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Click on the links below to read a selection of recent Leumi ABL media coverage

Leumi ABL deal sheet - Polestar Foods
December 2009

Yorkshire Post supplement 'A Decade On' - Funding successful business growth in good times and bad
December 2009

M&A - End of Year Review
December 2009

Thames Valley Business Magazine - Fuelling growth
November 2009

JLife Magazine double page spread - Fuelling business growth
November 2009

ACQ Finance - Interview with Phil Woodward, 'Standing Strong'
November 2009

M&A - Interview with Phil Woodward, 'Lessons from the credit crunch'
November 2009

Midlands Business Insider - 'Fuelling business growth'
November 2009

Business Money - Leumi ABL enters factoring market with launch of Leumi Invoice Finance brand
October 2009

ACQ Finance - UK Review, commentary from Phil Woodward
September 2009

Birmingham Post - Leumi ABL: reacting quickly to provide business certainty
September 2009

New deal sheet - Wow! Stuff
September 2009

Yorkshire Dealmakers awards - Leumi ABL entry
September 2009

ABFA Deal Sheet - Leumi ABL backs further acquisition deal by Wyndeham owner, Walstead Investments - Southernprint
August 2009

ABFA Deal Sheet - Leumi ABL shapes deal success for niche manufacturing businesses, Aluminium Shapes & Windmill Extrusions
August 2009

Midlands Dealmakers Guide - Introductory commentary from Jason Holland
August 2009

ACQ Finance Award Supplement - Leumi ABL wins 'Asset Based Lender of the Year - UK
August 2009

FMCG News - Leumi ABL supports growing businesses
August 2009

ACQ Finance - Leumi ABL wins 'Asset Based Lender of the Year-UK 2009' award
July 2009

ABFA Deal Sheet - Contech Operating UK Limited
July 2009

FMCG News - Leumi ABL feeds growth of Aquila Processing
July 2009

M&A article, Playing it safe
June 2009

Midlands Business Insider magazine, A vibrant force in the Midlands deal-making community
June 2009

FMCG News, Aquila Processing
June 2009

Leumi ABL – defying the crunch and ready to help businesses thrive
Birmingham Post ABL supplement, 20 May

Leumi ABL, busy doing deals
Yorkshire Business Insider, May 2009

ABFA Deal Sheet
Aquila Processing Limited

Trimite/Weilburger Coatings deal
Corporate International, May 2009

ABL supplement
ACQ Finance, April 2009

Yorkshire Business Review
Yorkshire Post, 23 April 2009

ABL for turnaround situations
M&A, April 2009

Walstead Investments acquisition of Wyndeham Press Group
March 2009

Further expansion at Leumi ABL
Business Money, Who’s Moving section – March 2009

Leumi ABL completes deal with Walstead Investments to return Wyndeham Press Group to British ownership
February 2009

ABL feature
ACQ Finance, February 2009

ABFA Deal Sheet
Burwood Fasteners Ltd, January 2009

Wyndeham Press Group deal
Corporate UK, January 2009

Leading Advisers' Review of 2008
ACQ Finance, January 2009


For all media enquiries, please contact Phil Woodward – pwoodward@leumiabl.co.uk
Click on the links below to read a selection of recent Leumi ABL media coverage

Leumi ABL deal sheet - Polestar Foods
December 2009

Yorkshire Post supplement 'A Decade On' - Funding successful business growth in good times and bad
December 2009

M&A - End of Year Review
December 2009

Thames Valley Business Magazine - Fuelling growth
November 2009

JLife Magazine double page spread - Fuelling business growth
November 2009

ACQ Finance - Interview with Phil Woodward, 'Standing Strong'
November 2009

M&A - Interview with Phil Woodward, 'Lessons from the credit crunch'
November 2009

Midlands Business Insider - 'Fuelling business growth'
November 2009

Business Money - Leumi ABL enters factoring market with launch of Leumi Invoice Finance brand
October 2009

ACQ Finance - UK Review, commentary from Phil Woodward
September 2009

Birmingham Post - Leumi ABL: reacting quickly to provide business certainty
September 2009

New deal sheet - Wow! Stuff
September 2009

Yorkshire Dealmakers awards - Leumi ABL entry
September 2009

ABFA Deal Sheet - Leumi ABL backs further acquisition deal by Wyndeham owner, Walstead Investments - Southernprint
August 2009

ABFA Deal Sheet - Leumi ABL shapes deal success for niche manufacturing businesses, Aluminium Shapes & Windmill Extrusions
August 2009

Midlands Dealmakers Guide - Introductory commentary from Jason Holland
August 2009

ACQ Finance Award Supplement - Leumi ABL wins 'Asset Based Lender of the Year - UK
August 2009

FMCG News - Leumi ABL supports growing businesses
August 2009

ACQ Finance - Leumi ABL wins 'Asset Based Lender of the Year-UK 2009' award
July 2009

ABFA Deal Sheet - Contech Operating UK Limited
July 2009

FMCG News - Leumi ABL feeds growth of Aquila Processing
July 2009

M&A article, Playing it safe
June 2009

Midlands Business Insider magazine, A vibrant force in the Midlands deal-making community
June 2009

FMCG News, Aquila Processing
June 2009

Leumi ABL – defying the crunch and ready to help businesses thrive
Birmingham Post ABL supplement, 20 May

Leumi ABL, busy doing deals
Yorkshire Business Insider, May 2009

ABFA Deal Sheet
Aquila Processing Limited

Trimite/Weilburger Coatings deal
Corporate International, May 2009

ABL supplement
ACQ Finance, April 2009

Yorkshire Business Review
Yorkshire Post, 23 April 2009

ABL for turnaround situations
M&A, April 2009

Walstead Investments acquisition of Wyndeham Press Group
March 2009

Further expansion at Leumi ABL
Business Money, Who’s Moving section – March 2009

Leumi ABL completes deal with Walstead Investments to return Wyndeham Press Group to British ownership
February 2009

ABL feature
ACQ Finance, February 2009

ABFA Deal Sheet
Burwood Fasteners Ltd, January 2009

Wyndeham Press Group deal
Corporate UK, January 2009

Leading Advisers' Review of 2008
ACQ Finance, January 2009


For all media enquiries, please contact Phil Woodward – pwoodward@leumiabl.co.uk
Leumi ABL deal sheet - Polestar Foods
December 09

Click for PDF


Yorkshire Post supplement 'A Decade On' - Funding successful business growth in good times and bad
December 09

Click for PDF


M&A - End of Year Review
December 09

On the up
Leumi ABL managing director Phil Woodward reflects on the business environment during the past 12 months

Click for PDF


Thames Valley Business Magazine - Fuelling growth
November 09

Click for PDF


JLife Magazine double page spread - Fuelling business growth
November 09

Click for PDF


ACQ Finance - Interview with Phil Woodward, 'Standing Strong'
November 09

Click for PDF


M&A - Interview with Phil Woodward, 'Lessons from the credit crunch'
November 09

Click to enlarge


Midlands Business Insider - 'Fuelling business growth'
November 09

Click to enlarge


Business Money - Leumi ABL enters factoring market with launch of Leumi Invoice Finance brand
October 09

Leumi ABL enters factoring market with launch of Leumi Invoice Finance brand

Leumi ABL Limited, the asset based lending subsidiary of Bank Leumi (UK) plc, is set to enter the factoring market with the launch of its new brand, Leumi Invoice Finance.

The new invoice finance division follows Leumi ABL’s purchase of the Charterhouse Commercial Finance client book. Thirty clients from Haywards Heath-based Charterhouse will be transferred, with twenty-eight of them going into the newly created Leumi Invoice Finance brand and two joining Leumi ABL. With a further twenty-seven existing Leumi ABL clients transferring into Leumi Invoice Finance, the new division will start with a portfolio of fifty-five clients.

Leumi Invoice Finance will supplement the current product range by offering invoice finance facilities to new start and growing businesses with a funding requirement of up to £750k. Clients will be managed from the Brighton office of Leumi ABL with the creation of a new client management team.

Phil Woodward, Managing Director of Leumi ABL, considers this to be perfect timing to extend their market: “Since launching Leumi ABL three years ago, we’ve focused on building a strong reputation in the mid tier deal making arena. Starting with the Charterhouse client book, we now have an outstanding opportunity to extend our offering to assist the growth of smaller and new start businesses, whilst applying the same values based on flexibility, speedy decision making and a personal approach for which we are known. By launching Leumi Invoice Finance as a separate brand we can present a very clear offering to the market, knowing that our full asset based lending capability can then support clients as their business needs evolve.”

Paul Hird, CEO of Leumi ABL, adds: “This is an exciting development for the entire team and builds on our very successful growth to date. We very much look forward to welcoming the Charterhouse clients and staff member who will be joining us and who is now working to manage the transfer process for existing clients as smoothly and quickly as possible. We also look forward to seeking new opportunities, particularly in the recruitment market, and to working closely with the Charterhouse back office services company called Pay Dynamics, who provide tailored services including payroll and PAYE administration.”

Commenting on the transfer of the factoring book, Sandra Robertson, CEO of Charterhouse, says: “We have found a strong business partner who will provide the strength and consistency of service to the Charterhouse clients on their transfer across to Leumi. We are looking forward to working closely with Leumi ABL and that will enable us to focus on our core strength of payroll and administration solutions servicing the recruitment industry.”

For further information please contact
Phil Woodward, MD
Tel: 01273 716200
pwoodward@leumiabl.co.uk
www.leumiif.co.uk


ACQ Finance - UK Review, commentary from Phil Woodward
September 09

UK Review 2009

M&A deals held firm in Q2 2009, despite only 257 transactions taking place during the period – a 66% fall compared to a year earlier. Total deal value was £21.1bn, a 61% fall. The UK mid-market has also proved to be relatively resilient with deals valued under £250m making up 25% of the total transaction valuations for the period in the first half of the year – which was the largest proportion attributable to the mid-cap space over the past three years. ACQ’s Charlotte Abbot talks to the experts about the UK region

Phil Woodward is Managing Director at Leumi ABL.

“Leumi ABL operates across a variety of sectors to improve the working capital of our clients with a full range of asset based lending products. In conjunction with our parent, Bank Leumi (UK) plc, we can include trade finance, property finance and commercial banking facilities along with our core range of invoice discounting, stock finance and plant & machinery finance services. Our flexible approach and ability to structure multi-facility deals can often result in higher levels of funding for our clients.

“Our approach is based on spending time to truly understand the client’s business and build a solid understanding that shapes a successful ongoing business relationship. Clients and introducers alike tell us that our focus on short decision lines and continued senior involvement at all stages of the relationship can offer a refreshing alternative to some attitudes in larger and more traditional institutions.”

“Despite the severe economic downturn, 2008 was a very busy year for Leumi ABL with record levels of transactions. The team has continued to be active throughout 2009 with a number of interesting transactions and refinancing deals.

“December 2008 saw Leumi ABL back Walstead Investments with its acquisition of Wyndeham Press Group from Icelandic shareholders; Leumi ABL provided a £19.6m facility consisting of confidential invoice discounting and plant and machinery finance. In 2009 this acquisition was followed by the acquisition of Southernprint, which creates a combined group of £110M turnover.

“Over the last 12 months, we have increasingly seen a trend for larger, more multi-facility deals, as clients seek to maximise the funding available to them. As credit lines continue to be squeezed for many businesses, alternative forms of financing are coming more under the spotlight. Leumi ABL’s flexible approach and full asset based lending capability continue to provide innovative funding solutions to growing businesses, despite these tough times.

“Now that many economic indicators are suggesting that global economies are starting to exit recession, it may appear to some that the worst could be over. Yet confidence in terms of order books and the future outlook remains firmly in short supply. Liquidity continues to be a major concern for many businesses and the remaining months of 2009 and the first half of 2010 will undoubtedly present testing times to many businesses.”

Contact:

Phil Woodward
pwoodward@leumiabl.co.uk"
+44 (0)1273 716200
+44 (0)7900 802774
www.leumiabl.co.uk


Birmingham Post - Leumi ABL: reacting quickly to provide business certainty
September 09

Click to enlarge



New deal sheet - Wow! Stuff
September 09


Click to enlarge

Yorkshire Dealmakers awards - Leumi ABL entry
September 09



ABFA Deal Sheet - Leumi ABL backs further acquisition deal by Wyndeham owner, Walstead Investments - Southernprint
August 09



ABFA Deal Sheet - Leumi ABL shapes deal success for niche manufacturing businesses, Aluminium Shapes & Windmill Extrusions
August 09



Midlands Dealmakers Guide - Introductory commentary from Jason Holland
August 09



ACQ Finance Award Supplement - Leumi ABL wins 'Asset Based Lender of the Year - UK
August 09



FMCG News - Leumi ABL supports growing businesses
August 09

At a time when many banks and other financial institutions are finding it difficult to lend, Leumi ABL’s positive and flexible approach is resulting in some innovative deal successes. As many businesses increasingly seek flexible and accessible funding, the demand for asset based lending has grown over more traditional forms of financing.

Leumi ABL is well placed to support growing businesses. Invoice finance can be combined with stock lending and plant & machinery finance. In addition, funding can be increased through the facilities of Bank Leumi (UK) plc, who provide trade finance, property finance and a commercial banking offering. This means that, in many cases, Leumi ABL can offer their clients higher levels of funding than other finance providers. Most deals have a funding requirement of £1m to £10m, but for the right type of deal up to £25m is available.

Phil Woodward, MD at Leumi ABL, believes they can build on their record growth in 2008: “We spend time to truly understand the client’s business and get to know the senior management team. In this way, we are able to take a long term, holistic view of the financing opportunity to release as much liquidity as possible.”

Call 01273 716200 or visit www.leumiabl.co.uk

ACQ Finance - Leumi ABL wins 'Asset Based Lender of the Year-UK 2009' award
July 09

Leumi ABL has affirmed its role as one of the most respected UK asset based lenders by winning the title of ‘Asset Based Lender of the Year - UK’ in ACQ Finance magazine’s Country Awards for Achievement 2009.

The accolade is the result of a totally independent poll amongst industry peers and acknowledges the success story of a relatively new brand to the ABL market. Part of Bank Leumi (UK) plc, Leumi ABL’s flexible and highly personal approach together with its full ABL product capability including stock and trade finance, have created a winning combination since the business launched in 2006. Country Awards for Achievement 2009.

Phil Woodward, Managing Director of Leumi ABL, comments: “Winning this award is a huge honour. The commercial finance marketplace tends to be dominated by big, established names and we are delighted to see that the advisers and introducers with whom we work truly value the approach we take to structuring deals for their clients. Not only does this award demonstrate the support we have across the industry, but also the phenomenal achievements of our experienced team as they continue to build the client base and reputation of Leumi ABL.”

Paul Hird, CEO of Leumi ABL adds: “Knowing we have won the trust of our introducers, especially at a time when the economy presents such tough challenges for clients and funders alike, gives us great encouragement and we look forward to forging new relationships as the business continues to develop.”

ABFA Deal Sheet - Contech Operating UK Limited
July 09



FMCG News - Leumi ABL feeds growth of Aquila Processing
July 09



M&A article, Playing it safe
June 09



Midlands Business Insider magazine, A vibrant force in the Midlands deal-making community
June 09



FMCG News, Aquila Processing
June 09



Leumi ABL – defying the crunch and ready to help businesses thrive
Birmingham Post ABL supplement, 20 May



Leumi ABL, busy doing deals
Yorkshire Business Insider, May 2009



ABFA Deal Sheet
Aquila Processing Limited



Weilburger Coatings acquires Trimite
Corporate International, May 2009

Weilburger Coatings UK, part of the major European industrial paint company Grebe Group, has acquired Trimite, an Uxbridge-based manufacturer and wholesaler of coatings and paints. The new company will be known as Weilburger Coatings and will be led by new chief executive, Mark Franckel, who was previously CEO of Precision Technologies Limited.

Founded in 1940, Trimite grew to be the leading supplier of industrial coatings in the UK with operations in Uxbridge, Bristol and Birmingham, and overseas operations in Ireland and the USA.

Phil Woodward, managing director, led the team at Leumi ABL Limited who provided debt funding for the acquisition. Commenting on the acquisition, he said: “This was a good deal for us as the business has a strong trade presence and the “group”, being brought together under the stewardship of Mark Franckel, has the opportunity to extract great synergised benefits, such that the business should soon demonstrate a strong EBITDA. The deal structure and funding package from Leumi ABL is based on strong collateral and therefore is particularly attractive to an Asset Based Lender like Leumi ABL.”

He added: “The underlying businesses within this newly formed group are long established, yet are operating at the high quality, technologically advanced end of the market. It is always pleasing to work with, and provide funding for, a manufacturing business; the group has the ability to produce just about any industrial paint coating.”

Mike Davison from Hammonds provided legal advice to Weilburger Coatings.
Rick Payne from Bennett Brooks acted as reporting accountants for the acquisition.
ABL supplement
ACQ Finance, April 2009



Yorkshire Business Review
Yorkshire Post, 23 April 2009



ABL for turnaround situations
M&A, April 2009



Walstead Investments acquisition of Wyndeham Press Group
March 2009



Further expansion at Leumi ABL
Business Money, Who’s Moving section – March 2009

This month sees the arrival of two new faces as the Leumi ABL team continues to expand. Kevin Yates has joined as Head of Risk & Audit, reporting to Paul Hird, CEO. In his new role, Kevin will be working closely with sales and operations managing the due diligence, underwriting and legal documentation process.

Kevin has worked within the asset based lending industry for 13 years, and has experience across a range of roles in operations, credit and audit. Previously he worked for GMAC, PWC, GE and latterly Landsbanki Commercial Finance.

Commenting on his new role Kevin says: “Leumi ABL has built a solid business based on a sensible lending model, focusing on long term client relationships. I am really looking forward to working with a great team, who have a growing reputation in the market.”

Also new to Leumi ABL this month is Jeremy Stagg with over 5 years’ experience in the ABL sector, having previously worked for GE Commercial Finance and most recently Landsbanki Commercial Finance, in audit and client management roles. In his new role at Leumi ABL as Client Manager, he will look after a portfolio of invoice discounting and ABL clients.  Jeremy says: “I am delighted to have joined a great team at Leumi ABL and look forward to being part of the future success, as the business continues to grow and expand into the ABL sector.”

Phil Woodward, MD adds: “Both Kevin and Jeremy join us with much valuable ABL experience which will help us continue to ensure the highest quality service to our clients. We welcome them both and look forward to continuing last year’s strong business growth.”
Leumi ABL completes deal with Walstead Investments to return Wyndeham Press Group to British ownership
February 2009


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ABL feature - ACQ Finance
February 2009


Full download - 3.5mb
Extract - 160k
ABFA Deal Sheet
Burwood Fasteners Ltd, January 2009


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Wyndeham Press Group deal
Corporate UK, January 2009


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Leading Advisers' Review of 2008
ACQ Finance, January 2009

Phil Woodward is MD at Leumi ABL.

The firm is not sector-specific, but operate across a variety of sectors to improve the working capital of our clients with a full range of asset based lending products.

“2008 has been a very busy year for Leumi ABL with record levels of transactions. Despite the economic downturn, the team has been active with a number of interesting transactions and refinancing deals. As lenders are now assessing market opportunities with greater caution, only those businesses with a strong management team, robust business strategy and excellent products or services are being refinanced.

“Landmark deals include the financing of Cobra Beer and the acquisition of Wyndeham Press Group by Walstead Investments.

“The Leumi ABL approach to any new business is simple and effective – spend time to truly understand the client’s business, know the senior management team and build a solid understanding that shapes a successful ongoing business relationship. We react quickly to business opportunities and give clients immediate access to senior level decision makers.

“In the case of the Cobra Beer deal, the short completion time was largely due to the ability of both management teams to select quality advisers and brief them accurately, paving the way for a straightforward deal process.


As a direct response to the credit crunch, an increasing number of businesses are seeking flexible and accessible funding to drive growth through these tough times, the demand for asset based lending has grown over more traditional forms of financing. With few providers able to offer a full range of asset based lending products in the mid tier deal making arena, Leumi ABL is well placed to support the growth ambitions of businesses with funding requirements from £2.5 million to £25 million – both through the ‘credit crunch’ and beyond.

The next 12 months will continue to see some challenging times for many businesses. With increasing consolidation at the upper end of the market, a smaller number of better placed businesses look set to better weather the storm. Their advisers and funding providers need to work together effectively and creatively to structure the optimum deal for success.

Phil Woodward offers a piece of advice to the deal-making community, “All parties to the deal must be able to build trust, truly understand the client’s business strategy and have confidence in the client’s long term business potential. This will facilitate a speedy, smooth and straightforward deal process for the right opportunities.”