Insight

Beever and Struthers advise Robinwood Activity Centres on refinancing of debt facilities

Accountants and business advisors Beever and Struthers have advised Robinwood, which operates education and activity centres for children in the North of England and Wales, on the successful refinancing of its debt facilities provided by Barclays.

Headquartered at Dobroyd Castle, Todmorden, Lancashire with centres there and at Alston, Cumbria and Wrexham, north Wales, Robinwood provides a range of residential activity and teamwork courses for primary school groups from age 7 to 11.

Children can climb and canoe, zoom down a zipwire and escape from the piranha pool – all at the same site.  Activity sessions are tailored for different year groups, all studying key stage 2.

Martin Vasey and Ian Goldsack of Robinwood said: “The advice and insight provided by the team at Beever and Struthers was invaluable as they supported us throughout all stages of the transition process.”

The Beever and Struthers’ team led by corporate Finance Director Dean Curtis advised on the refinance, with support from corporate Finance Manager Patrick Wilson.

Dean said:

“Supporting Robinwood, a longstanding client of Beever and Struthers, on this important refinancing provides a new funding structure to enable the business to grow from strength-to-strength."

Legal advice for Robinwood was provided by Bromleys LLP, Barclays was advised by TLT LLP.

Read the full article here: https://bit.ly/48owv0R

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