Triple Point | No.3 in the Top 10 list of UK debt providers in MarketIQ M&A Review (Q1 2022)
13 January 22
13 January 22
Triple Point's Direct Lending Team is delighted to announce it has agreed new debt facilities with Jet Environmental Systems Ltd (“Jet”). Jet has established itself as a market-leading supplier of HVAC (heating, ventilation, and air-conditioning) systems and supports many of the UK’s most recognisable businesses today. The funding package comprises of term debt to assist with the share restructure and working capital of the business, enabling Jet to enter an exciting new chapter and continue on its growth path.
Dominic Reason, Relationship Director in Triple Point’s Direct Lending Team, commented: “We are delighted to have supported Jet with a finance package that enabled the share restructure and provided management with some additional working capital comfort. It was evident from our first meeting that Jason, having been in-situ as Managing Director for almost a decade, had a strong understanding of the industry and the opportunities available to the business especially given the ever-increasing demand for warehousing in the UK. We are pleased to welcome the Jet Group to Triple Point’s growing portfolio of UK SME's”.
Triple Point remains committed to supporting business owners achieve their strategic objectives. As a relationship-based organisation, we understand the importance of having an open dialogue and being responsive to Borrowers.
For more information on Triple Point’s Direct Lending team visit - https://lnkd.in/dYh_psF
Find out more about Jet - https://lnkd.in/dKmZQX9c
Triple Point is the trading name for the Triple Point Group. While Triple Point includes entities which are authorised and regulated by the Financial Conduct Authority, our SME lending activities are not regulated activities in their own right.