Beechfield Brands Limited is a leading supplier of unbranded headwear, bags and accessories to distributors of leisurewear throughout the UK and European markets. The company is based in Bury, Lancashire and also has an office in China.

The vendor and sole shareholder of the company had become removed from the day-to-day running of the business and wanted to focus on other business interests. This presented the Managing Director with the opportunity to acquire the company.

Rickitt Mitchell advised the Managing Director through the £4m acquisition process, constructing a leveraged financing structure in order to fund the transaction.

The financing structure included equity, debt and asset based funding, provided by Bank of Scotland.