Restructuring advisory to Wilkinson Eyre Architects

Wilkinson Eyre Architects logo

PEMCF acted as advisors to the majority shareholders, Chris Wilkinson and Jim Eyre, on a restructuring transaction that will ensure continuity and management succession at WEA. The deal was supported with senior debt funding from HSBC Corporate in Cambridge and equity finance from WEA management team.

Company background

Wilkinson Eyre Architects is one of the UK's leading architectural practices and employs over 100 staff at its office in Central London. The practice has won over 100 design awards and is the only practice to have received the prestigious RIBA Stirling prize two years in a row for Magna in Rotherham in 2001 and the Gateshead Millennium Bridge in 2002.

What was special

This deal was completed in 3 months including a full bank finance raising.  Despite the short timescale a creative and flexible structure was put in place to meet the requirements of all parties.

Deal structure

Chris and Jim have significantly reduced their holdings in the company to more evenly distribute ownership among the existing team of directors. Other members of the management team include: Paul Baker, Dominic Bettison, Keith Brownlie, Stafford Critchlow, and Oliver Tyler.

 

Read the press release

Deals

  • Cambridge Publishers Ltd
  • Molecular Dimensions Tony Savill
  • Nitritex Limited
  • Sale of Pope Woodhead & Associates
  • George Lister logo
  • Element Energy logo
  • Alacer Software logo
  • 42 Technology
  • dB Broadcast logo
  • Kloeber Ltd logo