(The following press release from Investec Specialist Bank was received by
e-mail. It was not confirmed by the sender.)
10 July 2013
Investec continues expansion of Growth & Acquisition Finance team with
Investec Specialist Bank ("Investec") today announces the further expansion of
its Growth & Acquisition Finance team, with the appointment of Paul Rablen. In
his new role, Paul will focus on deal origination and execution, working
directly with mid-market businesses to help support their growth through
innovative and flexible Integrated Debt/Asset Based Lending (ABL) financing
Paul joins Investec from Lloyds Banking Group plc ("Lloyds"), where he has
worked since 2004. From 2009, Paul was a member of the Acquisition Finance
Unit, most recently as an Associate Director in the originations team, where he
was responsible for the provision of leveraged bank debt for private equity
backed transactions in the UK mid-market and carried out new deal sourcing,
sponsor coverage and execution. Prior to this, he worked in a variety of roles
within Lloyds, including the Corporate Bank Mid Markets team, Retail Banking
Product Management and Operations.
Paul's appointment brings further strength and depth in delivering Integrated
Debt/ABL structures. Recently completed Integrated Debt/ABL deals include a
£110 million facility to Paragon Print & Packaging Group and a £20 million
facility to support the management buyout of B.M.Polyco Ltd.
Gary Edwards, Investec Growth & Acquisition Finance, said: "We are delighted to
welcome Paul to Investec. Our Integrated Debt/ABL offering provides revolving
debt to fund the working capital needs that come from growth in addition to
amortising cash flow term loans to support acquisitions and investment.
Innovation in debt structures is vital to fund ambitious mid-market companies
and support shareholders in their wealth creation or wealth realisation
stories. Paul's knowledge and experience in origination will make an important
and valuable contribution to our continued and successful growth."
Paul Rablen said: "I am delighted to be joining what is a strong, highly
regarded and growing team at Investec. The approach is genuinely innovative and
nimble with a real focus on solutions - getting close to management to really
understand the business and shaping the approach accordingly. I very much look
forward to contributing to the team in supporting market leading private equity
firms and driven management teams alike."
- Ends -
For further information please contact:
Investec Specialist Bank
020 7597 5187
Jason Nisse/Andrew Jones
020 7680 6550
NOTES TO EDITORS:
Investec Growth & Acquisition Finance
Investec Growth & Acquisition Finance is part of Investec Specialist Bank. It
works with entrepreneurs, management teams and private equity houses to provide
finance to UK mid-market companies. Their flexible solutions cover the entire
capital structure offering revolving and amortising senior cash flow lending,
mezzanine finance and minority equity on either a standalone or integrated
basis. They are a single, empowered and responsive team focussed on making
deals happen and building strong relationships with clients.
Investec Specialist Bank
Investec is a specialist bank that provides a diverse range of financial
products and services to a niche client base in three principal markets: the
United Kingdom, South Africa and Australia, as well as certain other countries.
This press release is issued on behalf of Investec Bank plc. Registered
address: 2 Gresham Street, London, EC2V 7QP. (Reg No. 489604). Investec
Specialist Bank is a brand name of Investec Bank plc, which is a member of the
London Stock Exchange.
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