track record advising PE houses, management teams and debt funders, UK clearing banks and other lenders on various debt structures, while also demonstrating strength in real estate and acquisition finance, aided by the close collaboration with the firm’s corporate and real estate practice groups. Practice head Richard Sealy covers structured, real estate, investment and secured finance as well as bond and surety-related financing. Christopher Lister and Rebecca Mills are further key contacts in the team.

Praxisleiter:

Richard Sealy


Weitere Kernanwälte:

Christopher Lister; Rebecca Mills


Referenzen

‚A brilliant team led by the excellent Rick Sealy. They are responsive, reliable and provide commercially focused advice.‘

‚Rick Sealy has considerable experience of dealing with lenders in the wealth management market, which is invaluable to us as a business.‘

‚Very proactive and client friendly.‘

Kernmandanten

Beechbrook Capital


Peninsula


HSBC UK Bank plc


Palatine Private Equity


LDC


BZ Commercial Finance


Santander


Leumi UK Group


The Co-operative Bank plc


The Alchemist Restaurant & Bar Limited


Kuit Steinart Levy LLP

The banking practice at Kuit Steinart Levy LLP is known for assisting notable banks, including Lloyds, RBS and NatWest, on debt finance transactions, acquisition finance and particularly real estate finance, which is practice head George MacMillan’s area of specialism. Further active real estate finance practitioners are Alison Kellett, Meave O’Neill and Samuel Jackson.

Praxisleiter:

George MacMillan


Weitere Kernanwälte:

Alison Kellett; Meave O’Neill; Samuel Jackson


Referenzen

‚Very strong banking and real estate teams led by acknowledged experts. Excellent collaboration between departments ensures the very best holistic advice on complex cases.‘

‚George MacMillan is an experienced problem-solver with depth and breadth of knowledge. George is considered a leading lawyer in Manchester. Meave O’Neill is friendly and approachable, and has years of experience on complex cases which results in excellent, commercial advice.‘

‚The team works exceptionally well together in order to get deals completed. If our key point of contact is away during a deal completion, we can be confident that one of their colleagues will know where it is up to in order to prevent any delays.‘

Kernmandanten

Lloyds Bank


Aldermore


RBS/NatWest


Mizrahi


Victoria Mutual Finance Limited


Handelsbanken


AIB


Cambridge & Counties Bank


Shawbrook


Close Brothers


Recognise


Oaknorth Asman Finance


HS Credit


Trowers & Hamlins LLP

Leading Trowers & Hamlins LLP's Manchester-based banking and finance group is Eleanor James, who is well versed in housing finance, particularly in the social housing sector, as is co-practice head Melanie Comer, who is additionally specialized in property securities. The team regularly handles property investment finance, development finance, bridging finance and senior and mezzanine finance as part of this. Joanne Judge provides support on lender-side mandates.

Praxisleiter:

Eleanor James; Melanie Comer


Weitere Kernanwälte:

Joanne Judge; Rishi Sarin


Referenzen

‚Very knowledgeable, responsive and easy to work with.‘

‚Ellie James is great.‘

‚They are a friendly law firm and doing business with them is a pleasure. The team are knowledgeable, proactive and responsive to enquiries.‘

Kernmandanten

Peabody Trust


Maslow A8 Designated Activity Company


Sovereign Network Group


Karbon Homes Limited


Tirion Group


Halton Housing


Accent Housing


Golden Lane Housing


Holroyd Homes


Mosscare St Vincents Housing Group


Adra Tai Cyfyngedig


Cartrefi Conwy Cyfyngedig


Highlight-Mandate


  • Advised Maslow in connection with an acquisition and development loan supporting the development of residential properties in Eccleshall.
  • Advised Sovereign Network Group on its first post-merger public bond issue of £400m of secured sustainability bonds.
  • Acting for the Peabody Trust on the establishment of its £1bn medium-term note programme.