Thames Valley accountants and business advisors James Cowper has advised global engineering consultancy Roughton Group on a restructuring and refinancing.
James Cowper has advised Roughton Group shareholders since 2011 to deliver an exit for two retiring shareholder directors. The advice has included a refinancing of the group with its bank and a restructuring of the equity.
Roughton Group is a multidisciplinary engineering consultancy based in Southampton delivering projects in Africa, Asia, Europe, UK, Latin America, the Caribbean, Mekong and the South Pacific with a particular specialism in advising on transport and infrastructure projects
Bernard Obika, chief executive, Roughton Group, says: “It is great to finally complete this transaction and we would like to thank Stewart and his team at James Cowper for all their efforts and for coming up with a creative deal structure. This now leaves us well placed to drive and further develop and grow the business in the coming years.”
Stewart Lambert (pictured), a partner in James Cowper’s corporate finance team, says: “I am very pleased that we were able to devise a transaction structure that allowed two of the shareholders to realise value. The restructured equity will see the remaining management incentivised to grow the business.”
James Cowper’s corporate finance team has this year so far advised on 17 separate corporate finance transactions with a combined value exceeding GBP100m.
