Acquisition
Private equity
Rapid Repair Network
The Holkham Estate
Founded in 2018 and headquartered in Southampton, Rapid Repair Network has developed a strong market position and now delivers more than 10,000 same- day repairs annually to leading insurers, accident management companies and fleets. It has built an extensive supplier network, which means it is able to service the whole of the UK Our Corporate Finance team led by Partner Ryan Symonds advised Rapid Repair Network on its long term growth strategy and search for investment. The team ran a competitive process to source the right investment partner, and then negotiated and managed the process through to completion. Our team provided hands-on project management and expert advice which helped bring about a desired outcome for all stakeholders. Adviser to leading provider of same- day accident repair firm Rapid Repair Network on its long term growth plans and investment from private equity firm, Chiltern Capital.
With a history dating back to the 17th century, Holkham is a highly diversified rural estate on the North Norfolk coast which has successfully embraced visitor, tourism and leisure activities alongside farming and conservation. The business portfolio includes Pinewoods, a holiday park in Wells-next-to-the-Sea. Holkham has added six caravan parks along the North Norfolk coast to its portfolio and the caravan distribution and sales businesses trading as McDonnell Caravans. Our Corporate Finance team led by James Cooper was appointed by Holkham as buy-side advisers and helped manage all aspects of the deal. Our team supported Holkham with preparing its offer and negotiating terms, with our Financial Advisory team then supporting with the financial modelling, valuation and financial due diligence. The deal will allow Holkham to expand its holiday park offering in response to growing demand whilst ensuring its sites remain a must-visit place for holidaymakers in Norfolk. Lead Corporate Finance adviser to The Holkham Estate on its acquisition of six caravan parks.
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The support and guidance provided by the team at FRP Corporate Finance was second to none. Rob Hawes Rapid Repair Network
I am delighted we can now expand Holkham’s caravan park business through this exciting acquisition. The Earl of Leicester Holkham
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