Shawbrook Bank’s Unitranche Facility Provision To WestBridge

Travers Smith LLP has advised Shawbrook Bank on the provision of a unitranche facility to an SPV owned by funds advised by Westbridge Fund Managers Limited in relation to its investment in Bespoke Health & Social Care Limited.

WestBridge has invested £9.6 million to support the MBO of Bespoke Health & Social Care, a leading provider of complex care in the community, to underpin its future growth and development. Bespoke is a specialist nurse led service provider, with over 50 employees and 620 trained carers who enable and empower individuals with complex health and social care needs to be supported within their own homes and communities.

Shawbrook’s unitranche debt funding package – which was successfully completed during lockdown despite COVID-19 restrictions – will support BHSC’s future merger and acquisition plans, with WestBridge having the option to enlarge the facility if required.

The Travers Smith team was led by Finance Partner Katie McMenamin (Picture) with support from Associates Katie Moran and Sam van Besouw.

Involved fees earner: Katie McMenamin – Travers Smith; Katie Moran – Travers Smith;

Law Firms: Travers Smith;

Clients: Shawbrook Group;