Clearwater International advised mid-market private equity house RJD Partners on its management buy-out of debt solutions provider Harrington Brooks.
RJD Partners is an independent private equity house, focused on the lower to mid-market. With over £250m in funds, RJD Partners invests between £5m and £25m in deals worth up to £75m – predominantly in the UK services and leisure markets. RJD Partners have taken a majority stake in Harrington Brooks to support the continued growth of the company.
Harrington Brooks is one of the UK’s leading debt solutions providers, employing over 380 staff and with turnover reaching a record £29m for the financial year ending March 2012.
The Clearwater International team was led by managing partner Michael Reeves and director Nick Horrocks, who advised RJD Partners.