News

Keysource, a specialist in data centres and critical environments, has successfully completed a management buyout (MBO), led by Stephen Whatling. The transaction was backed by Tosca Debt Capital (TDC) and Shawbrook Bank, who provided equity finance and debt funding respectively. Terms of the deal are undisclosed. Based in Gatwick, Keysource has been a specialist in...

Gaming quality assurance and testing firm Testronic, part of the Catalis Group, has acquired Whyttest, a games QA and customer support business headquartered in Romania – a move set to increase headcount by 15 per cent. Testronic provides services to the global games publishing and film and TV markets, including Quality Assurance, Localisation, Compliance and...

The boss of construction company The Morrisroe Group has acquired a majority stake in Watford-based demolition specialist CANTILLON. The move by Brian Morrisroe is expected to broaden the portfolio of the Hertfordshire-headquartered group. Brian said: “I am delighted that The Morrisroe Group has acquired a majority shareholding in CANTILLON, a highly respected market leader in...

Veezu has today announced an exciting new finance facility with Santander and Tosca Debt Capital to enable it to further grow its positioning as the UK’s largest multi-region private hire taxi company. The arrangement will fully refinance Veezu’s capital structure to enable it to bolster its market-leading positioning. Veezu, which was founded in 2013, operated...

British Business Investments, a commercial subsidiary of the British Business Bank, has announced a commitment of £50m to Tosca Debt Capital’s (TDC) third fund (‘Fund III’) at first close, with the fund targeting a final close of £300m later this year. As with TDC’s previous two funds, Fund III will continue to focus on funding...

Tosca Debt Capital (“TDC”) has provided a First Lien facility to support the acquisition of the remaining equity of Once Upon A Time (“OUAT”) by its Management Team from its private equity investor, Calculus Capital, and to provide funding for their ambitious growth and acquisition strategy. OUAT is a London-based marketing agency that delivers a...