Kreston Reeves and Brachers win KCFA ‘Deal of the Year’

Published by Andrew Pincott on 21 November 2019

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Kreston Reeves and Brachers have won the Kent Corporate Finance Alliance (KCFA) ‘Deal of the Year’ for their fundraising and acquisition work with Drink Warehouse UK.

Kreston Reeves advised Drink Warehouse UK Limited (“Drink Warehouse”) on its equity investment from Percipient Capital, debt refinancing, Kent County Council loan and two acquisitions. Our team was led by Corporate Finance Partner, Jack Clipsham and Relationship Partner, Scott Miles who worked closely with Matt Simmonds of Brachers LLP to complete the transactions.

Jack Clipsham, Corporate Finance Partner at Kreston Reeves, comments, “I’m delighted that our teams’ work has been recognised at the KCFA awards again. It was a great pleasure to help Drink Warehouse UK with their fundraising and acquisitions. With the professional efficiency of both sets of lawyers, the transactions were completed swiftly and with the minimum of disruption to the business”.

Mick Curtis, Managing Director, Drink Warehouse on commenting on the deal, “We would like to thank our advisers Kreston Reeves and Brachers, for introducing us to Percipient Capital and guiding us through the process. Demis and I started with an ambition to supply the ‘ontrade’ with service levels and a range that couldn’t be matched. We started the business with the strapline ‘A Fresh Approach to Drink Wholesale’ and have built a trusted brand in Kent”.

To read the full case study on the deal, please click here.

The awards took place at Macknade in Faversham, Kent on 20 November 2019.

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