ADP is one of the leading NHS dental corporates with over 120 practices. It has been the leader in consolidating NHS focussed practices for the past 3 years and is now ideally placed to continue pursuing this strategy

JCF was appointed as adviser to the Company and its majority management shareholder in October 2008 following the collapse of Kaupthing Capital Partners and worked closely with the Company on business planning and strategy; banking negotiations and subsequent support on the sale to Palamon Capital Partners

Bharat Patel CEO of ADP commented: 

 “I was introduced to JCF as an independent, hands-on advisory house with a reputation for working closely with management teams.  They assisted us with our business planning to find solutions to challenges in the current economic climate”.

Stuart Coventry, Partner at Jamieson Corporate Finance commented:

“This deal comes after 12 solid months of hard work by everyone – but its all been worthwhile with ADP now able to take the lead in consolidating what remains a highly fragmented market,”

The Board of AIM quoted Develica Deutschland Ltd (“Develica”) engaged the services of Jamieson during the summer of 2008, initially to advise the Board on strategic options for the Company but more recently to advise and assist the Board and the Fund Manager in the discussions which have been initiated with the Company's senior debt providers.

As of 30 September 2008, Develica had gross assets of Eur1.1bn and borrowings of Eur845m as stated in the Company’s half-yearly report.

Jamieson has advised Maidstone Road Holdings Ltd, a Newco created by the incumbent management team of Icon Display Ltd (“Icon” or the “Company”) on its acquisition of 100% of the share capital of the Company.

John Francis, who has been the Managing Director of Icon for over ten years led the existing management team of Keith Goodwin, Andrew Hodson and Sally-Ann Vine, and will see the team strengthened under the new ownership structure with the addition of incoming finance director Dave Weller.

Icon is one of Europe’s leading providers of signage and branding solutions, from original design, through in-house production to on-site installation and project management. The Company services four key sectors: Exhibitions, Corporate, Commercial Property and Events. Particular success with large sports events such as the UEFA Champions League, Wimbledon and the London Olympic bid has seen the business grow strongly.  This focus, along with further expansion of the Company’s international operations will be core to management’s ongoing strategy.

The MBO has been funded by the management team, along with a consortium of private investors and debt from RBS Structured Debt Solutions.

Jamieson Corporate Finance is pleased to announce its role advising RBS Equity Finance (“RBSEF”) on its investment in Pegasus Retirement Homes plc. RBSEF have backed the existing management team of Pegasus to acquire the business from the Rowlandson Organisation.

The management team, led by Chief Executive Peter Askew have been able to take a majority stake in the business going forward under the deal with RBSEF.

Pegasus is one of the UK’s leading developers of purpose built retirement properties exclusively for the active retired. Since its first development in Cheltenham in 1984, the company has built in over 53 locations, providing in excess of 1200 homes and earning numerous industry and architectural awards for its developments.

Ian Jamieson, head of Jamieson Corporate Finance added: “RBS successfully used their unique funding structure and sector knowledge to succeed in a highly competitive auction process. With a strong land bank in place and the favourable demographic drivers of the retirement homes market, Pegasus represents an extremely compelling investment.”

Jamieson Corporate Finance has successfully aided Matrix Private Equity Partners (“Matrix”) and the incumbent management team of British International Limited (“BIL”) on the £20m secondary buyout of the business.

BIL was formed in 2000 and is one of the UK’s leading suppliers of helicopter services, operating the UK’s only scheduled service by helicopter, with flights between Penzance, Cornwall and the Scilly Isles.

BIL is one of the UK’s leading suppliers of helicopter services and has a number of important public service contracts. It operates the UK’s only scheduled service by helicopter, with flights between Penzance, Cornwall and the Scilly Isles. The service carries 130,000 passengers a year with up to 26 flights a day during peak season. BIL has long-standing relationships with the Ministry of Defence; providing helicopter support to the Falkland Island garrison and Flag Officer Sea Training and Joint Maritime Courses in Plymouth and the off the west coast of Scotland. Other important services include the provision of an Air Support Unit to the joint police forces of South Wales and Gwent, and to QinetiQ for the retrieval of targets used in training RAF pilots off the coast of West Wales, and supporting Shell off the Donegal coast.

The group has undisclosed profits on annual revenue of £19 million; it operates from five UK locations at Penzance, Plymouth, Cardiff, Bournemouth and Sherborne and the Falkland Islands, and employs 160 staff.

The MBO team is led by David Hayler, Managing Director, Peter Sorby, Finance Director and Tony Jones, Operations Director.

Jonathan Gregory of Matrix led a syndicate comprising Finance Cornwall and Chrysalis VCT that has invested £5 million of equity, with senior debt and asset finance being provided by Bank of Scotland Corporate.

Commenting on the transaction, Ian Jamieson CEO of Jamieson Corporate Finance said: “We are very pleased to have been able to help the management team continue their involvement in the long term success of BIL.

“Finding the right partner in a Secondary transaction is critical and the enthusiasm of the management team for working with the Matrix-led syndicate leaves BIL well positioned to build on its core contracts and seek additional opportunities in the offshore oil industry.”