Shawbrook Bank Plc (Shawbrook) has supported RSBP Group Limited (RSBP), a market leader in B2B washroom manufacturing, completing a £20 million debt package to support the next phase of its development.
This will assist RSBP’s key subsidiaries: Venesta Washrooms Systems, TBS Amwell, Bushboard Limited, The Sanitaryware Company and Venesta Middle East, which provide a comprehensive range of specified commercial building products.
RSBP has a 100+ year heritage in the UK and the RSBP Group has provided washrooms in prominent locations across the world, such as, the ICON Outlet at the 02, the Museum of Modern Art New York and Burj Kalifa Dubai.
Crowe provided specialist financial and tax due diligence and transaction support services to Shawbrook, with Andy Kay and Chasz Coulsting leading the Corporate Finance team.
"Crowe provided thorough and thoughtful financial due diligence on this exciting deal. I was pleased with the excellent services provided by Chasz Coulsting and the Crowe team, particularly the proactive and pragmatic approach taken, as well as the valuable advice provided throughout the process. We’re proud to be able to support RSBP Group in the next phase of its growth journey and look forward to seeing what they are able to achieve."
Amy Beasley, Director Corporate Lending, Shawbrook