LeBruin, a leading corporate finance and debt advisory provider, today announces that it has raised over €400m for clients in the 12 months since opening its London office.
Founded in 2008, LeBruin has a proven track record of raising funding for clients in the London market, having raised over €10bn between 2008 and 2015. In April 2015, LeBruin strengthened its presence in London with the opening of an office situated in the heart of the City’s funding community, and the hiring of Conor Larkin, a dedicated Business Development manager.
Over the last year, Conor has held meetings with over 130 local funders, and now has strong relationships with an extensive range of providers, offering a range of funding options including senior debt, mezzanine, bridge finance, development funding and equity.
Of the funding raised, 23% was raised for projects in Dublin, with a further 19% raised for projects in the rest of Ireland. LeBruin has also begun originating deal flow in the local UK market, with 56% of the funds raised relating to projects in London. In terms of sector breakdown, 34% of funding was raised for retail projects, 58% for residential and 8% for trading businesses.
Commenting on the anniversary of the London office, Tom Browne, Managing Director of LeBruin stated: “When we opened our London office in April 2015, we did so to strengthen and extend our relationships with the local funding community to offer our clients an even greater range of options. We are delighted to have achieved this over the last 12 months, and raising €400m demonstrates our ability to source funding for clients across a variety of sectors and locations. In particular, it is pleasing that we are now starting to originate deal flow in the UK, complementing our fundraising activity for Irish clients. We look forward to continuing to grow our presence in the London market for the benefit of our clients in Ireland and the UK.”
LeBruin is a leading Corporate Finance and Debt Advisory firm based in Dublin, Ireland. With offices in Dublin and London, LeBruin has a track record in delivering for clients in the areas of Funding, Debt Management and Debt Restructuring.
Independent and working only for its clients, LeBruin specialises in matching clients with new sources of funding, delivering effective solutions in the form of senior debt and equity finance across a range of business sectors. LeBruin has strong relationships with both traditional and non-traditional lenders in Ireland, the UK and USA. LeBruin also works with a number of equity funds who have a keen appetite to invest in projects, enabling us to meet our clients’ refinancing needs.
In addition, LeBruin facilitates debt restructuring agreements with NAMA, the banks and other creditors. In total, LeBruin has restructured over €6.5 billion of debt and has raised over €10 billion in new debt and equity for its clients since inception.